|Bid||187.43 x 800|
|Ask||187.47 x 900|
|Day's Range||184.00 - 187.79|
|52 Week Range||129.77 - 211.70|
|Beta (3Y Monthly)||1.73|
|PE Ratio (TTM)||53.49|
|Earnings Date||May 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||206.27|
WASHINGTON (AP) — Chinese e-commerce giant Alibaba Group remains on the U.S. government's annual list of "notorious markets" that peddle counterfeit products.
April 25 (Reuters) - * ALIBABA HAS PARTNERED WITH MALAYSIAN WEB HOSTING AND CLOUD SERVICE PROVIDER EXABYTES NETWORKSET TO BOOST MALAYSIAN SMES CHINA ACCESS - XINHUA Source text for Eikon:
Macro Updates: Record Highs, US-China Talks, and More(Continued from Prior Part)US-China relations The United States (SPY) and China are involved in a trade spat and pressuring each other to arrive at a consensus. But trade issues aren’t the
The London-based asset manager also bought up Mastercard and American Express stock in the first quarter and cut down its Pfizer investment.
Often, the biggest winners in the stock market have humble beginnings. They start off as small stocks that either many people don't know about, or simply write off as too risky. Then, these small, high-risk stocks "grow up". They capitalize on secular tailwinds, drive robust revenue growth and equally robust margin expansion, and end up turning into huge companies with massive reach and enormous valuations.Source: Shutterstock With that in mind, I'd like to introduce investors to freshly public Jumia Technologies (NYSE:JMIA). Jumia is Africa's e-commerce juggernaut. It hit public markets in mid-April at an IPO price of $14.50. Investors jumped on the stock. Less than two weeks after its IPO, Jumia stock is above $37, up more than 150% from its IPO price. * 10 High-Yielding Dividend Stocks That Won't Wilt Clearly, some investors think this stock is a big winner.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Africa's Digital EconomyIt very well could be huge. Jumia is at the heart of the currently underdeveloped yet potentially enormous African digital economy. The expansion of this underdeveloped digital economy will be one of the market's most robust growth narratives over the next decade, much as the expansion of Asia's formerly underdeveloped digital economy was one of the market's most robust growth narratives over the past decade.The Asian digital economy expansion birthed several very, very large companies, such as Alibaba (NYSE:BABA) and JD (NASDAQ:JD). Africa's digital economy expansion should produce the same, implying a bright future for Jumia, which is presently the most-relevant player in continent's digital economy, yet has a market cap of under $3 billion.In other words, Jumia stock is a high-risk, high-reward play on the expansion of Africa's digital economy. Because there are a plethora of execution and valuation risks here, Jumia stock is not for the faint of heart. But, for investors who have the stomach for volatility and risk, Jumia stock is an attractive pick, especially considering that in an "everything goes right scenario", this is a multi-bagger in the making. The Africa Opportunity Is HugeIn the big picture, Jumia stock projects as a potential long term winner because of its robust exposure to the potentially huge African digital economy. Nigeria and South Africa are the largest economies in Africa with a combined GDP of around $750 billion, according to the IMF.The story here is pretty simple. Africa is the last great frontier of the tech revolution. Internet penetration rates measure around 36% throughout the continent, versus upward of 50% internet penetration everywhere else on Earth, including nearly 90% in North America. That 36% number won't stay low forever. It's only a matter of time before Africa catches up. That's the way technology revolutions works. You have the leaders (North America) and the laggards (Africa), and now it's time for the laggard to catch up.Over the next decade, Africa's internet penetration rate is going to surge higher, and that is going to spark enormous expansion in Africa's digital economy. The drivers here? Urbanization (only 43% of Africans live in urban centers, versus 80%-plus in