BABA Jan 2020 235.000 put
| Previous close | 31.95 |
| Open | 31.95 |
| Bid | 29.75 |
| Ask | 30.60 |
| Strike | 235.00 |
| Expiry date | 2020-01-17 |
| Day's range | 31.95 - 31.95 |
| Contract range | N/A |
| Volume | 1 |
| Open interest | 5 |
- Zacks
Holiday Retail Sales Could Be Losing Their Spirit
Have US shoppers lost their holiday cheer or is something else to blame?
- Zacks
The Zacks Analyst Blog Highlights: Alibaba, Beyond Meat, Cortexyme, Revolve and Uber
The Zacks Analyst Blog Highlights: Alibaba, Beyond Meat, Cortexyme, Revolve and Uber
- Zacks
The Zacks Analyst Blog Highlights: Alibaba, Disney, Morgan Stanley, Enbridge and Honda
The Zacks Analyst Blog Highlights: Alibaba, Disney, Morgan Stanley, Enbridge and Honda
- Zacks
Amazon Boosts Presence in Brazil With E-commerce Intiatives
Amazon (AMZN) gears up to open its second distribution center in Brazil in a bid to speed up deliveries.
- Yahoo Finance
Top Amazon executives travel to China to lure sellers in an annual summit
Amazon still has a booming business in China.
- Zacks
Top Analyst Reports for Alibaba, Disney & Morgan Stanley
Top Analyst Reports for Alibaba, Disney & Morgan Stanley
- Bloomberg
Saudi Aramco Set to Pay Banks Only $64 Million for Record IPO
(Bloomberg) -- Saudi Aramco is poised to pay a combined $64 million to the banks that arranged the world’s largest initial public offering, a letdown for the Wall Street firms that pitched aggressively for a spot on the deal, people with knowledge of the matter said.The Gulf oil giant plans to pay the top local banks on the deal -- known as joint global coordinators -- 39 million riyals ($10.4 million) apiece, according to the people. The top foreign banks on the deal are set to each get 13 million riyals, or the equivalent of $3.5 million, the people said, asking not to be identified because the information is private.The figures represent the base fee being paid by Aramco, which will decide the amount of discretionary incentive fees at a later date, the people said. If Aramco opts to dole out additional money, most of it would likely go to the domestic banks that brought in the bulk of the IPO orders.Aramco raised $25.6 billion in its share sale, which became a local affair after foreign fund managers shunned its premium valuation. The base fee, representing 0.25% of the funds raised, pales in comparison to other large deals.IPO banks globally earned average fees equal to 4.1% of the deal size this year, up from 3.6% last year, according to data compiled by Bloomberg. Chinese internet giant Alibaba Group Holding Ltd., which raised $25 billion in its 2014 IPO, paid about $300 million to its underwriters including performance fees.Saudi Arabia didn’t need the Wall Street firms’ international networks after it scrapped roadshows outside the Middle East, turning instead to local retail buyers and wealthy families to shore up the deal. The foreign underwriters on the deal will barely make enough to cover their costs, Bloomberg News has reported.Aramco will pay local banks serving as bookrunners, a more junior role, about 5 million riyals each while foreign banks in that position will be paid about 2 million riyals apiece, the people said. The company declined to comment.(Updates with details of fee breakdown in third paragraph.)\--With assistance from Dinesh Nair.To contact the reporters on this story: Sarah Algethami in Riyadh at salgethami@bloomberg.net;Matthew Martin in Dubai at mmartin128@bloomberg.net;Archana Narayanan in Dubai at anarayanan16@bloomberg.netTo contact the editors responsible for this story: Ben Scent at bscent@bloomberg.net, ;Stefania Bianchi at sbianchi10@bloomberg.net, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
APAC Smart Speaker Boom Highlights AMZN, BABA, GOOGL & Others
Smart speaker market in Asia-pacific (APAC) region is gaining steam on the back of growing efforts by Amazon (AMZN), Google, Alibaba, Baidu and Apple.
