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Tag Archives: Alibaba

Attempts to restrict Huawei in the US should not affect Alibaba, Tencent

President Donald Trump speaks on May 15, 2019, at the 38th National Peace Officers Memorial Service on Capitol Hill, Washington. Carlos Barria | Reuters Chinese Internet giants such as Alibaba and Tencent are unlikely to be attacked in the same way as telecommunications giant Huawei, given the escalating trade tensions between Beijing and Washington, an analyst told CNBC on Thursday. …

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Alibaba outperforms fourth-quarter earnings estimates, cloud revenue rises to over $ 1 billion

Alibaba Holding Co. (BABA – Get Report) posted stronger-than-expected fourth-quarter results on Wednesday as consumer growth in its online market increased and its collaboration with Starbucks (SBUX – Get Report), the Alibaba announced that diluted non-GAAP earnings for the three months ended March, the company's fourth fiscal quarter, were $ 1.27 per share, an increase of 39.5 % over the …

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Alibaba Is A Pone Stock – Alibaba Group Holding Limited (NYSE: BABA)

Alibaba (BABA) is well positioned to take advantage of secular growth trends in the Chinese market. The company is attractively valued the future economics of the business. Alibaba operates as a near monopoly which has established an "ecosystem" retailing platform, namely the Taobao Marketplace China's largest online consumer-to-consumer shopping site; Tmall China's largest third-party business-to-consumer platform for branded goods; and …

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How Alibaba Earns Money – The Motley Fool

Alibaba (NYSE: BABA) 10-quarter series with sales growth of over 50% finally ended last quarter. Nevertheless, the Chinese e-commerce giant managed to achieve year-on-year sales growth of 41% – an impressive achievement. The company's top line benefits from a number of growing businesses, including e-commerce platforms, physical stores, and even a movie ticket platform. But only three of Alibaba's businesses …

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Alibaba shares rise despite 2018 record highs of $ 41 billion

But the company finally posted a record in 2018, which satisfied the market. Over 278.8 billion yuan ($ 41.6 billion) was spent last year on product development, sales and marketing, general administration, and cost of sales. This represents an increase of 86.2 percent in the renminbi compared to 2017, when the company emitted 149.7 billion yuan. "Ali appears to be …

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Alibaba Profit: China's weakening effect on spending on electronic commerce is a key factor

Given the uncertainty of investors regarding the economic situation in China and the impact of trading volatility, Alibaba Group Holding Ltd. on Wednesday give their opinion on the country's consumer spending. Chinese e-commerce giant is expected to release third-quarter results ahead of Wednesday's market opening. The company's holiday season results will show whether it has suffered from a general slowdown …

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Alibaba Group Acquires Majority Interest in Alibaba Pictures, a loss-making film company, for $ 160 million – TechCrunch

Alibaba Group announced today that it will increase its stake in Alibaba Pictures from 49% to 50.92%, becoming the controlling shareholder of the loss-making film production company. Under the terms of the agreement, Alibaba Pictures will issue one billion new shares to Alibaba Group at HKD 1.25 billion (HK $ 1.25 billion). The announcement of Alibaba Group's new stock purchases …

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Alibaba: Youku arrested in China

Yang Weidong is now under investigation with the US Securities and Exchange Commission on Tuesday. "Alibaba Group is committed to the highest standards of business conduct, "the statement said. The Alibaba statement did not provide any details on what Yang, who was arrested Monday, is alleged to have done. An Alibaba spokeswoman declined to comment on the company's SEC filing. …

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Alibaba had another great singles day. The party can not be permanent.

The company's methods to increase excitement have been put to the test. Two years ago, Alibaba said that the US Securities and Exchange Commission is looking into the way it reports Singles Day sales. The company's preferred metric, the gross value of goods, is intended to represent the amount of money that changes hands on its platforms. However, there is …

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