The Latest Breaking News from Alibaba

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 · Feb 25, 2022

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 · Feb 24, 2022

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 · Feb 24, 2022

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 · Feb 23, 2022

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 · Feb 23, 2022

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 · Feb 23, 2022

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.  

Benzinga · Feb 23, 2022

Thinking About Buying Stock In Alibaba, Virgin Galactic Or Teladoc Health?

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.

Benzinga · Feb 22, 2022

Alibaba (BABA) Shares Under Pressure Again As Concerns Continue To Mount

Shares of Alibaba Group (NYSE: BABA) are trading lower in pre-open Tuesday in the United States on several reports that are being interpreted as headwinds for the e-commerce giant. Alibaba's share price closed 3.05% in the red in Hong Kong on the concerns discussed below.

Benzinga · Feb 22, 2022

Why Alibaba Shares Are Trading Lower Today

Alibaba Group Holding Ltd (NYSE: BABA) is trading lower Tuesday following reports suggesting China asked state firms to check their investments in Jack Ma's Ant Group.

Benzinga · Feb 22, 2022