Goldman Sachs has raised Alibaba's (BABA) target price to $103, citing a return to growth in FY2024.
Alibaba's business restructuring has yielded positive results, with its Taobao Tmall Group achieving double-digit GMV growth and a 5% increase in customer management revenue (CMR) in 4FQ24, both exceeding market expectations.
Goldman Sachs also highlighted the company's shareholder return policies and the upcoming completion of i...
Alibaba's business restructuring has yielded positive results, with its Taobao Tmall Group achieving double-digit GMV growth and a 5% increase in customer management revenue (CMR) in 4FQ24, both exceeding market expectations.
Goldman Sachs also highlighted the company's shareholder return policies and the upcoming completion of i...
BABA expects to finish its conversion to a dual primary listing in Hong Kong by the end of August 2024, following its July 2022 application to HKEX $HKEX(00388.HK$ to upgrade from a secondary listing. The company will announce the exact date separately.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $China Concept Stocks(LIST2517.US$ $Hang Seng TECH Index(800700.HK$
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $China Concept Stocks(LIST2517.US$ $Hang Seng TECH Index(800700.HK$
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AliExpress, a subsidiary of $Alibaba(BABA.US$ , entered into a cooperation agreement with 4 South Korean logistics companies, including CJ Logistics and Hanjin. The above logistics companies will provide delivery tasks within South Korea for the next year.
The cooperation between AliExpress and South Korean logistics companies aims to improve logistics efficiency and service quality, so as to m...
The cooperation between AliExpress and South Korean logistics companies aims to improve logistics efficiency and service quality, so as to m...
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• Revenue +7% Y/Y to $30.7B ($0.3B beat).
• Operating margin 7% (-1pp Y/Y).
• Free cash flow margin 7% (-9pp Y/Y).
• Non-GAAP EPADS of $1.40 ($0.02 miss).
• One-time dividend of $0.66/ADS.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $China Concept Stocks(LIST2517.US$ $Hang Seng TECH Index(800700.HK$
• Operating margin 7% (-1pp Y/Y).
• Free cash flow margin 7% (-9pp Y/Y).
• Non-GAAP EPADS of $1.40 ($0.02 miss).
• One-time dividend of $0.66/ADS.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $China Concept Stocks(LIST2517.US$ $Hang Seng TECH Index(800700.HK$
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Among the stocks with rating at Buy, Goldman Sachs was optimistic about $NEW ORIENTAL-S(09901.HK$ in the education sector. Goldman Sachs also preferred $TENCENT(00700.HK$ and $NTES-S(09999.HK$ over other smaller players in the game sector. Among e-commerce ads stocks, Goldman Sachs liked $KUAISHOU-W(01024.HK$ , while $BABA-SW(09988.HK$ is preferred over $PDD Holdings(PDD.US$ .
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $Hang Seng TECH Index(800700.HK$
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $Hang Seng TECH Index(800700.HK$
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The share prices in Chinese Internet sector surged by a total of 15% YTD, Goldman Sachs released a research report saying. With $TENCENT(00700.HK$ and $BABA-SW(09988.HK$ set to release results tonight, Goldman Sachs focused on a number of key figures from the results of the two companies mentioned above.
Goldman Sachs believed that the market's focus ...
Goldman Sachs believed that the market's focus ...
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Alibaba's Taobao division has disclosed that the Vision Pro version of the Taobao App will offer full transaction capabilities, enabling users to view 1:1 product details.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $PDD Holdings(PDD.US$ $JD-SW(09618.HK$
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $PDD Holdings(PDD.US$ $JD-SW(09618.HK$
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Douglas Feagin, senior vice president of Ant Group, hoped to accelerate global expansion through Alipay+ cross-border payment, and believed that Alipay+ has huge opportunities for expansion, Feagin said.
As the Company already has relatively extensive coverage in Asia, it is looking to expand into markets such as the Middle East, Latin America and Europe, Feagin added.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $Ant Group Related(LIST1287.HK$ $Ant Financial Concept(LIST0362.SH$
As the Company already has relatively extensive coverage in Asia, it is looking to expand into markets such as the Middle East, Latin America and Europe, Feagin added.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $Ant Group Related(LIST1287.HK$ $Ant Financial Concept(LIST0362.SH$
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Taobao and $JD-SW(09618.HK$, two major e-commerce platforms, have canceled their 618 pre-sales, according to earlier rumors.
BABA's Taobao Tmall Group announced at a business conference that the rules for the 2024 618 Shopping Festival promotion have been adjusted. This includes the cancellation of pre-sale and a direct sale on May 20 at 8 pm, with a full-price guarantee.
Additionally, Taobao's website will be reopened. Previously...
BABA's Taobao Tmall Group announced at a business conference that the rules for the 2024 618 Shopping Festival promotion have been adjusted. This includes the cancellation of pre-sale and a direct sale on May 20 at 8 pm, with a full-price guarantee.
Additionally, Taobao's website will be reopened. Previously...
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Fliggy, a subsidiary of $BABA-SW(09988.HK$ , announced today (26 Apr) that it has cooperated with Heytea and the China Tea Marketing Association to launch a Tea-themed Tour.
The Tour's destination would be Anxi, Fujian, and include tea plantation visits, tea plucking and tea-making experiences, and new tea tasting. This is the first time that a new tea beverage brand and a travel platform have collaborated on a tour product.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $Hang Seng TECH Index(800700.HK$ $China Concept Stocks(LIST2517.US$
The Tour's destination would be Anxi, Fujian, and include tea plantation visits, tea plucking and tea-making experiences, and new tea tasting. This is the first time that a new tea beverage brand and a travel platform have collaborated on a tour product.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $Hang Seng TECH Index(800700.HK$ $China Concept Stocks(LIST2517.US$
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