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Alibaba Group Holding Limited (9988.HK)

HKSE - HKSE Delayed price. Currency in HKD
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104.800+1.600 (+1.55%)
At close: 04:08PM HKT
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Previous close103.200
Bid104.700 x N/A
Ask104.800 x N/A
Day's range103.500 - 106.700
52-week range60.250 - 124.000
Avg. volume72,752,990
Market cap2.22T
Beta (5Y monthly)0.61
PE ratio (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est138.08
  • Reuters

    Alibaba-backed Pakistani e-commerce platform Daraz cuts workforce by 11%

    KARACHI, PAKISTAN (Reuters) -Alibaba-owned e-commerce platform Daraz Group is reducing its workforce by 11% to prepare for the 'current market reality', Chief Executive Officer Bjarke Mikkelsen said. In a letter to its employees on Monday and shared on the company's website, Mikkelsen cited a difficult market environment, with a war in Europe, huge supply chain disruptions, soaring inflation, increasing taxes, and removal of essential government subsidies in its markets. The group operates in Pakistan, Bangladesh, Sri Lanka and Nepal.

  • Bloomberg

    Alibaba’s Daraz Fires 11% of Staff as Layoffs Rock Startups

    (Bloomberg) -- Alibaba Group Holding Ltd.’s Daraz Group is cutting 11% of jobs to weather a slump in online commerce, joining a growing roster of tech names retrenching to weather a global downturn.Most Read from BloombergQuake Toll Hits 4,000 in Turkey, Syria as Overseas Aid FlowsTurkey’s South Hit by a Second High-Magnitude EarthquakeDell to Cut About 6,650 Jobs, Battered by Plunging PC SalesUS Moves to Recover Chinese Balloon While Weighing RetaliationChina Moves From Contrite to Confrontatio

  • Zacks

    Alibaba (BABA) Dips More Than Broader Markets: What You Should Know

    Alibaba (BABA) closed the most recent trading day at $105.45, moving -0.83% from the previous trading session.