|Bid||22.680 x 4000|
|Ask||22.690 x 800|
|Day's Range||22.500 - 23.080|
|52 Week Range||21.460 - 50.680|
|Beta (3Y Monthly)||1.38|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 19, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.96|
JD.com's (JD) revenue segments ??? JD Mall & New businesses ??? are likely to have performed well in the third quarter of 2018.
“We’re definitely late cycle, and so at some point we’re going to enter a bear market, and it’s going to happen in the next year and a half, maybe two,” Cohen said during a talk with MSD Capital’s Glenn Fuhrman at the 92nd Street Y in Manhattan on Tuesday night. The $3.2 trillion hedge fund industry lost 3 percent last month and is down about 1.7 percent this year as stock pickers to macro traders sputtered, according to Hedge Fund Research Inc. Cohen, who returned to the business earlier this year after a government ban on him managing capital for clients ended, described how it was easier to make money during the early decades of his business because of the bull market in stocks and less competition in the industry. The hedge fund pleaded guilty to securities fraud in 2013 and paid a record fine as part of a U.S. crackdown on insider trading on Wall Street.
Alibaba (BABA) has downgraded its growth expectations for fiscal 2019, which will end in March. In May, Alibaba forecast fiscal 2019 revenue growth of over 60%, but it now expects this growth to be slower. Alibaba’s revenue rose 58% to $39.9 billion in fiscal 2018.
Wang Miaoyi's small one-bedroom apartment, which doubles as her design studio, is overflowing with game magazines, figurines and boxes of sci-fi novels. The 30-year old game developer is a child of the county's tech boom: she studied at one of China's top universities and her company hit it big with an award-winning game that was published on Nintendo's Switch console and the PC gaming platform Steam, with plans for roll-out on other game platforms. Now her ambitions - and those of many others across China's giant tech industry - are facing a reckoning, amid rising state control over the sector, tightening regulation and a biting trade war with the United States stymieing growth.
Alibaba reported $31.8 billion in gross merchandise volume for its annual "Singles Day," up 27% but a slowdown from the prior year's growth of 39%. Alibaba stock fell on the news.
The Dow Jones opened lower in a keey week for the stock market rally. Apple fell on Lumentum. Alibaba Singles' Day kicked off big China stock news.
Billionaire Chase Coleman‘s Tiger Global Management is stressing patience when it comes to the $25 billion investment firm’s Chinese stock holdings. Chinese stocks have formed an important component of Tiger Global’s massive 13F portfolio for many years, and accounted for 20% of the firm’s long exposure in both its long-short and long-only funds this year. […]
Alibaba (BABA) has quietly made an investment of nearly $300 million for a stake in a Chinese online wine retailer whose sales are poised to double. Alibaba spent $288.6 billion to purchase 39.3 million shares in 1919.cn, a wine company disclosed in regulatory filings cited by Caixin. China is the world’s second-largest wine market after the United States in terms of both consumption volume and consumer spending.
Alibaba (BABA) has partnered with Swiss luxury goods group Richemont to broaden the choice of luxury brands for Chinese consumers as it pursues the nearly $150 billion Chinese luxury goods market. As part of the partnership, which is essentially a joint venture, Richemont will open online stores for its luxury brands in Alibaba’s Tmall platform’s luxury section.
Alibaba may have pioneered the concept of Singles' Day, the world's largest shopping day based on sales, but it very much not the only e-commerce giant involved. JD.com, Alibaba's biggest rival in China, just announced that it sold RMB 159.8 billion ($23 billion) in goods for its Singles' Day campaign. Unlike Alibaba, which racked up $31 billion in GMV in the 24-hour sale on November 11, JD's festival ran for 11 days starting on November 1.
Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) cashed a record 213.5 billion yuan (£23.8 billion) in sales on Sunday during its 24-hour online retail frenzy Singles' Day, but the event's annual growth dropped to its slowest rate. Shoppers in China and across the world snapped up hot items including iPhones, furniture and milk powder starting pre-dawn, with Alibaba recording roughly $10 billion in sales in the first hour after midnight. Singles' Day, also called "Double 11", is the world's biggest online sales event, outstripping the sales of U.S. shopping holidays Black Friday and Cyber Monday combined.
Chinese companies like Alibaba (NYSE:BABA) and JD.com (NASDAQ:JD) were all the rage until they weren’t. As with many publicly-traded firms during this year, BABA stock got off to a promising start in the first half. Presently, Alibaba stock is staring at losses exceeding 15% year-to-date.
JD.com (JD) is gearing up to face off with Amazon (AMZN) more directly in its home market. JD is in the process of setting up a US online store to serve the domestic market. Alphabet’s (GOOGL) Google is helping JD with the US store setup.
NEW YORK, NY / ACCESSWIRE / November 9, 2018 / U.S. stocks retreated on Thursday after the Fed left interest rates unchanged and signaled that it would continue to tighten monetary policy at a gradual ...
JD.com Inc.'s ( JD) stock has had a terrible 2018 declining by 46%, but now options traders are betting the stock falls by 12%. The reason for the bearish outlook is what is forecast to be a weak third quarter for the company when it reports results on November 19.
"I wanted to build something that would tell the million stories of 'Thainess'," says Chadatip Chutrakul, chief executive of Siam Piwat, the firm behind Iconsiam, a half-million-square metre (sqm) complex sits on the banks of Bangkok's Chao Praya River. The retail sector is a rare bright spot in Thailand where the economy lags regional peers, even while growing at 4.6 percent. Developers have $4 billion in retail investments in the pipeline, outstripping new projects in Jakarta, Singapore or Kuala Lumpur.
China is gearing up for the biggest shopping event of the year on Sunday, a day dominated by e-commerce giant Alibaba Group Holding Ltd which saw $25 billion worth of goods sold on its platforms alone in the 24-hour period last year. Companies in China are already seeing the effect of rising caution among the country's shoppers. Car sales are down sharply this year, box office receipts have slowed and brands are facing pressure to roll out discounts to prop up sales.
While JD.com (NASDAQ:JD) CEO and founder Richard Liu maintains his innocence, the mere allegation of improper conduct against him has put a significant cloud over JD stock. Down 20% since the allegations against Liu were first made public on Sept. 5, JD stock price had fallen 32% in the eight months before the charges were made. The mere suspicion that Richard Liu forced himself on a young woman suggests that JD.com’s corporate culture encourages this sort of behavior.
JD.com (JD) has entered the parcel delivery market with a service that lets people in China use JD’s courier service to ship packages across several Chinese cities, including Beijing. Customers can use the JD app or Tencent’s (TCEHY) ubiquitous WeChat app to request pickups. WeChat boasts more than a billion users.
Alibaba (BABA) has consistently reported growing sales every Singles’ Day. Alibaba expects its 2018 Singles’ Day to be its largest ever. To deal with expected strong Singles’ Day demand, Alibaba recently opened what’s been billed as China’s largest automated warehouse.
Every year since 2009, November 11 has marked a special shopping day for Alibaba (BABA). It’s called Singles’ Day. Last year, Alibaba facilitated the sale of goods worth $23.5 billion on Singles’ Day, a sharp increase from the previous year. This year, Singles’ Day marks a decade since Alibaba transformed it into a huge annual shopping event.
In January, eBay’s board authorized a fresh $6.0 billion stock repurchase program, which happened when there was still $1.7 billion remaining under a previous repurchase authorization. Thus, eBay started 2018 with $7.7 billion available for stock repurchases. In the first nine months of 2018, eBay bought back about 80 million of its own shares, returning $3.0 billion to shareholders in the process, which includes the 29 million shares bought back for about $1.0 billion in the third quarter.