175.00 +2.22 (1.28%)
Pre-Market: 6:48AM EDT
|Bid||174.94 x 1200|
|Ask||175.08 x 1100|
|Day's Range||168.38 - 174.20|
|52 Week Range||164.25 - 211.70|
|PE Ratio (TTM)||46.38|
|Earnings Date||Aug 23, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||239.18|
Aug.19 -- Ajay Sunder, vice president of information and communication technology at Frost & Sullivan in Singapore, talks about Chinese technology companies including Alibala Group and Xiaomi. He speaks with Ramy Inocencio and Yvonne Man on "Bloomberg Daybreak: Asia."
Aug.16 -- Shaun Rein, China Market Research Group managing director, discusses JD.com Inc.'s second-quarter loss and Chinese tech earnings with Bloomberg's Selina Wang on "Bloomberg Technology."
Investing.com – Hong Kong-listed information and content service provider Alibaba Health Information Technology Ltd (HK:0241) is set to acquire 14.52% shares of Guizhou Ensure Chain Pharmacy Company Limited for CNY421.8 million ($61.3 million), according to a statement on Friday.
hasn't helped sentiment around Alibaba. Jack Ma's company also provides full-year revenue growth guidance in its reports. Alibaba's report arrives on the morning of Aug. 23, and an earnings call will be held at 7:30 a.m. ET.
BEIJING (AP) — Malaysia's leader courted Chinese e-commerce investment in his country on Saturday, the start of his first trip to China since his stunning electoral victory three months ago.
A key is that the US and China have agreed to resume negotiations on trade. The company operates the largest online marketplace for local merchants and consumers in China, in terms of MAUs (Monthly Active Users). On the heels of the latest earnings report, WUBA stock spiked 11% to $65.22 million.
For the first time, the investment company formerly known as Yahoo! has unloaded some of its core stock holdings. That juicy Alibaba portfolio remains untouched, though.
CNBC's Jim Cramer says he longs for lazy August days ahead of a packed week of earnings reports from retailers and tech companies. The "Mad Money" host tells market-watchers what to expect from next week's earnings reports. August used to be a month when nothing happened, CNBC's Jim Cramer said.
Earnings season for the most part has come to an end. And for the most part earnings reports were pretty good. As far as the broad market goes, however, “pretty good” wasn’t quite enough.
This is especially true when dealing with a Chinese company like Alibaba Group Holding (NASDAQ:BABA), which is due to report earnings on August 23 before the U.S. market opens. The on-again, off-again trade war with China has been driving Alibaba stock, as China has slowly lowered the value of the yuan against the dollar. Source: Shutterstock The Chinese currency was at 6.27 to the dollar in April. The fall of the yuan has made Alibaba stock a relative bargain.
I’ve been very bullish on Shopify (NYSE:SHOP) for some time now. But even with SHOP stock having pulled back sharply of late, I’ll admit to having some second thoughts.
Aug 17 (Reuters) - Alibaba Health Information Technology Ltd : * ALIBABA HEALTH (CHINA) TO CONTRIBUTE RMB404.3 MILLION TO CAPITAL OF GUIZHOU ENSURE CHAIN PHARMACY COMPANY LIMITED * ALIBABA HEALTH (CHINA) ...
It’s been a tough month for Chinese stocks, particularly e-commerce company JD.com (NASDAQ:JD). Not only has JD seen its share price beaten down by trade tension between the U.S. and China, but the company’s second-quarter results came in below expectations and caused sentiment towards JD stock to sink even lower. JD is down nearly 40% from where it was just six months ago, which is sure to pique contrarians’ interest.
Alibaba (BABA) introduces nine cloud products which will assist the retail companies to implement its "New Retail" concept in their business operations.
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Amazon (AMZN) invested in at least six strategic firms over the four months ended July, according to CrunchBase data. The majority of the firms Amazon has recently invested in are in India, the country in which it has lined up more than $5.0 billion to grow its business.
Aug 17 (Reuters) - Shanghai AtHub Co Ltd: * SAYS IT PLANS SHARE PLACEMENT TO RAISE UP TO 800 MILLION YUAN ($116.30 million) TO INVEST IN TWO ALIBABA'S CLOUD DATA CENTRES Source text in Chinese: https://bit.ly/2wcNCTp ...
Walmart Inc (NYSE:WMT) stock is up 9.2% since it announced it was buying Flipkart, India’s biggest e-commerce company, on May 9. Indeed, the Boston Consulting Group has said India could become the world’s third-largest consumer market by 2025. The $16-billion deal cleared an important hurdle on Aug. 8, when the Competition Commission of India announced on Twitter Inc (NYSE:TWTR) that the deal had been approved.