- Zacks
5 Hottest IPOs of 2019
2019 was one of the busiest years for IPOs, and the calendar was packed with big tech unicorns and popular consumer brands. Here are some of the hottest market debuts we saw this year.
- Zacks
November CPI +0.3%, Core +0.2%; Plus Fed News
An inflation rate of 2.1% will send no one running for the hills; we might even look at these figures as somewhat "Goldilocks" \-- not too hot, not too cold.
- Bloomberg
SoftBank May Sell Alibaba Stock to Fund Buyback, Jefferies Says
(Bloomberg) -- The slump in SoftBank Group Corp.’s shares could prompt Masayoshi Son to play an ace card -- cashing in part of his stake in Alibaba Group Holding Ltd.Son is likely to sell Alibaba stock to help pay for another buyback in an attempt to bolster SoftBank shares, according to Jefferies Group analyst Atul Goyal. It’s a surprise the Japanese technology giant’s shares are “languishing” despite its large stake in Alibaba, Goyal wrote in a note. The shares have become “decoupled,” and SoftBank is seeing little upside from its holding, he said. SoftBank’s stock is up 16% this year, while Alibaba’s has surged 45%. SoftBank’s market cap is about $82 billion, though its Alibaba shares alone are worth about $128 billion.SoftBank’s February announcement of a record 600 billion yen ($5.5 billion) buyback sent its shares to a peak in April, but the stock has since lost most of the gains. Investors have been spooked by the one-two punch of Uber Technologies Inc.’s plunge after an initial public offering in June and WeWork’s meltdown that forced a bailout by SoftBank. The poor performance of Son’s two marquee investments called into question the billionaire founder’s deal-making approach just as he’s trying to raise a successor to his $100 billion Vision Fund.As the current stock price is “well below” the average price paid in the stock repurchase earlier this year, “we will not be surprised if SoftBank Group funds yet another buyback, perhaps in February 2020, by selling some more stake in Alibaba,” Goyal said.SoftBank’s sale of part of its stake in the Chinese e-commerce giant earlier this year and using Alibaba shares as collateral for a loan indicate Son’s willingness for such a move, Goyal said. In addition to buybacks, proceeds could be used for investment in the second Vision Fund, the analyst said.Responding to criticism about his reluctance to exit successful investments, Son in June 2016 unveiled a plan to sell 73 million American Depositary Shares in the online mall operator. The complex transaction, structured so that he could retain some upside if the stock rose, took three years to complete. SoftBank booked 1.2 trillion yen in pre-tax profit from the deal and still holds about 26% of Alibaba.To contact the reporters on this story: Kurt Schussler in Tokyo at kschussler1@bloomberg.net;Pavel Alpeyev in Tokyo at palpeyev@bloomberg.netTo contact the editors responsible for this story: Lianting Tu at ltu4@bloomberg.net, ;Edwin Chan at echan273@bloomberg.net, Peter Elstrom, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
The Zacks Analyst Blog Highlights: Tesla, Baidu, Lyft, Alibaba and Intel
The Zacks Analyst Blog Highlights: Tesla, Baidu, Lyft, Alibaba and Intel
- Zacks
The Zacks Analyst Blog Highlights: Alibaba, Microsoft, Apple, ExxonMobil and Royal Dutch Shell
The Zacks Analyst Blog Highlights: Alibaba, Microsoft, Apple, ExxonMobil and Royal Dutch Shell
- Zacks
U.S. Shale Producers to Gain as OPEC+ Deepens Output Cuts
The recent production cut of 500,000 BPD from the OPEC+ group is set to result in total output cut of 1.7 million BPD, which represents 1.7% of global demand.
- Zacks
Alibaba Expands Content Offering With Manchester United Deal
Alibaba Group Holding (BABA) is leaving no stone unturned to fortify presence in the digital media industry and expand content offerings on Youku.
- Zacks
Amazon's Cloud Clientele Expands as BP Migrates Data to AWS
BP goes all-in on AWS, which highlights the efficiency and reliability of Amazon's (AMZN) cloud services offerings.
