9988.HK - Alibaba Group Holding Limited
| Previous close | 77.900 |
| Open | 77.050 |
| Bid | 78.800 x N/A |
| Ask | 78.850 x N/A |
| Day's range | 77.050 - 79.700 |
| 52-week range | 60.250 - 122.000 |
| Volume | |
| Avg. volume | 54,391,217 |
| Market cap | 1.617T |
| Beta (5Y monthly) | 0.65 |
| PE ratio (TTM) | 20.71 |
| EPS (TTM) | 3.810 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 136.09 |
BloombergAlibaba to Build ChatGPT-Like AI Into Meeting, Messaging Apps
(Bloomberg) -- Alibaba Group Holding Ltd. is integrating its most advanced artificial intelligence system into its Slack-like DingTalk messaging app and a meeting assistant named Tingwu.The large language model (LLM) developed by Alibaba Cloud, dubbed Tongyi Qianwen, is now powering interactions with a new version of the assistant, Tongyi Tingwu. It helps by analyzing audio and video files and generating text summaries, and is now open to the public to try. That bot will also be integrated into
Motley FoolBest Stock to Buy: Alibaba vs. JD.com
Fool.com contributor and finance professor Parkev Tatevosian compares Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) to determine which is the better buy for long-term investors. *Stock prices used were the afternoon prices of May 28, 2023.
Motley FoolIs It Too Late to Buy Pinduoduo (PDD) Stock?
Pinduoduo's (NASDAQ: PDD) stock surged 19% on May 26 after the Chinese e-commerce company posted its first-quarter report. Pinduoduo is still clearly growing much faster than its two closest e-commerce competitors, Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD). Pinduoduo was founded in 2015, and it quickly gained ground against Alibaba and JD by selling discount products across China's lower-tier cities.
BloombergThird Point, Moore Led Hedge Funds Buying Alibaba Last Quarter
(Bloomberg) -- As famed money manager Michael Burry made headlines boosting bullish bets on stocks including Alibaba Group Holding Ltd. in the first quarter of this year, other top hedge funds were also piling in. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesMoscow Hit by Biggest Drone Attack as Russia Blames UkraineTaiwan Rushes to Prevent China From Cutting Internet, PhonesWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184
Motley FoolIs Pinduoduo Coming After Alibaba's Lunch?
In this video, I will go over Pinduoduo's (NASDAQ: PDD) recent earnings report and what this means for Alibaba going forward. *Stock prices used were from the trading day of May 26, 2023. The video was published on May 28, 2023.
Motley Fool2 Ways Alibaba Stock Could Create Enormous Value for Investors
Alibaba's (NYSE: BABA) stock has had a tough time in the last two years as the company faced declining growth and increasing competition. Alibaba recently announced a variety of steps to enhance shareholder value. Two strategic moves in particular could create significant value for investors.
Motley FoolWhat's Going on With Alibaba Stock?
Alibaba is sometimes called the Amazon of China because the two companies have similar business models.
Motley FoolAlibaba Stock: Bear vs. Bull
It has been a wild few years for Alibaba (NYSE: BABA). More recently, the company announced results for the fiscal 2023 fourth quarter (ended March 31) that missed analyst estimates for sales, but beat on earnings per share. In the fourth quarter of 2023, 74% of Alibaba's total revenue came from the China and International Commerce groups.
Motley Fool3 Ways Alibaba Is Capitalizing on the Reopening of China
Alibaba (NYSE: BABA) captures a meaningful part of its revenue and operating income from consumer activity in China. Fool.com contributor and finance professor Parkev Tatevosian discusses how Alibaba plans to benefit from the Chinese economic reopening.
Motley FoolWhy Is Everyone Talking About Alibaba Stock?
Fool.com contributor and finance professor Parkev Tatevosian discusses the big news from Alibaba (NYSE: BABA) that has everyone talking about the company. *Stock prices used were the afternoon prices of May 23, 2023.
ReutersAlibaba says to hire this year, refuting layoff rumours
SHANGHAI (Reuters) -Alibaba Group Holding Ltd said on Thursday it planned to hire 15,000 people this year, dismissing rumours circulating on Chinese social media in recent days that the company planned to cut 20% of its workers. In a post on the firm's official Weibo account, Alibaba said that among the 15,000, more than 3,000 people would be newly-graduated students. Alibaba's cloud unit has started a round of downsizing that will impact 7% of the staff as it streamlines its business in preparation for an IPO, a source familiar with the matter said on Tuesday.