North America), middle class expansion (Africa's middle class is projected to go from 355 million in 2010 to 1.1 billion by 2060), and favorable demographics (the average age in Africa is under 20, versus a global average age north of 30).Broadly, then, the continent of Africa is going to rapidly urbanize and digitize over the next several years. As it does, all aspects of Africa's digital economy will boom, from e-commerce, to digital advertising, to cloud services, so on and so forth. Because of this, its digital economy is a market that long term investors should start seeking exposure to now. Jumia Is The Leader In AfricaWhen it comes to exposure to Africa's digital economy, the best option at the present moment is Jumia stock.Jumia is the most relevant player in Africa's digital economy today. The heart of Jumia is an e-commerce platform called Marketplace. Jumia Marketplace, which operates in 14 countries throughout Africa, has 81,000 active sellers, 4 million active buyers, and reported nearly $1 billion in gross merchandise value in 2018. Those are big numbers for the still-nascent African e-commerce market, which in combination with the Middle East, only had around 70 million e-commerce shoppers in 2018, of which probably 50 million were from Africa, giving Jumia roughly 8% shopper market share. * 10 Stocks to Sell Before They Give Back 2019 Gains Over time, Africa's 50 million e-commerce shopper number will grow by leaps and bounds. The continent has 1.3 billion people, and is rapidly growing. The population could realistically measure closer to 2 billion within the next decade. In the U.S., roughly two-thirds of Americans are online shoppers. In China, the e-commerce penetration is nearing 50%, and rapidly expanding. Over time, Africa's e-commerce penetration rate should close in on 50%, too. Assuming this happens roughly a decade down the road when Africa's population is 2 billion, then that implies 1 billion e-commerce shoppers.If Jumia nabs roughly 10% of the shoppers, that implies 100 million buyers on Jumia's platform. That is a potential 25-fold increase over the next decade.In other words, the long-term upside potential in JMIA stock is enormous. At present, it's hard to quantify. But, in an "everything goes right" scenario, this company could nab 100 million shoppers at scale. In that scenario, Jumia stock is worth significantly more than $3 billion. Bottom Line on JMIA StockJumia stock is a largely undiscovered, hyper-growth e-commerce stock with multi-bagger potential, yet a plethora of execution, valuation, and visibility risks. Consequently, this is a high-risk, high-reward play on the African digital economy. JMIA stock isn't for the faint of heart, but it could pay off big in the long run.As of this writing, Luke Lango was long JMIA, BABA, and JD. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post Jumia Stock Could Be An Undiscovered Africa Hit For Long-Term Investors appeared first on InvestorPlace.
Alibaba has grown into a global technology giant and the major shareholders have held steady. Here are the top five individual shareholders of the company.
Macro Updates: Record Highs, US-China Talks, and More(Continued from Prior Part)US-China trade talksThe United States (SPY) and China (FXI) have held six rounds of trade talks after US President Donald Trump and Chinese President Xi Jinping agreed
The Latest on the NASDAQ, Amazon, Samsung, and Tencent(Continued from Prior Part)Amazon wasn’t able to make any inroads in Chinae-Commerce giant Amazon (AMZN) will retreat from its domestic marketplace business in China as of July 18, as it faces
Warning! GuruFocus has detected 4 Warning Sign with PYPL. PayPal is one of the largest companies in the fintech sector, with a market cap of more than $125 billion, and it doesn't look like the company is going to stop growing any time soon. The allure to PayPal is multifold, catering fintech services to millennials, entrepreneurs and those looking for security in online purchases.
Alibaba stock has been a big winner since its debut in September 2014. With solid fundamentals and a bullish chart, the case for more upside is a strong one.
