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The Latest Breaking News from Alibaba

Chinese technology shares jump as Alibaba sales exceed forecasts

E-commerce company’s revenues rise 9% to 204bn yuan despite weakening economy

The Guardian - UK

Asian shares' rise broadly cheered by US earnings, rally

Asian shares are gaining as investors cheered a strong set of earnings from retailers that sent U.S. shares higher

The Independent UK

Why Alibaba, Nio, Chinese Peers Are Surging In Hong Kong Today

Shares of U.S.-listed Chinese companies rallied in Hong Kong on Friday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Tencent Ho

Benzinga

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Here's What To Watch On Alibaba's Stock Chart Following Q4 Earnings Print

Alibaba Group Holdings, Inc (NYSE: BABA) gapped up over 5% off Wednesday’s close and was surging over 12% after printing fourth-quarter and f

Benzinga

Benzinga's Brief On Trending Tickers: Alibaba, Twitter, Snowflake And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

Benzinga

Why Alibaba Shares Are Rising Today

Alibaba Group Holding Limited (NYSE: BABA) reported fourth-quarter FY21 revenue growth of 9% year-on-y

Benzinga

Why Alibaba, Nio, Chinese Peers Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese companies traded marginally lower in Hong Kong on Thursday morning.

Benzinga

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Alibaba's Overseas Growth Push Gets Critical To Beat Domestic Slowdown

Alibaba Group Holding Limited's (NYSE:BABA) hunt for overseas growth is critical to offset sluggish demand at home by expanding in Europe through its Southeast Asian offshoot, Lazada, Reuters reports. Lazada plans to target local European vendors, while Alibaba's existing global platform, AliExpress, will continue to focus mainly on cross-border sales from China. However, the…

Benzinga

Is Alibaba Reaching An Inflection Point? Investors Search For Answers Ahead Of Q4 Results

The battered Alibaba Group Holdings, Inc. (NYSE: BABA) stock has a key catalyst this week, as the Chinese ecommerce giant prepares to release its March quarter and year-end financial results.

Benzinga

stc Group and Alibaba Establish Alibaba Cloud for Cloud Computing in Saudi Arabia

stc Group, the leading national digital enabler announced the establishment of "Alibaba Cloud” in Riyadh, Saudi Arabia, for high-capacity cloud services in partnership with the Chinese technology giant, "Alibaba Group”, eWTP Arabia for Technical Innovation Ltd., the Saudi Company for Artificial Intelligence (SCAI), and the Saudi Information Technology Company (SITE).…

Asharq Al-Awsat

'Are You Serious?' Alibaba Exec Draws Flak Over Highlighting New Tech To Track What Individuals Are Eating, Where They Are Traveling

An Alibaba Group Holding Ltd. (NYSE: BABA) executive faced flak after his individual carbon footprint tracker comments at the World Economic Forum (WEF) summit in Davos, Switzerland.

Benzinga

Why Alibaba, Nio And Other Stocks Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese firms traded significantly lower in Hong Kong on Wednesday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Baidu Inc (NASDAQ: <

Benzinga

Chinese Social Media Weibo Bans Another Business Leader After He Questions China's Zero Covid Policy

Weibo Corp (NASDAQ:WB) banned Trip.Com Group Limited (NASDAQ:TCOM) co-founder and Chair James Liang for alleged violation of laws, Reuters reports. The social media company neither elaborated on the violation nor cited the reasons behind the ban. Liang had recently questioned the wisdom of the country's zero-COVID strategy as the country's Presidential election draws closer. Also…

Benzinga

Why Alibaba Shares Are Getting Hammered Today

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading lower by 4.75% at $83.09. Shares of Chinese companies are trading lower in possible reaction to US President Biden's recent unveiling of the Indo-Pacific Economic Framework to counter China's influence in the region.

Benzinga

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news in one place.

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Benzinga

NetEase Shares Gain Post Q1 On Solid Contributions From Steady Online Game Services

NetEase, Inc (NASDAQ:NTES) reported first-quarter FY22 revenue growth of 14.8% year-on-year to $3.7 billion. Segments and margins: Online game services revenues grew 15.3% Y/Y to $2.7 billion. The gross margin for online game services expanded by 50 bps to 65.1%. Youdao, Inc (NYSE:DAO) revenue decreased 10.4% Y/Y to $189.4 million, and the corresponding gross margin…

Benzinga

Alibaba, Nio, Chinese Peers Slide: What's Dragging Hong Kong Stocks Today?

Shares of U.S.-listed Chinese firms were subdued on Tuesday morning in Hong Kong, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Baidu In

Benzinga

NYSE Top Official Eases Worries For Alibaba, Other Chinese Stocks Over US Delisting; Sees More Chinese Companies Getting Listed In US

NYSE VC and Chief Commercial Officer John Tuttle expects the number of Chinese companies listed in the U.S.

Benzinga

Truist Is Cautious Over Alibaba Despite Its Bullish Rating - Read Why

Truist analyst Youssef Squali believed that the slowdown in online sales would affect Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA).

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news in one place.

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Benzinga

A Biopic Series On Alibaba Founder Jack Ma's Epic Rise Amid Odds? French Production House Is Developing It

French production house Oble is working on a biographical series about Alibaba Group Holding Limited (NYSE: BABA) founder Jack Ma,

Benzinga

Alibaba Down 7%, Nio Slides Over 3%: What's Causing A Selloff In Hong Kong Today

Shares of U.S.-listed Chinese firms traded significantly lower in Hong Kong on Thursday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD),

Benzinga

Mizuho Remains Bullish On JD Post Q1 - Read Why

Mizuho analyst James Lee maintained a Buy on JD.com, Inc (NASDAQ:JD) with a price target of $90 (75% upside). JD beat top line and margins due to its competitive advantage in supply chain and logistics, which enabled the company to gain share. The COVID lockdown impact in 2Q22 was more than Lee's expectation at 5% YoY growth,…

Benzinga

Truist Securities Maintains Buy Rating for Alibaba Group Holding: Here's What You Need To Know

Truist Securities has decided to maintain its Buy rating of Alibaba Group Holding (NYSE:BABA) and lower its price target from $180.00 to $132.00. Shares of Alibaba Group Holding are trading down 2.51% over the last 24 hours, at $89.68 per share.

Benzinga

Tencent Misses Q1 Revenue As Regulatory Crackdown Takes Its Toll

Tencent Holding Ltd (OTC:TCEHY) reported first-quarter FY22 flat revenue growth year-on-year to 135.5 billion yuan ($20.1 billion), missing the consensus of 141 billion yuan as China started approving gaming licenses. Revenues from VAS were stable Y/Y at 72.7 billion yuan. Domestic Games revenues decreased by 1% Y/Y to 33.0 billion yuan due to the…

Benzinga

Alibaba Down Over 2%, Nio Jumps 7%: What's Weighing On Hong Kong Stocks Today?

Shares of U.S.-listed Chinese firms traded mixed in Hong Kong on Wednesday morning, with web search giant Baidu Inc (NASDAQ: BIDU) and electric vehicle maker NIO Inc (NYSE: NIO) among stocks that were in the green.

Benzinga

Alibaba, Other Chinese Stocks Pop As China's Top Economic Official Expresses Support For Digital Platform Ahead Of 2022 Election

China's top economic official offered an unusually public show of support for digital platform companies hinting toward possible ease in the ongoing crackdown, Bloomberg reports. The latest comments may inject much-needed confidence into the capital markets. Tencent Holding Ltd (OTC:TCEHY) and Alibaba Group Holding Limited (NYSE:BABA) combined lost over $1 trillion in market value post…

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