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Latest BABA News From Around the Web
Below are the latest news stories about Alibaba Group Holding Ltd that investors may wish to consider to help them evaluate BABA as an investment opportunity.
A three-day virtual investor day hosted by Alibaba (BABA) has launched in Hangzhou, China. Speakers will include CEO Daniel Zhang, CFO Maggie Wu and other members of the company's senior management team.Ahead of the investor day festivities, RBC Capital reiterated a Buy rating and $300 price target on Alibaba. "Despite...
Alibaba’s Tmall to upend China’s real estate industry by using the internet for the entire sales process from viewing to paying
China’s property developers, stymied by a months-long ban on showroom exhibitions and the worst economic growth pace in decades, are girding themselves for a new sales strategy in the age of the coronavirus: online sales.Country Garden Holdings and other major Chinese developers are putting some of their new homes on Tmall Haofang, a new sales channel by the world’s largest e-commerce platform, operated by this newspaper’s owner Alibaba Group Holding. Selected real estate projects sold on the…
During the first day of its investor conference Monday, Alibaba Group Holding Ltd (NYSE: BABA ) is highlighting an expanded portfolio of marketing tools for merchants. The company continues to benefit from the shift to online by overseas merchants and users during the coronavirus pandemic, according to BofA Securities. The Alibaba Analyst: Eddie Leung maintained a Buy rating on Alibaba with an unchanged $326 price target. The Alibaba Thesis: The company’s expanded array of marketing tools, which include “search, recommendation feeds, live broadcasting, short videos, and interactive tools like … Full story available on Benzinga.com
A three-day virtual investor hosted by Alibaba (NYSE:BABA) has launched in Hangzhou, China. Speakers will include CEO Daniel Zhang, CFO Maggie Wu and other
MUMBAI| BENGALURU: Online grocery retailer BigBasket is in discussions to rope in a bunch of new investors like Singapore government’s Temasek, US-based Generation Partners, Fidelity and Tybourne Capital, for a $350-400 million financing round, two people in the know said.The ongoing talks also include at least $100-150 million in secondary sale of shares by early investors, said people close to the matter, who did not want to be identified as the talks are private.BigBasket, which has gained traction on the back of the pandemic as consumers purchase grocery and everyday essential online, is likely to see its valuation gain about 33% to around $2 billion, post the investment, another person privy to the details said.“The non-binding term sheets are in and the round is likely to close in...
PepsiCo, Constellation Brands, and Micron Technology report earnings this week. Plus, September jobs data and the first presidential debate.
Investors can access Ant Group stock through Alibaba, which owns one-third of it, a Chinese-oriented fund, or by calling some U.S. brokers.
Nasdaq 100 snapped three-week losing streak & Alibaba’s Investor Day looms
Quick Take Chindata Group Holdings Limited (CD) has filed to raise $500 million in an IPO of its American Depositary Shares [ADSs] representing underlying Class A ordinary shares, according to an F-1 registration statement. The firm provides hyperscale data center location and technology services to organizations in China, Malaysia and...
Alibaba's Jack Ma was dethroned as China's richest person and the second richest person in Asia by Zhong Shanshan. As per the Bloomberg Billionaires Index on 24 September, Shashan's net worth stood at $56.6 billion when compared to Ma's $56.3 billion.