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The Latest Breaking News from Alibaba Group Holding Limited

Alibaba, Tencent To Post Lack-Luster Quarterly Results As Domestic Regulatory Crackdown Takes A Toll

Fastest growing companies like Alibaba Group Holding Limited (NYSE: BABA) and Tencent Holding Ltd (OTC: TCEHY) are struggling to keep up with even the most staid utilities amid

Here's Why JPMorgan Upgraded Alibaba, Other Chinese Stocks Months After Calling Them 'Uninvestable'

Here's Why JPMorgan Upgraded Alibaba, Other Chinese Stocks Months After Calling Them 'Uninvestable'

JP Morgan Chase & Co (NYSE:JPM) upgraded multiple Chinese internet companies, including Alibaba Group Holding Limited (NYSE: BABA) and Tencent Holding Ltd (OTC: TCEHY), to Overweight, Bloomberg reports. JPM also upgraded shares of Meituan (OTC: MPNGY), NetEase, Inc (NASDAQ: NTES), and Pinduoduo Inc (NASDAQ: PDD). "Significant uncertainties facing the sector should begin to abate on the back of recent regulatory announcements," the firm added. Also Read: Alibaba And…

Alibaba Downsizes Russia Joint Venture Workforce By 40% Amid Geopolitical, Regulatory Uncertainty

Alibaba Downsizes Russia Joint Venture Workforce By 40% Amid Geopolitical, Regulatory Uncertainty

Alibaba Group Holding Limited's (NYSE:BABA) joint venture in Russia has laid off about 40% of employees, Nikkei Asia reports. It was not clear if there would be more layoffs after some of the laid-off staff chose to leave voluntarily and a few relocated, Reuters reports. Alibaba and Russian partners launched AliExpress Russia joint…

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Alibaba Continues Organizational Restructuring, Global Diversification To Beat Regulatory Crackdown Blues

Alibaba Group Holding Limited (NYSE: BABA) continues its restructuring activities as planned and international diversification amid the

CLSA Expects SoftBank To Focus More On Buybacks Than High Growth Stocks Like Alibaba

Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) may, for the first time, spend more on share buybacks than investments through its landmark Vision Fund as the firm goes into "defense" mode, according to CLSA's Oliver Matthew. "I think that the comments yesterday from Masayoshi Son made it very clear we're in defense round…

Alibaba's Ant On Hiring Spree In Singapore As It Faces Regulatory Headwinds In China

The financial technology giant Ant Group — an affiliate company of the Chinese Alibaba Group Holding Limited (NYSE: BABA) — is expanding in Singapore as it faces regulatory challenges in its home country.

Alibaba And Other Chinese Stock Investors Remain Cautious Over China's Political Body Forum With Leading Firms

China’s top political advisory body looks to host a forum next week with some of the nation’s largest private-sector firms, including Baidu, Inc (NASDAQ:BIDU), Bloomberg reports. While the conference focused on developing China’s digital economy, investors will likely watch for a possible wind-down of its year-long crackdown on the tech sector after a…

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Jack Ma's Absence From His Conceived Alibaba Event Raises Curiosity Over His Role In Company

Jack Ma's Absence From His Conceived Alibaba Event Raises Curiosity Over His Role In Company

Alibaba Group Holding Limited (NYSE: BABA) founder Jack Ma went missing from its mass wedding ceremony, triggering curiosity over his role in the company,

Here's How Alibaba, JD Are Proving Handy Amid China Lockdown

Here's How Alibaba, JD Are Proving Handy Amid China Lockdown

Alibaba Group Holding Limited (NYSE: BABA), JD.com, Inc (NASDAQ: JD), and Meituan (OTC: MPNGY) have built effic

Google Jumps The Crypto Bandwagon To Win Cloud Market From Alibaba, Amazon, Microsoft

Google Jumps The Crypto Bandwagon To Win Cloud Market From Alibaba, Amazon, Microsoft

Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google cloud unit formed a team to build services for developers running blockchain applications to tap the budding crypto market, CNBC reports. Former Citi executive James Tromans, who arrived at Google in 2019, will lead the product and engineering group. Google wants to offer back-end services to developers…

Chinese Analyst Who Projected Bearish Reports On Alibaba And Other Chinese Stocks Returns To Twitter

Chinese Analyst Who Projected Bearish Reports On Alibaba And Other Chinese Stocks Returns To Twitter

The former China strategist at Bocom International Holdings was active again on Twitter, Inc (NYSE:TWTR) with a forecast on the Nasdaq index, just days after he exited the state-owned brokerage following a ban by Chinese social media, Bloomberg reports. Hong Hao posted a chart on Twitter that compared the Nasdaq's bubble in 2000 to its…

