BABA


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-Backed XPeng Posts Record EV Deliveries; UBS Sees 37% Upside

XPeng Motors delivered a record 3,478 of its smart electric vehicles (EVs) in September 2020, representing a surge of 145% year-on-year. XPeng (XPEV) …

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 …

Alibaba Beats Quarterly Sales Estimates As Commerce, Cloud Businesses Grow

Alibaba topped quarterly sales estimates driven by “robust” revenue growth in the Chinese e-commerce giant’s commerce retail and cloud computing businesses . Alibaba …

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 …

Alibaba’s Ant Group Starts Filing Process For Blockbuster China IPO

Alibaba’s fintech arm Ant Group has started the process to dual list in Shanghai and Hong Kong. The group, China’s biggest mobile payments …

Starbucks Expands China Order Services To Four Alibaba Apps

Starbucks Corp. (SBUX) is expanding its reach to customers across the Chinese mainland by introducing its mobile order and pay feature on four …

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, …

Alibaba Co-Founder Jack Ma Reduces Stake To 4.8%

Alibaba Group Holding Ltd.’s (BABA) co-founder Jack Ma has reduced his stake in the Chinese e-commerce giant to 4.

Alibaba’s CEO Sets Out Ambitious Goals; Sees 2B Customers By 2036

In his first letter to shareholders, Alibaba’s (BABA) CEO Daniel Zhang has set out a series of ambitious goals for the Chinese e-commerce …

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