BloombergXi Remade China's Tech Industry in His Own Image With Crackdown
(Bloomberg) -- Chinese leader Xi Jinping has used policy, capital and outright decree to mold the world's No. 2 economy in his own image. After over a decade in power, an intensifying struggle for tech leadership with the US and a sputtering domestic economy suggest he'll have to once again recalibrate the country's giant internet and manufacturing sectors.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustYields Slide on Fedspeak; Banks Weigh on Stocks: Markets
BloombergChina’s Netflix Revives HK Listing Plan After Curbing Losses
(Bloomberg) -- IQiyi Inc. is again exploring a second listing in Hong Kong just as China’s answer to Netflix Inc. looks on track to reverse years of losses.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofDeaths Soar on Everest After Record Number of Climbers Att
ZacksTime for China Tech ETFs Despite Mixed-Bag Earnings?
Despite mixed earnings reports from Chinese tech giants like Baidu, Alibaba and Tencent, analysts remain optimistic about the future of China's tech sector.
ReutersAlibaba unit ordered to pay NetEase $7.2 million over game copyright
HONG KONG (Reuters) -A Chinese court has ordered an Alibaba Group unit that developed the hit mobile game "Three Kingdoms Tactics" to pay NetEase Inc 50 million yuan ($7.2 million) in compensation over copyright infringement, according to a statement from NetEase. "Three Kingdoms Tactics" is Alibaba's most profitable game, earning more than $1.97 billion from player spending since launching in 2019, according to data firm App Magic.
BloombergAlibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
(Bloomberg) -- Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff by about 7%, part of an overhaul aimed at preparing the once fast-growing unit for a spinoff and eventual IPO.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksXi Upends the Secretive World of $10,000-an-Hour China ExpertsWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutLuxury Stocks Lose $30 Billion in One Day on Demand FearsWorld’s Bigges
Motley FoolWhy Alibaba Stock Ticked Lower Today
Shares of Chinese e-commerce giant Alibaba (NYSE: BABA) dipped in morning trading on the NYSE Tuesday and remain down 2.4% as of 12:45 p.m. ET on news that the company's cloud computing business is laying off workers. Bloomberg broke the story today, reporting that Alibaba will lay off 7% of the employees at its cloud computing division before spinning this division off and IPO'ing it. Alibaba Cloud is the company's second-biggest division by revenues (after e-commerce, of course), but after strong growth for years, its sales declined 5% last year -- and Cloud still isn't profitable for Alibaba.
ReutersAlibaba's cloud unit to cut 7% of staff in overhaul - source
Alibaba did not immediately respond to a Reuters request for comment. Earlier this month, the Chinese tech giant laid out listing and fund-raising plans for four of its business units, including its logistics unit Cainiao. As part of the plans, China's largest cloud service is slated to be listed next year.
- Investing.com
Lowe's, AutoZone, Alibaba fall premarket; Yelp, Dick's Sporting Goods rise
Investing.com -- Stocks in focus in premarket trade on Tuesday, May 23rd. Please refresh for updates.
Motley FoolShould You Buy Alibaba Stock Right Now?
Alibaba (NYSE: BABA) reported quarterly financial results that have huge implications for investors. Fool.com contributor and finance professor Parkev Tatevosian updates his recommendation on Alibaba stock.
Motley FoolWhy Shares of Alibaba, PDD, and Zai Lab Are Rising Today
Several Chinese stocks rose today after positive sentiment from Wall Street and recent comments made by President Biden.
ZacksAlibaba Group Holding Limited (BABA) is Attracting Investor Attention: Here is What You Should Know
Alibaba (BABA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- Investing.com
This week in tech: Netflix wows with big subscriber numbers; OpenAI CEO 'nervous'
By Louis Juricic and Sarina Isaacs
Motley FoolIs Alibaba Stock a Buy Now?
Alibaba's (NYSE: BABA) stock dropped 5% after it posted its latest earnings report on May 18. For the full year, Alibaba's revenue and adjusted earnings per ADS grew 2% and 4%, respectively. Should investors buy Alibaba's stock, which has plummeted more than 70% from its all-time high in October 2020, as a value play on China's COVID-19 recovery?
ZacksAlibaba (BABA) Q4 Earnings Beat Estimates, Revenues Rise Y/Y
Alibaba's (BABA) fourth-quarter fiscal 2023 results reflect strength across the International commerce segment, local consumer services and Cainiao logistics businesses.
