BABA - Alibaba Group Holding Limited
| Previous Close | 204.50 |
| Open | 205.76 |
| Bid | 204.41 x 1100 |
| Ask | 204.45 x 900 |
| Day's Range | 203.77 - 207.10 |
| 52 Week Range | 129.77 - 207.10 |
| Volume | 16,952,293 |
| Avg. Volume | 15,604,280 |
| Market Cap | 551B |
| Beta (5Y Monthly) | 2.25 |
| PE Ratio (TTM) | 58.60 |
| EPS (TTM) | 3.50 |
| Earnings Date | Jan 28, 2020 - Feb 3, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 228.54 |
- Zacks
Holiday Retail Sales Could Be Losing Their Spirit
Have US shoppers lost their holiday cheer or is something else to blame?
- GuruFocus.com
Andreas Halvorsen's Firm Throws Chewy a Juicier Bone
Viking Global enters new, larger position in online pet retailer Continue reading...
- Zacks
The Zacks Analyst Blog Highlights: Alibaba, Beyond Meat, Cortexyme, Revolve and Uber
The Zacks Analyst Blog Highlights: Alibaba, Beyond Meat, Cortexyme, Revolve and Uber
- Zacks
The Zacks Analyst Blog Highlights: Alibaba, Disney, Morgan Stanley, Enbridge and Honda
The Zacks Analyst Blog Highlights: Alibaba, Disney, Morgan Stanley, Enbridge and Honda
- Zacks
Amazon Boosts Presence in Brazil With E-commerce Intiatives
Amazon (AMZN) gears up to open its second distribution center in Brazil in a bid to speed up deliveries.
- Zacks
Top Analyst Reports for Alibaba, Disney & Morgan Stanley
Top Analyst Reports for Alibaba, Disney & Morgan Stanley
- Bloomberg
Saudi Aramco Set to Pay Banks Only $64 Million for Record IPO
(Bloomberg) -- Saudi Aramco is poised to pay a combined $64 million to the banks that arranged the world’s largest initial public offering, a letdown for the Wall Street firms that pitched aggressively for a spot on the deal, people with knowledge of the matter said.The Gulf oil giant plans to pay the top local banks on the deal -- known as joint global coordinators -- 39 million riyals ($10.4 million) apiece, according to the people. The top foreign banks on the deal are set to each get 13 million riyals, or the equivalent of $3.5 million, the people said, asking not to be identified because the information is private.The figures represent the base fee being paid by Aramco, which will decide the amount of discretionary incentive fees at a later date, the people said. If Aramco opts to dole out additional money, most of it would likely go to the domestic banks that brought in the bulk of the IPO orders.Aramco raised $25.6 billion in its share sale, which became a local affair after foreign fund managers shunned its premium valuation. The base fee, representing 0.25% of the funds raised, pales in comparison to other large deals.IPO banks globally earned average fees equal to 4.1% of the deal size this year, up from 3.6% last year, according to data compiled by Bloomberg. Chinese internet giant Alibaba Group Holding Ltd., which raised $25 billion in its 2014 IPO, paid about $300 million to its underwriters including performance fees.Saudi Arabia didn’t need the Wall Street firms’ international networks after it scrapped roadshows outside the Middle East, turning instead to local retail buyers and wealthy families to shore up the deal. The foreign underwriters on the deal will barely make enough to cover their costs, Bloomberg News has reported.Aramco will pay local banks serving as bookrunners, a more junior role, about 5 million riyals each while foreign banks in that position will be paid about 2 million riyals apiece, the people said. The company declined to comment.(Updates with details of fee breakdown in third paragraph.)\--With assistance from Dinesh Nair.To contact the reporters on this story: Sarah Algethami in Riyadh at salgethami@bloomberg.net;Matthew Martin in Dubai at mmartin128@bloomberg.net;Archana Narayanan in Dubai at anarayanan16@bloomberg.netTo contact the editors responsible for this story: Ben Scent at bscent@bloomberg.net, ;Stefania Bianchi at sbianchi10@bloomberg.net, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
APAC Smart Speaker Boom Highlights AMZN, BABA, GOOGL & Others
Smart speaker market in Asia-pacific (APAC) region is gaining steam on the back of growing efforts by Amazon (AMZN), Google, Alibaba, Baidu and Apple.