China's ecommerce powerhouse, JD.com (NASDAQ:JD), has been a magnet for controversy lately. And this has certainly had an impact on the company's shares. From June 2018 to November, JD stock went from $43 to $19. But then there has been a powerful rally. Note that JD is now at about $30.Source: Daniel Cukier via FlickrNo doubt, one of the reasons for the volatility has been the company's founder and CEO, Richard Liu. About four months ago, while he was visiting Minneapolis, a student from China accused him of rape. Liu was arrested but the charges have since been dropped.But the controversy is far from over. The student has recently filed a lawsuit against Liu. There has also emerged a protest against him, with a petition signed by hundreds of people on social media platforms like Tencent's (OTCMKTS:TCEHY) WeChat.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 High-Yielding Dividend Stocks That Won't Wilt It's far from clear what will happen with the suit. Yet despite the run-up in JD stock this year, there appears to be concern with he leadership of Liu. It also does not help that Liu referred to some of his workers as "slackers" and that they are not his "brothers" (yes, this is probably something that won't get good ratings on Glassdoor.com).This was in response to the emerging discontent in China regarding long work hours. It is called "996," which is a six day work week that has a daily schedule from 9 am to 9 pm.Oh, and something else: JD.com appears to be in the midst of layoffs that could come to 8% of the workforce. There have also been departures of top executives, such as chief technology officer Chen Zhang and public affairs officer Ye Lan.Now a restructuring is probably a good move, as the logistics platform is costly. In light of this, the company has also been looking at automation like robots. Yes, this is similar to the strategy of Amazon.com (NASDAQ:AMZN). But then again, this company has the advantage of the hugely profitable AWS platform. JD Stock and GrowthAnother issue for JD is the slowing of the Chinese economy. President Trump's trade policies have taken a toll. It is also getting tougher for China's economy to churn out growth because of its enormous size.But it is important to note that JD has been experiencing a deceleration for quite some time. From 2015 to 2018, the revenue growth has gone from 55% to 31%. In fact, as of Q1, it has dropped to 17%.What's going on? Well, the ecommerce market in China is highly competitive. For example, this week Amazon.com indicated that it will close its Chinese online marketplace.However, JD.com's situation may be a case of execution as well. After all, even though Alibaba (NYSE:BABA) is much larger, the growth ramp was still a sizzling 41% in the latest quarter. Bottom Line on JD StockI think the prospects for ecommerce in China remain bright. A big driver is the growth in the middle class, which is expected to hit a whopping 780 million within six years. And estimates are that the spending on ecommerce will jump from $470 billion in 2018 to $839.54 billion by 2021.So this should be great for JD stock, right? Yes, this is true, but the problem is that the company appears to be the in retrenchment mode, which is probably resulting in lower morale. What's more, the valuation is far from cheap, with the forward price-to-earnings multiple on 31X. Note that the current stock price is essentially in-line with the Street's consensus price target.To put this into perspective, BABA is at 27.6X, even though it is growing much faster and has a more diverse set of revenue streams. In other words, if you want to play the ecommerce trends in China, BABA looks like the better option right now.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post The Rally in JD Stock Is Running out of Momentum appeared first on InvestorPlace.
The e-commerce giant widened its lead over Amazon.com Inc. and Microsoft Corp. in Asia’s cloud computing market in 2018, according to Gartner, which in turn helped it narrow its global gap with those two rivals. Alibaba’s overseas cloud expansion will continue to outpace its domestic growth as the company pushes further into other countries, according to Lancelot Guo, Alibaba Cloud’s vice president and head of strategy.
Four of the Latest Takeaways from Microsoft in April(Continued from Prior Part)Oracle and IBM dropped Microsoft (MSFT) has made it to the short list of companies being considered for a lucrative cloud contract from the US Department of Defense. The
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Rob Lin, Head of Investor Relations at Alibaba Group By John Jannarone Government regulations have required many Chinese technology companies to adopt a unique legal structure when listing shares in the U.S., and a number of bad actors have left some investors worried about how much protection shareholders really have. In a move that should […]
Four of the Latest Takeaways from Microsoft in AprilExpress Logic develops IoT softwareMicrosoft (MSFT) announced this month that it had acquired a San Diego startup called Express Logic for an undisclosed amount. Express Logic specializes in
Amazon's (AMZN) first-quarter results are likely to benefit from AWS dominance in cloud driven by strengthening services portfolio.