- Zacks
The Zacks Analyst Blog Highlights: Amazon, Microsoft, eBay, Alibaba and JD.com
The Zacks Analyst Blog Highlights: Amazon, Microsoft, eBay, Alibaba and JD.com
- Zacks
Autonomous Vehicles Aim New Highs With Driverless Tests
Alibaba (BABA)-backed AutoX applies for testing its self-driving vehicles, without in-car driver backup, thereby stirring competition in the autonomous-vehicle tech space.
- Sky News
Manchester United sign deal with Alibaba in China
Manchester United have signed a partnership deal with Alibaba - the Chinese e-commerce company. Under the arrangement, aimed at raising the Premier League side's profile in the world's second-largest economy, Alibaba will provide club content on its online video platform Youku.com. The deal will also lead to the creation of a Manchester United store on Alibaba's business-to-consumer platform Tmall.com, the club said.
- Yahoo Finance
These 10 stories will drive investing for the next decade
Peak globalization is one of 10 investing themes Bank of America-Merrill Lynch has highlighted for the next decade. Shifting demographics and automation are two other stories with investment implications.
- Reuters - UK Focus
UPDATE 2-Soccer-Manchester United sign new partnership deal with Alibaba
Premier League soccer club Manchester United have agreed a partnership with e-commerce giant Alibaba in an effort to extend the club's engagement with fans in China. The deal will see Alibaba provide club content on its online video platform Youku and develop a future club store on the company's business-to-consumer platform Tmall.com. The deal is the latest move by United to engage with the Chinese market following the launch of a Chinese language app and plans for "experience centres" across the country.
- Business Wire
Manchester United and Alibaba Group Announce New Partnership
Manchester United (NYSE: MANU) – one of the most popular and successful sports teams in the world - today announced a new partnership with Alibaba Group (NYSE: BABA and HKEX: 9988) that will bring exclusive rights to club content in China to Alibaba’s ecosystem for the first time, further extending the club’s engagement with its massive Chinese fanbase.
- Bloomberg
Video-Conference App Zoom Is a Rare Winner in Hong Kong Protests
(Bloomberg) -- As protests jolt Hong Kong business, organizations from Alibaba Group Holding Ltd. to universities are adapting by going digital, switching to video-conferencing app Zoom to conduct online investor briefings and virtual lectures.Zoom Video Communications Inc. joins a number of internet services that have taken off since the unrest began over the summer, from mobile messenger Telegram to work-at-home apps. In a financial hub that thrives on face-to-face deal-making and power lunches, Zoom helps fill a void created by transport disruptions and concerns about personal safety.Hong Kong’s business community leans on the app’s features, which include slide-sharing and support for up to 1,000 call participants, to carry on cross-border communications and with mainland China, where WhatsApp, Telegram and Google alternatives are banned. There’s a local version of Zoom that’s compatible, which is why the app’s downloads in Hong Kong soared 460% in November, after an escalation in protest violence first triggered a spike in September, according to researcher Sensor Tower.Read more: Zoom’s Eric Yuan, the CEO Who Made Videoconferencing Bearable“As schools continue to be in lock-down mode, we’ve had to move our lectures online to minimize disruption,” said Cheung Siu Wai, a professor at Hong Kong Baptist University, adding Skype has been another option.Now valued at $19 billion, Zoom’s shares have almost doubled since listing on the Nasdaq this year. It’s unclear how the spike in downloads may translate into revenue growth for Zoom, founded by Chinese emigrant Eric Yuan, who now resides in California.The company has various pricing tiers and recently added HSBC to a roster of paying clients that includes Uber Technologies Inc. and Zendesk Inc., underpinning 85% growth in revenue to $167 million in the October quarter. Representatives for the company, which is backed by investors including Salesforce.com Inc., Tiger Global and Qualcomm Inc., declined to comment on how the Hong Kong protests have affected its business.”With the periodic traffic disruptions, our colleagues have no choice but to use video-conferencing apps,” said Derek Chan, co-founder of Master Concept, a Hong Kong-based cloud service provider.To contact the reporters on this story: Carol Zhong in Hong Kong at yzhong71@bloomberg.net;Lulu Yilun Chen in Hong Kong at ychen447@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