- Quartz
Jack Ma on the three Qs you need: IQ, EQ, and LQ
"The brain will be replaced by machines, but machines can never replace your heart," he said at a recent education conference.
- Financial Times
Fintech: the rise of the Asian ‘super app’
Rice Basket Queen is the name of a stall run by Ruri Ruhyaty in a bustling suburb of Jakarta. A year ago it was typical of thousands of others. Ms Ruri would place her fish and vegetable dishes on banana ...
- Zacks
5 Hottest IPOs of 2019
2019 was one of the busiest years for IPOs, and the calendar was packed with big tech unicorns and popular consumer brands. Here are some of the hottest market debuts we saw this year.
- Barrons.com
It Was a Dismal Year for IPOs, but There’s Always 2020
2019 has been one of the worst years for initial public offerings, but as always, market experts are optimistic as the holidays draw closer.
- Investor's Business Daily
Stock Market Ekes Out Gains As Fed Keeps Rates Untouched; Watch This Retailer's Earnings
The stock market put in a mixed performance Tuesday, as the Fed left interest rates unchanged after its final meeting of the year, as expected.
- Investor's Business Daily
How To Buy Stocks: Alibaba And Why The Cup With Handle Spurs Big Stock Market Profits
Alibaba broke out above a buy point in a cup with handle on Feb. 22, 2017. The stock would go on to rise more than 100% from the entry.
- Insider Monkey
Billionaire Ken Fisher: Legendary Investor or Marketing Genius? (Updated)
Billionaire Ken Fisher is in hot water because of his sexual comments at a financial services conference. Fisher is known for his prestigious Forbes column, titled “Portfolio Strategy”, which he has been writing since 1984, which makes him the longest-running columnist in the publication’s history. He also has written 11 books, four of which became New […]
- Zacks
November CPI +0.3%, Core +0.2%; Plus Fed News
An inflation rate of 2.1% will send no one running for the hills; we might even look at these figures as somewhat "Goldilocks" \-- not too hot, not too cold.
- Benzinga
Alibaba Co-Founder Tsai Investing In Esports Franchise G2
Alibaba Group Holding Ltd . (NYSE: BABA ) co-founder Joe Tsai is buying a minority stake in German-based esports franchise G2 Esports. Tsai, who also owns the NBA’s Brooklyn Nets and the Barclays Center, ...
- Investopedia
Why Tesla Is Rebounding as China's Electric Car Market Faces Shakeout
Leading Chinese billionaire entrepreneurs are investing heavily in electric vehicles, but their roads to profitability may be rocky.
- Financial Times
SoftBank/Alibaba: Wag’s the dog
Masayoshi Son was on the same conference panel. News that Mr Son’s SoftBank is selling a big stake in overhyped US dog-walking start-up Wag shows Mr Ma has a point. Implicit criticism from the founder of Alibaba must be painful, even for the brash Mr Son.
- Benzinga
Bankers Promote Hong Kong Listing After Alibaba Success
Bankers told The Nikkei that they are asking U.S.-listed Chinese companies to list in Hong Kong after Alibaba’s landmark Hong Kong listing success in November. “We are actively promoting a listing in Hong Kong to a clutch of companies we believe will be well received by Chinese investors," said one of the bankers interviewed by The Nikkei. Inspired by that, bankers are pitching Hong Kong listing to other U.S.-listed Chinese companies, especially those with a net worth of around $400 billion and technology firms, such as Baidu Inc (NASDAQ: BIDU) and JD.Com Inc (NASDAQ: JD), according to The Nikkei.
