BABA Inside-Out Bubble Triggers Bounce Back
Alibaba Group Holding Ltd (NYSE: BABA) stock has been on a rollercoaster, to say the least. As 2020 turned out to be a year of e-commerce stocks, the Chinese tech…
Alibaba Stock Price: More Pain Ahead After Earnings but Recovery Likely
The Alibaba stock price sank by more than 6% in New York after the company recorded its first loss as a public company. The meltdown continued in Hong Kong, where…
Alibaba Revenues Rose 37% in Q4. Updates on Ant Investigation
Alibaba reported revenue of $33.9 billion in the fourth quarter, up from the expected $32.5 billion, according to the company’s press release. Non-GAAP diluted earnings per share was $3.38, up…
Alibaba Offers Discounts Galore in China’s First Post-Covid Singles’ Day Launch
Alibaba Group Holding Ltd kicked off its annual Single's Day mega-shopping event on Wednesday, as the company seeks to cash on discount seeking consumers in the post-pandemic period, according to…
Fitch Affirms Alibaba Rating at A+ again. Here are the key reasons
Fitch Ratings affirmed Long-Term Foreign-Currency Issuer Default Rating (IDR) and senior unsecured rating “A+," affirming the Chinese-based e-commerce giant stable outlook, according to FitchRatings. Rating underscore’s Alibaba’s strong business…