maybefalse Alibaba (NYSE:BABA) is in a prime position to remain a dominant player in the cloud computing and the growing e-commerce markets in China. The market has punished the company’s market valuation since its peak at $835 billion to its current market valuation at $304 billion. This significant valuation decreaseContinue Reading
Alibaba Group (NYSE: BABA) and Pinduoduo (NASDAQ: PDD) are two of the largest e-commerce companies in China. Alibaba served 1.3 billion annual active customers globally at the end of fiscal 2022 (which ended in March 2022), including over 1 billion customers in China, while Pinduoduo reached 882 million annual activeContinue Reading
Alibaba Global Initiatives (“AGI”) today announced the graduation of 86 African entrepreneurs from the latest edition of the Alibaba Netpreneur Training (“ANT”) Program. Held from mid-October to mid-November, the Africa-specific edition was rolled out with support from the Africa’s Business Heroes prize competition, a philanthropic initiative that aims to support and inspireContinue Reading
Alibaba Group Holding‘s (NYSE: BABA) stock popped 8% on Nov. 17 after the Chinese e-commerce and cloud leader posted its latest earnings report. For the second quarter of fiscal 2023, which ended on Sept. 30, its revenue rose 3% year over year to 207.2 billion yuan ($29.1 billion), which missedContinue Reading
Kevin Frayer/Getty Images News At the beginning of this week, Alibaba’s (NYSE:BABA) stock experienced one of the greatest declines in its history, as the reelection of Xi Jinping for the third term as the general secretary of CCP along with the election of loyalists into the Politburo Standing Committee disappointedContinue Reading
HANGZHOU, China–(BUSINESS WIRE)–Alibaba Group Holding Limited (NYSE: BABA; HKEX: 9988) today officially kicked off the 14th edition of its 11.11 Global Shopping Festival (“11.11” or “Festival”), featuring more than 290,000 brands. This year, Alibaba will equip merchants with tools and solutions to grow their brand loyalty membership programs and unveilContinue Reading
Alibaba Cloud, the digital technology and intelligence arm of the Alibaba Group has announced its latest international strategic roadmap at the 2022 Alibaba Cloud Summit. During the three-day summit, the cloud provider revealed several new products, an investment of USD1 billion for a global partner ecosystem upgrade, and enhanced customerContinue Reading
Global cloud leader commits to USD1 billion investment to boost ecosystem capabilities while showcasing new products and comprehensive customer support for complete services HANGZHOU, China, Sept. 21, 2022 /PRNewswire/ — Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest international strategic roadmap at the 2022Continue Reading
maybefalse Our view Alibaba Group Holding Limited (NYSE:BABA, BABAF) is one of the most controversial companies when it comes to investor opinion. Many believe it is a great business at a bargain price, whilst others believe the risks mean it is untouchable, even at a significant discount. Putting the risksContinue Reading
HANGZHOU, China–(BUSINESS WIRE)–Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) today announced its financial results for the quarter ended June 30, 2022. “During the past quarter, we actively adapted to changes in the macro environment and remained focused on our long-term strategy by continuing toContinue Reading
