|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||194.72 - 197.78|
|52-week range||121.95 - 206.20|
|PE ratio (TTM)||47.68|
|Earnings date||15 Aug 2018 - 20 Aug 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||219.34|
HONG KONG—Global investors looking to buy stakes in China’s most valuable private technology company are being forced to pick a side in the nation’s biggest business rivalry. , is preparing to close a $10 billion private fundraising round that would value the Hangzhou-based company at $150 billion, according to people familiar with the matter. It also reflects high demand for Ant’s shares: Some investors who wanted to take part were rebuffed because they weren’t offering enough money or had backed Tencent-linked companies, according to people familiar with the matter.
Facebook, Twitter and Akamai forged proper handles with new buy points last week as the stock market dipped. Google-parent Alphabet, Alibaba are working on handles.
Alibaba had its price target raised on the view that the stock is shifting from concern over investment spending to a focus on profit growth.
As Baozun pops on earnings, its fellow Chinese stock and major investor Alibaba is closing in on a potential new buy zone.
As Amazon and Alibaba test new buy zones, see how the two internet giants stack up in terms of market cap, earnings and sales growth and profit margins.
Alibaba Group Holding Ltd. shares are up 0.6% in premarket trading Friday after MKM Partners analyst Rob Sanderson raised his price target on the stock to $280 from $260. "We feel the narrative on ...
Baidu (BIDU) is selling a majority stake in its financial services unit as it seeks to raise funds to bolster its competition in China’s digital financial services market. Alibaba (BABA) and Tencent (TCEHY) are currently the leading providers of digital financial services in China, with iResearch China estimating that Alibaba’s Alipay commands ~54% of China’s mobile payment market.
The company's $16 billion bid for a majority stake in the leading Indian e-commerce company is paving the way for a decades-long future.
China-based Baozun surged Thursday after reporting first-quarter earnings that topped the consensus estimates.
Whether you're into artificial intelligence, Big Data, Bitcoin or blockchain, two new fund offerings can help satisfy your tech-stock craving.
Amazon (AMZN) had expressed interest in acquiring Flipkart to try to keep Walmart (WMT) away from India’s fast-growing online retail sector, according to media reports. Alphabet’s (GOOGL) Google may join Walmart’s investment in Flipkart.
Tencent Holdings gave China ETFs a boost Wednesday after the Chinese internet leader delivered a quarterly earnings and sales beat.
Amazon.com Inc. is bringing its competition with Alibaba right to the Chinese e-commerce giant’s backyard. In the coming weeks, Amazon will host an event in the city of Hangzhou -- Alibaba’s hometown -- to connect online merchants with 400 Chinese manufacturers keen to sell electronics, car parts, home goods and more directly to American and European consumers. Amazon experts will provide insights into buying trends so merchants can stock up for the 2018 holiday season, according to an invitation reviewed by Bloomberg.
Amazon (AMZN) has been making a push into the digital ad business over the last few quarters. While Alphabet’s (GOOG) Google and Facebook (FB) still dominate US digital dollars and Amazon still has a negligible market share, the latter is expected to see its share increase over the next few years. According to Bloomberg, Amazon has stopped buying a popular type of Google ads, product-listing ads, pointing to the e-commerce behemoth’s growing ambitions in the digital ad business.
By amassing stakes in hundreds of companies, internet giant Tencent Holdings Ltd. of China has quietly become one of the world’s largest and most active technology investors, a calculated strategy that is crowding out rivals and bolstering its profits. In 2017 alone, Tencent invested in more than 80 private and public companies, participating in far more deals than its main rival Alibaba Group Holding Ltd., which took part in about 40, data from Bernstein Research shows. Tencent over the past year has emerged as one of the world’s most valuable tech giants with a market capitalization of nearly half a trillion dollars after its shares nearly doubled, making the Hong Kong-listed company worth nearly as much as Facebook Inc. and Alibaba.
Walmart (WMT) took its competition with Amazon (AMZN) to a whole new level earlier this month, forking out $16 billion to buy the majority stake in India’s e-commerce giant Flipkart. Amazon had budgeted around $5.0 billion to grow its business in India as it looks to drive more growth in its international division and make the division profitable. Beyond e-commerce, Amazon is also aiming to grow its cloud computing and entertainment businesses in India.
May 16 (Reuters) - Alibaba Health Information Technology Ltd : * FY REVENUE RMB 2.44 BILLION VERSUS RMB 475.1 MILLION * FY LOSS ATTRIBUTABLE RMB 107 MILLION VERSUS LOSS RMB 207.6 MILLION Source text for ...
May.16 -- Frost & Sullivan Vice President of Information and Communication Technology, Asia-Pacific, Ajay Sunder weighs in on Tencent's record quarterly profit. Bloomberg's Stephen Engle also speaks on "Bloomberg Markets."