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The Latest Breaking News from Alibaba

JP Morgan Sees Buying Opportunities In Alibaba And Other Chinese Stocks Citing These Reasons

The 2021's deep selloff in Chinese stocks could finally be on the verge of a turnaround, Bloomberg quoted JP Morgan Chase & Co (NYSE:JPM) strategist Marko Kolanovic. Kolanovic expected the Chinese equities to have reached their turning point with ease in lockdowns, continued growth support measures, and possible relaxation in the regulatory crackdown.…

Benzinga

Why Alibaba, Nio, Most Chinese Peers Are Rising In Hong Kong Today

Shares of U.S.-listed Chinese companies were trading mostly higher in Hong Kong on Tuesday morning on mostly firmer global cues.

Benzinga

Vending Machine Leader Ubox Spits Out Big Losses During Pandemic

Key takeaways: Ubox has filed for a Hong Kong IPO despite reporting losses in the past two years due to pandemic-related disruptions to its core vending machine business The company’s backers include Alibaba’s Ant Financial, which led a 1.6 billion yuan investment in the company in 2019

Benzinga

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Why Alibaba Stock Is Surging Today

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading higher Monday as Chinese regulators prepare to complete their investigation of ride hailing company DiDi Global Inc (NYSE: DIDI) with a seemingly posi

Benzinga

Alibaba Names Proven Leader As New Lazada Chief

Alibaba Group Holding Limited (NYSE:BABA) replaced Lazada Group CEO Chun Li with the head of its Thailand business, signifying brewing competition in Southeast Asia, Bloomberg reports. Lazada's new leader James Dong was also a one-time business assistant to Alibaba CEO Daniel Zhang before joining Lazada as its CEO for Thailand in 2018. In…

Benzinga

Why Alibaba, Nio, Other Chinese Stocks Are Not Trading In Hong Kong Today

Shares of Alibaba Group Holdings Ltd (NYSE: BABA), JD.Com Inc (NASDAQ: JD), Baidu Inc (NASDAQ:

Benzinga

What's Going On With Alibaba Shares Today?

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading higher by 3.71% at $96.84. Strength is possibly due to hopes of a Shanghai reopening.

Benzinga

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Despite Regulatory Crackdown In China, Alibaba Is Still The Best Paying Big Tech Firm

Alibaba Group Holding Limited (NYSE: BABA) emerged as the best-paying tech company in China, with an average monthly salary of $5,000 (33,500 yuan),

Benzinga

Alibaba's Ant Undergoes Major Board Reshuffle, Names Hong Kong Bourse Boss As Independent Director

Alibaba's Chinese fintech giant Ant Group has appointed Hong Kong Exchanges and Clearing chairman Laura Cha as an independent director, according to a recent website update.

Benzinga

Alibaba Logs Slowest Revenue Growth But Investors See Bright Side

Key Takeaways: Alibaba’s revenue for the January-March quarter increased 8.9% year-on-year, the slowest pace for any quarter since it went public Yet revenue beat analyst expectations, driven by the China commerce and cloud businesses By Tina Yip

Benzinga

Amazon to close Kindle e-bookstore in China

Beijing (AFP) - US tech giant Amazon said Thursday that it will stop operating its Kindle e-bookstore in China from next year, closing the chapter on a massive consumer market.

AFP

Amazon to close Kindle bookstore in China

Beijing (AFP) - US tech giant Amazon said Thursday that it will stop operating its Kindle e-bookstore in China from next year, closing the chapter on a massive consumer market.

AFP

Alibaba Down 3%, Nio Up 0.6%: What's Weighing On Hong Kong Stocks Today

Shares of U.S.-listed Chinese companies were trading mostly lower in Hong Kong on Thursday morning, with tech stocks being a major drag.

Benzinga

Here's Why Alibaba's Most Accurate Analyst Goes Bearish Despite Its Earnings Beat

The most accurate analyst tracking Alibaba Group Holding Limited (NYSE: BABA) over the past year has maintained his bearish call on the e-commerce juggernaut and other Chinese tech stocks,

Benzinga

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Benzinga

Alibaba's Fraught Relations With India See Accountant Get In A Pickle

India’s apex court has directed government authorities not to threaten or take action against a chartered accountant, who allegedly assisted Alibaba Group Holdings (NYSE: BABA) Indian cloud unit in business incorporation.

Benzinga

Why Alibaba, Nio, Chinese Peers Are Trading Mixed In Hong Kong Today

Shares of U.S.-listed Chinese companies were trading mixed in Hong Kong on Wednesday morning, with tech stocks taking a hit.

Benzinga

What's Going On With Alibaba Stock Today?

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading higher Tuesday as China prepares to lift COVID-19 lockdown measures, beginning June 1.

AFP

Tech giant Grab's female co-founder blazes a trail

Singapore (AFP) - As co-founder of multi-billion dollar ride-hailing and food delivery firm Grab, Tan Hooi Ling is already smashing stereotypes in tech but she's also trying to blaze a trail for the next generation of female entrepreneurs in the industry.

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Benzinga

Alibaba Faces Bigger Macros Challenges Ahead, BofA Says

Alibaba Group Holding Ltd – ADR (NYSE: BABA) indicated its gross merchandise value in the domestic marketplace had begun to decline on a year-over-year in March and had contracted by “teen %” in April.

Investors Business Daily

Market Rally Confirmed As Macy's, Dollar Tree Lead Retail Revival, Albemarle, Broadcom In Focus: Weekly Review

The stock market rally is now a confirmed uptrend, but will it last? Macy's, Dollar Tree and Albemarle soared this week on earnings news.

AFP

Global stocks push higher

London (AFP) - Global stocks pushed higher on Friday as investors hoped that rising global interest rates may curtail sky-high inflation.

Benzinga

Alibaba Upgraded To 'Buy' By Analyst, Long-Awaited 'Inflection Point' Coming

Chinese e-commerce giant Alibaba Group Holding Ltd's (NYSE: BABA) stock is expected to hit a "long-awaited inflection point" in the current quarter despite the challenging three months ended March when it reported the slowest revenue growth since going public in 2014, according to anal

Benzinga

Are China Tech Stocks Preparing For A Bigger Rally?

Shares of Alibaba Group Holding Ltd – ADR (NYSE: BABA) spiked after the Chinese retail giant reported upbeat quarterly results.

AFP

Stock markets chase Wall Street higher

London (AFP) - Asian and European stocks rose Friday, after a strong performance on Wall Street, as investors hoped that rising global interest rates would curtail sky-high inflation.

The Guardian - UK

Chinese technology shares jump as Alibaba sales exceed forecasts

E-commerce company’s revenues rise 9% to 204bn yuan despite weakening economy

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