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Alibaba Unveils Its Spin-Off Plans
Thursday, June 1, 2023 - 4:42pm | 928Read More...Chinese e-commerce giant Alibaba Group Holdings Ltd. (NASDAQ: BABA) announced in November 2022 that it would be spinning off six companies. Ali Baba has been referred to as the Amazon.com Inc. (NASDAQ: AMZN) of China. It is the second largest e-commerce company in China, behind Meituan. Alibaba...
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BofA Upgrades Sea After 45% Stock Selloff, 2022 Guidance Will Be Critical
Monday, January 3, 2022 - 10:58am | 249Read More...Sea Ltd’s (NYSE: SE) stock has lost around 45% from its peak, with the prospects of a near-term gaming slowdown and concerns around growing ecommerce losses due to expansion in Europe and India largely priced into the stock, according to BofA Securities. The Sea Analyst: Sachin...
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Alibaba Rival JD Plans International Expansion In Challenge To Amazon: What You Need To Know
Thursday, November 11, 2021 - 6:32am | 588Read More...China-based e-commerce firm JD.com, Inc (NYSE: JD) is looking to expand its international footprint to challenge rival Amazon.com, Inc (NASDAQ: AMZN). What Happened: The company’s new CEO of retail business Xin Lijun said that the company over the coming years will “increase investment...
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Here's What Alibaba's Recent Acquisitions Suggest About The Future Of The Economy
Friday, January 27, 2017 - 3:17pm | 812Read More...Alibaba Group Holding Ltd (NYSE: BABA) has been in the news recently, thanks to its stellar December quarter results. The third-quarter results revealed that it has a cash hoard, with $4.9 billion in non-GAAP free cash flow and $5.4 billion in operating cash flow. The rich cash flow position...
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10 Topics For Alibaba's Analyst Day
Friday, June 10, 2016 - 8:22am | 341Read More...Alibaba Group Holding Ltd (NYSE: BABA) is scheduled to host its analyst day on June 14, in Hangzhou. Robert "Bob" Peck of SunTrust Robinson Humphrey maintains a Buy rating on the company, with a price target of $90. 10 Topic Areas “Investors we speak with are looking forward to a deeper...
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Alibaba Announces $1 Billion In Southeast Asia e-Commerce Platform To 'Support Our Ecosystem Expansion
Tuesday, April 12, 2016 - 11:33am | 328Read More...Alibaba Group Holding Ltd (NYSE: BABA) announced on Tuesday it has invested $1 billion to acquire a controlling stake of Lazada, an eCommerce platform based in Southeast Asia. Alibaba will pay approximately $500 million in newly issued equity capital of Lazaada and acquisition of shares from...






