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The Latest Breaking News from BABA

Is Alibaba a Buy After Analysts Raised Earnings Guidance?

Analysts have raised earnings guidance for Alibaba Group (BABA) with the easing of China’s tech crackdown. The company’s EPS is expected to increase over the next twelve months. However, the stock currently trades at a stretched valuation, and the company faces intense competition from its rivals. So, will it be…

Facebook, Instagram Fall Prey To Data Scraping; Indict Chinese Company

Facebook, Instagram Fall Prey To Data Scraping; Indict Chinese Company

Meta Platforms, Inc (NASDAQ:META) prosecuted Octopus Data, the U.S. subsidiary of a Chinese national high-tech enterprise Shenzhen Vision Information Technology Co. Octopus Data allegedly offered data scraping services for Facebook and Instagram. Meta also prosecuted a Turkey-based individual, Ekrem Ateş, for allegedly setting up automated Instagram accounts to scrape data from 350,000 Instagram…

Alibaba's Share Price Recovery Earns It Bullish Calls From Some Brokerages

Alibaba's Share Price Recovery Earns It Bullish Calls From Some Brokerages

Some of Wall Street's biggest brokerages have reiterated their bullish calls for Alibaba Group Holding Limited (NYSE: BABA), indicating more gains after it surged from a mid-March low,

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Why Alibaba, Other Chinese Firms Could Seek Shifting Primary Listings to Hong Kong

Alibaba Group Holding Limited (NYSE: BABA) and other U.S.-listed Chinese stocks could convert their secondary listings in Hong Kong to primary, Bloomberg

Read Alibaba's Role In Shanghai's Recent Infamous Police Database Hack As China Struggles To Censor Breach News

China has rapidly censored news of the alleged hacking of a Shanghai police database, potentially compromising the personal data of more than one billion people, the Financial Times reports.&nbs

Here's How Alibaba Looks To Aid In Digital Transformation Of Enterprises

Alibaba Group Holding Limited (NYSE:BABA) created a new subsidiary, Lingyang Intelligent Service Co, to help companies in their digital transformation, the SCMP reports. It reflects Alibaba's effort to engage new market segments and industries as domestic online retail competition amplified amid weak consumer spending and economic slowdown. The move shortly follows Chair and…

Alibaba And Other Chinese Stocks Go Jittery As China Tightens Rules On Overseas Data Transfer

The Cyberspace Administration of China (CAC) sought public feedback on draft rules governing the transfer of personal data overseas, Reuters reports. Under the draft rules, companies collecting personal data would be responsible for the legality, legitimacy, the need for the data, scope, and security of overseas transfers. The draft also covers methods…

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Alibaba Rolls Out Digital Tool To Help Its Overseas Customers Reduce Carbon Footprint

Alibaba Rolls Out Digital Tool To Help Its Overseas Customers Reduce Carbon Footprint

Alibaba Group Holding Limited's (NYSE: BABA) cloud business unit launched Energy Expert, a digital platform to help its global customers manage their carbon emissions,

Alibaba CEO Daniel Zhang Yong Preaches Tech's Positive Role On Chinese Society: All You Need To Know

Alibaba CEO Daniel Zhang Yong Preaches Tech's Positive Role On Chinese Society: All You Need To Know

Alibaba Group Holding Limited (NYSE: BABA) Chair and CEO Daniel Zhang Yong penned an article in China cyberspace administration's official magazine,

Alibaba Lays Off 50 Employees As It Shuts Israel R&D Center: Report

Alibaba Lays Off 50 Employees As It Shuts Israel R&D Center: Report

Chinese e-commerce giant Alibaba Group Holdings (NYSE: BABA) is shutting down its R&D center in Israel, the company notified its employees on Sunday.

This Is What Whales Are Betting On Alibaba Group Holding

This Is What Whales Are Betting On Alibaba Group Holding

Someone with a lot of money to spend has taken a bullish stance on Alibaba Group Holding (NYSE:BABA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Alibaba Group Holding Whale Trades Spotted

Alibaba Group Holding Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 22 strange trades.

Why Alibaba Shares Are Rising Today

Why Alibaba Shares Are Rising Today

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading higher by 5.74% to $111.23.

Here's Why Alibaba Stock Looks Set To Soar

Here's Why Alibaba Stock Looks Set To Soar

Alibaba Group Holdings, Inc (NYSE: BABA) stock is rallying in Thursday's trading session after closing slightly lower on Wednesday.

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Here's Why Alibaba Shares Are Trading Higher Premarket

Alibaba Group Holding Limited (NYSE:BABA) founder Jack Ma's Ant Group Co is likely to apply for a critical financial license by June, Bloomberg reports. The move signals the fintech giant is getting closer to satisfying China's financial regulators, who quashed its listing ambitions in 2020. It followed a broader crackdown that erased over $1 trillion in…

ZhongAn Moves Further Out of Parental Shadow as Tencent Cuts Stake

Key takeaways: • Tencent reduced its stake in ZhongAn to about 8% from 10%, less than six months after Alibaba-affiliated Ant Group also cut its stake in the online insurer • ZhongAn’s net profit more than doubled last year, as reliance on its parents for business has decreased

Here's How Alibaba Is Reaping Benefits Of Overseas Infra Investments As Domestic Crackdowns Continue To Pinch

Alibaba Group Holding Limited (NYSE: BABA), through its Pakistan e-commerce subsidiary Daraz, expanded its reach across Bangladesh, Sri Lanka, Nepal, and Myanmar, becoming South Asia's largest e-commerce company outside India,

China Sentences Man Linked To Alibaba Employee Sexual Assault Case

A China court sentenced a man to 18 months in prison for being involved in Alibaba Group Holding Limited (NYSE:BABA) female employee sexual assault case, the Global Times reports. The court held Zhang Guo guilty of forcible indecency against a female employee surnamed Zhou of Alibaba Group during a business dinner in July…

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3 Chinese Stocks Worth Monitoring for a Contrarian Trade

Chinese stocks are outperforming after 2 years of underperformance. Regulatory crackdowns on tech companies seem to have abated, and the government is expected to pivot to economic concerns in the fall. Here are 3 Chinese stocks to watch: Alibaba (BABA), NetEase (NTES), and Finvolution (FINV).

What Are Whales Doing With Alibaba Group Holding

Someone with a lot of money to spend has taken a bearish stance on Alibaba Group Holding (NYSE:BABA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Why Alibaba Shares Are Rising Today

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading higher by 10.30% to $111.90 following reports suggesting China's central bank has accepted Ant Group's financial holding company application.

Covid Regulations, China's Crackdown On Alibaba And Others Are Taking Toll On Its Tech Workers - Read How

Chinese tech workers are facing a tough time landing a job that is coming after a significant pay cut, the Financial Times reports.

Alibaba Group Holding Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 112 strange trades.

Alibaba Ropes In Expedia Head As SCMP CEO As It Devotes Former Chief To NFT Spinoff

Alibaba Group Holding Limited's (NASDAQ:BABA) The South China Morning Post (SCMP) roped in Expedia Group, Inc's (NASDAQ:EXPE) Asian head, Catherine So, as its new CEO, Bloomberg reports. So succeeds Gary Liu, who will leave in July to oversee crypto-spinoff Artifacts Lab. The Harvard alumni So, who's also worked at Groupon, Inc (NASDAQ:GRPN), Star TV, and AOL Time Warner,…

Alibaba Goes Amazon Way To Develop In-House Silicon

Alibaba Group Holding Limited (NYSE: BABA) offered a glimpse at its in-house silicon called Cloud Infrastructure Processing Units (CIPUs) at its annual summit this week,

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