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The Latest Breaking News from Alibaba

DiDi Had To Postpone Its IPO After Jack Ma's Ant: Bloomberg

DiDi Global Inc (NYSE:DIDI) had to pull the brakes on its Hong Kong listing as it failed to satisfy China's concerns over sensitive data leak, Bloomberg reports. Uber Technologies Inc's (NYSE:UBER) Chinese counterpart remained vulnerable to the possible derailing of its listing plans and regulatory penalties. The ride-hailing company's main apps were removed from local…

Benzinga

Why Alibaba, JD And Tesla Rivals Nio, Xpeng Are Crashing In Hong Kong Today

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory, on fears of increased scrutiny by American regulators and the escalating Russia-Ukraine war.

Benzinga

Alibaba Slides, But Holds This Bullish Pattern: How To Trade It

Alibaba Group Holdings Ltd - ADR (NYSE: BABA) was trading more than 7% lower on Thursday, compared to the S&P 500 which was trading less than 1% lower.

Benzinga

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Alibaba's NFT Marketplace Suspends Users Over 'Massage Gun' Purchases

Alibaba Group Holding Ltd – ADR’s (NYSE: BABA) non-fungible token (NFT) marketplace Jingtan has suspended 680 user accounts for using massage guns and computer software to spam purchases on the platform.

Benzinga

Alibaba, EV Stocks Snap Losing Streak In Hong Kong Today; Tesla Rival Nio Surges On Debut — What's Driving The Rebound?

Shares of U.S.-listed Chinese tech companies traded higher in Hong Kong on Thursday, lifting the benchmark Hang Seng Index into positive territory after a four-day slump.

Benzinga

Here's Why Jack Ma Led Alibaba Affiliate's IPO Got Postponed Indefinitely

Jack Ma's Alibaba Group Holding Ltd (NYSE:BABA) affiliated fintech Ant Group's Hong Kong listing got postponed indefinitely as the bankers remained concerned over China's continued crackdown on the domestic tech sector, the Infomation reports. The weakness of publicly traded Chinese tech stocks, including Alibaba, has made it difficult for Ant and its stakeholders.…

Benzinga

Alibaba, Tech Peers Drag Hong Kong Shares Down For Fourth Day — What's Fraying Investor Nerves?

Shares of U.S.-listed Chinese tech companies slumped in Hong Kong on Wednesday and weighed on the benchmark Hang Seng Index, which extended losses to a fourth straight day.

Benzinga

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Alibaba Strikes Gains Even As Tech Peers Drop In Hong Kong Today - What's At Play?

Shares of U.S.-listed Chinese tech companies fell in Hong Kong on Tuesday, weighing on the benchmark Hang Seng Index, while Alibaba Group Holding Limited (NYSE: BABA) bucked the trend to jump over 1%.

Benzinga

Alibaba Commences Mass Production Of EVs

Jack Ma's Alibaba Group Holding Ltd (NYSE: BABA) has begun mass production of smart electric vehicles,

Benzinga

Will Alibaba Stock Climb Out Of This Bearish Channel?

Alibaba Group Ltd. (NYSE: BABA) shares were trading lower Friday alongside other U.S.-listed Chinese tech companies as investors assessed the possible ripple effects from the escalating war between Russia and Ukraine.

Benzinga

Why Alibaba And Tesla Rivals Xpeng, Li Auto Are Crashing In Hong Kong Today

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Friday, dragging the benchmark Hang Seng Index sharply lower, as investors assessed possible ripple effects from the escalating war between Russia and Ukraine.

Benzinga

Why Alibaba, Xpeng And Other Tech Stocks Are Muted In Hong Kong Today

Shares of U.S.-listed Chinese tech companies were mixed in Hong Kong on Thursday, even as the benchmark Hang Seng Index opened higher on news that China may soften its zero-tolerance approach to curbing COVID-19 outbreaks.

Benzinga

This US-Listed Tech Stock Has Shot Up 7% Today In Hong Kong, Outperforming Alibaba And Others

Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Wednesday, even as the benchmark Hang Seng Index opened lower.

Benzinga

Investors Turn Off iClick Despite Its Strong Potential, as Move to Hong Kong Remains Likely

Key takeaways: • iClick said its enterprise solutions business more than doubled last year, and is expected to deliver more ‘strong growth’ for the next three years

Benzinga

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Benzinga

Analysts Continue To See Sharp Upside In Alibaba Post Q3 - Read Why

Analysts remained optimistic on Alibaba Group Holding Ltd (NYSE:BABA) post Q3 results. JPMorgan analyst Alex Yao noted that Alibaba reported fiscal Q3 results broadly in-line with Bloomberg consensus and his estimates. Yao has an Overweight rating and a $180 price target (65.2% upside) on Alibaba. He believes a weak December quarter result was "largely expected by…

Benzinga

How Alibaba's Cloud Revenue Stacks Up Against Azure, AWS, Google Cloud

Alibaba Group Holdings Limited (NYSE: BABA) reported mixed results for its December quarter, sending its shares lower Thursday.

Benzinga

What's Going On with Baidu And Pinduoduo Shares Today?

Shares of several Chinese companies, including Baidu Inc (NASDAQ: BIDU) and Pinduoduo Inc - ADR (NASDAQ: PDD), are trading lower following the Russian invasion of Ukraine and in sympathy with Alibaba Group Holdin

Benzinga

Can Alibaba Stock Climb Out Of This Bearish Channel?

Alibaba Group Ltd. (NYSE: BABA) shares are trading lower Thursday after the company reported third-quarter earnings.

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Benzinga

What's Going On With Alibaba Shares Today?

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading lower by 3.87% at $105.53 Thursday morning after the company reported third-quarter earnings.

Benzinga

Alibaba Shares Plunge After Q3 Earnings - Read How It Performed

Alibaba Group Holding Ltd (NYSE: BABA) reported third-quarter

Benzinga

Alibaba, Other Tech Stocks Lead Sell-Off In Hong Kong As Russia Launches Attack On Ukraine

Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, dragging the benchmark Hang Seng Index into negative territory amid news that Russia will launch an attack on Ukraine.

Benzinga

Huitongda Network Finds Big Bucks, But Thin Margins, in 'Sunken Market'

Key takeaways: Despite counting Alibaba as its second biggest shareholder, Huitongda’s Hong Kong IPO met with a tepid reception due to concerns about its thin margins Company appears overvalued compared with major competitor Pinduoduo, which spends far more on R&D By Ken Lo

Benzinga

Here's How Big Of A Recovery Investors Expect From Alibaba's Stock By Friday

Shares of Alibaba Group Holding Ltd (NYSE: BABA) have shed almost 9% since Thursday last week, amid wide speculations of the company facing further regulatory pressures, with Beijing preparing for another round of crackdowns.

Benzinga

Here's Why Alibaba Dumped Its Fundraising Plans

Alibaba Group Holding Ltd (NYSE:BABA) discussed raising at least $1 billion for Lazada before calling off negotiations when talks bogged down over the Southeast Asian online mall's valuation, Bloomberg reports. Alibaba had aimed to secure financing for Lazada ahead of its spinoff and a potential initial public offering. Alibaba ditched the fundraising…

Benzinga

Is Recovery Already Here? Alibaba Rises In Hong Kong, Alongside JD, Tesla Rival Li Auto And Other Tech Stocks

Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, lifting the benchmark Hang Seng Index into positive territory.

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