2 Mega-Cap Stocks Wall Street Predicts Will Rally More Than 60%

2 Mega-Cap Stocks Wall Street Predicts Will Rally More Than 60%

Because macroeconomic and geopolitical concerns are expected to fuel market volatility in the near term, mega-cap stocks could be safer bets because of their ability to be resilient in tough times. Thus, Wall Street analysts expect quality mega-cap stocks Alibaba Group Holding Limited (BABA) and NVIDIA Corporation (NVDA) to gain…

Alibaba Chases Price-Sensitive Customers To Salvage Sales Growth

Alibaba Chases Price-Sensitive Customers To Salvage Sales Growth

Alibaba Group Holding Limited (NYSE: BABA) has turned to the ~930 million consumers in third and fourth-tier cities to boost its slowing sales growth,

Here's How 2022 Chinese Election Could Act As Tailwind For Alibaba And Others

Here's How 2022 Chinese Election Could Act As Tailwind For Alibaba And Others

Chinese President Xi Jinping reached out to the domestic private sector amid the growing economic challenges, the CityToday reports. Jinping highlighted the importance of private capital to economic development while emphasizing their adherence to the regulatory norms at a recent Politburo meet. The private sector generated over 50% of China's tax…

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Here's Why Alibaba, JD Led Broad Rally In Chinese Tech Equities

Technology stocks led a broad rally in Chinese equities on April 29, with traders citing speculation of a possible easing of the domestic regulatory crackdown, Bloomberg reports. The Communist Party's Politburo pledged to support the healthy growth of platform firms. Top leaders also pledged to meet economic targets insinuating stimulus to…

Android Could Soon Run On RISC-V Chips Courtesy Alibaba

Android could soon run on RISC-V chips following Alibaba Group Holding Limited's (NYSE:BABA) Alibaba Cloud's progress in porting the operating system to the emerging instruction-set architecture, the Tech Radar reports. In 2021, Alibaba successfully ported essential functions, including Chrome browsing in Android 10, to a RISC-V chip made by its subsidiary T-Head Semiconductor.…

How Is The Market Feeling About Alibaba Group Holding Limited American Depositary?

Alibaba Group Holding Limited American Depositary's (NYSE:BABA) short percent of float has fallen 19.05% since its last report. The company recently reported that it has 36.35 million shares sold short, which is 1.36% of all regular shares that are available for trading.

5 Hard-Hit Stocks That Could Jump 65% or More, According to Wall Street

Amid galloping inflation, the Fed’s hawkish stance, rising U.S. Treasury yields, an ongoing geopolitical crisis, and deepening supply chain disruptions, the stock market is expected to remain volatile. But despite these macro headwinds, it could be profitable to invest in financially solid stocks with promising growth potential. Thus, Wall Street…

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Grab These 5 Large-Cap Stocks Before They Jump 40%, According to Wall Street

As the stock market is expected to remain highly volatile in the coming months, large-cap stocks should be looked at for their ability to dodge market fluctuations and deliver steady returns. Analysts expect fundamentally-sound large-cap stocks Meta (FB), Alibaba Group (BABA), AstraZeneca (AZN), Applied Materials (AMAT), and Salesforce.com (CRM) to…

Alibaba Spearheads $60M Funding Round For Nio-Backed AR Startup Nreal

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) led a $60 million funding round for Nio Inc. (NYSE: NIO)-backed augmented reality glasses maker Nreal,

Why Alibaba Shares Are Rising Today

Alibaba Group Holding Limited (NYSE: BABA) shares are trading higher after the company raised its buyback program. The company's board authorized to upsize its share repurchase program from $15 billion to $25 billion.

Alibaba Gains Nearly 5%, Tesla Rivals Nio, Xpeng Firm In Hong Kong Today — What's Keeping Sentiment Up?

Shares of U.S.-listed Chinese tech companies — led by Alibaba Group Holding Limited (NYSE: BABA) — traded mostly higher in Hong Kong on Tuesday, after the e-commerce giant said it had

Alibaba Ups Share Buyback Target To $25B: What You Need To Know

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) has raised its share buyback program to $25 billion from $15 billion.

Alibaba Strikes Gains Even As Tech Peers Drop In Hong Kong Today - What's At Play?

Shares of U.S.-listed Chinese tech companies fell in Hong Kong on Tuesday, weighing on the benchmark Hang Seng Index, while Alibaba Group Holding Limited (NYSE: BABA) bucked the trend to jump over 1%.

Alibaba Dips While Tesla Rivals Li Auto, Xpeng Strike Gains In Mixed Hong Kong Market

Shares of U.S.-listed Chinese tech companies — with the exception of Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) — traded higher in Hong Kong on Tuesday, even as the benchmark Hang Seng Index drifted lower after a positive start.

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