Alibaba Group Holding Limited (9988.HK)
| Previous close | 103.200 |
| Open | 103.500 |
| Bid | 104.700 x N/A |
| Ask | 104.800 x N/A |
| Day's range | 103.500 - 106.700 |
| 52-week range | 60.250 - 124.000 |
| Volume | |
| Avg. volume | 72,752,990 |
| Market cap | 2.22T |
| Beta (5Y monthly) | 0.61 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 138.08 |
- 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.
