Alibaba


Alibaba Plans $1B Cloud Investment in Asia Pacific

Alibaba (BABA), through its cloud computing unit, Alibaba Cloud, plans to invest $1 billion across the Asia Pacific region over the next three …

Alibaba Set To Raise Up To $8B From Debt Sale – Report

Alibaba is planning to raise as much as $8 billion by selling US dollar-denominated bonds as early as next week, according to reports …

Alibaba-Backed XPeng Records 229% Rally In EV Deliveries; Stock Up 8%

XPeng Motors delivered a total of 3,040 of its smart electrical vehicles (EVs) in October, a whopping 229% increase year-over-year. Shares are up more …

Ant Group Sets Hong Kong List Price For Blockbuster IPO- Report

Ant Group has set the price for the Hong Kong part of its initial public offering at HK$80 a share (US$10.32), implying it …

Alibaba Teams Up With BMW For Digital Shift

Alibaba has signed an agreement for a strategic partnership with BMW in Beijing to help drive digital transformations across businesses in China. According …

Alibaba Strikes $3.6B Deal For China’s Hypermarket Sun Art

Alibaba Group will invest about $3.6 billion to ramp up its stake in hypermarket operator Sun Art Retail to 72% in a bid …

Alibaba To Take Dufry Stake, As Part Of Online Travel Venture

Alibaba has snatched a deal to buy a stake of up to 9.99% in Dufry as part of a travel online joint venture …

Alibaba In Talks To Become Top Holder In Chinese Courier YTO – Report

Alibaba is reportedly in talks with YTO Express’ founders to lift its stake in the Chinese courier company in a move to become …

Truist Securities Lifts Alibaba’s PT Ahead Of 1Q Results This Week

Truist Securities increased Alibaba’s price target to $242 (5.8% downside potential) from $240 and reiterated a Buy rating ahead of the online retailer’s …

Is Alibaba Stock a Buy Right Now? This Is What You Need To Know

Not to be outdone by its other mega-cap brethren, shares of Chinese internet giant Alibaba (BABA) reached an all-time high on July 9, …

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