- Bloomberg
SoftBank May Sell Alibaba Stock to Fund Buyback, Jefferies Says
(Bloomberg) -- The slump in SoftBank Group Corp.’s shares could prompt Masayoshi Son to play an ace card -- cashing in part of his stake in Alibaba Group Holding Ltd.Son is likely to sell Alibaba stock to help pay for another buyback in an attempt to bolster SoftBank shares, according to Jefferies Group analyst Atul Goyal. It’s a surprise the Japanese technology giant’s shares are “languishing” despite its large stake in Alibaba, Goyal wrote in a note. The shares have become “decoupled,” and SoftBank is seeing little upside from its holding, he said. SoftBank’s stock is up 16% this year, while Alibaba’s has surged 45%. SoftBank’s market cap is about $82 billion, though its Alibaba shares alone are worth about $128 billion.SoftBank’s February announcement of a record 600 billion yen ($5.5 billion) buyback sent its shares to a peak in April, but the stock has since lost most of the gains. Investors have been spooked by the one-two punch of Uber Technologies Inc.’s plunge after an initial public offering in June and WeWork’s meltdown that forced a bailout by SoftBank. The poor performance of Son’s two marquee investments called into question the billionaire founder’s deal-making approach just as he’s trying to raise a successor to his $100 billion Vision Fund.As the current stock price is “well below” the average price paid in the stock repurchase earlier this year, “we will not be surprised if SoftBank Group funds yet another buyback, perhaps in February 2020, by selling some more stake in Alibaba,” Goyal said.SoftBank’s sale of part of its stake in the Chinese e-commerce giant earlier this year and using Alibaba shares as collateral for a loan indicate Son’s willingness for such a move, Goyal said. In addition to buybacks, proceeds could be used for investment in the second Vision Fund, the analyst said.Responding to criticism about his reluctance to exit successful investments, Son in June 2016 unveiled a plan to sell 73 million American Depositary Shares in the online mall operator. The complex transaction, structured so that he could retain some upside if the stock rose, took three years to complete. SoftBank booked 1.2 trillion yen in pre-tax profit from the deal and still holds about 26% of Alibaba.To contact the reporters on this story: Kurt Schussler in Tokyo at kschussler1@bloomberg.net;Pavel Alpeyev in Tokyo at palpeyev@bloomberg.netTo contact the editors responsible for this story: Lianting Tu at ltu4@bloomberg.net, ;Edwin Chan at echan273@bloomberg.net, Peter Elstrom, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Reuters VideosMillionaire livestreaming star shares tricks of the trade
Zhang Dayi makes a living by livestreaming. And for her, it's turned into a very lucrative business. In fact, she's a millionaire. Dayi films herself talking about items of clothing and answers questions on anything from its sizing to smell. Ahead of China's online shopping festival "Double-12", the equivalent of e-commerce giant Alibaba's Single's Day, millions have watched her every move -- and provided affirmation in the form of 'likes'. The secret to her success? Well, she says it takes dedication, ambition and the direct communication that comes with livestreaming. (SOUNDBITE) (Mandarin) LIVESTREAMER AND SOCIAL MEDIA INFLUENCER, ZHANG DAYI, SAYING: "I started my (online) shop in the second half of 2014. At first, I used a form of photo and text (to interact with users), and then short videos, and then gradually used livestreaming as a tool to frequently chat with users. I think livestreaming is an all-around and more direct way of communication. Along with the development of the internet and changes to online platforms, we are also optimising ourselves. I think when it comes to us selling products, it (livestreaming) is a very effective way to convince users and communicate with them as well as establish trust with them." Dayi dipped her toe into the world of live-streaming when Alibaba started testing the service. She has four business -- which earned 48.6 million US dollars across the Singles Day event in November.
- Yahoo Finance Video
Amazon's overseas sites may be added to ‘Notorious Markets’ list: WSJ
The Trump Administration is mulling adding the e-commerce giant's overseas operations to a list of global marketplaces known for counterfeit goods, according to The Wall Street Journal. Yahoo Finance’s Zack Guzman and Brian Cheung discuss with Campus Reform Editor-in-Chief Cabot Phillips on YFi PM.
