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Alibaba, JD.com Strike Deal To Open Ecosystems Amid Slowing Growth And China's Antitrust Pressure
Friday, September 27, 2024 - 8:57am | 596Ahead of the Double Eleven shopping festival, Chinese e-commerce titans Alibaba Group (NYSE:BABA) and JD.com Inc. (NASDAQ:JD) have decided to integrate their ecosystems to combat slowing user growth and increased regulatory scrutiny. What Happened: Chinese e-commerce giants Alibaba Group and JD.com...
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Alibaba Co-Founder Joe Tsai Optimistic About Future Amid Recent Challenges: 'We're Back'
Monday, February 26, 2024 - 3:53am | 647Alibaba Group Holding Ltd (NYSE:BABA) co-founder Joe Tsai expressed optimism about the company’s future despite recent setbacks. What Happened: Tsai acknowledged the challenges Alibaba has faced in recent times. These include internal changes, the cancellation of a cloud computing IPO, and...
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Alibaba Chairman Says 'Not In A Hurry' For Cainiao, Freshippo IPOs Due To 'Challenging Market Conditions
Thursday, February 8, 2024 - 1:07am | 738Alibaba Group Holding Ltd (NYSE:BABA) has decided to put the initial public offerings (IPOs) of its logistics arm Cainiao Smart Logistics and brick-and-mortar chain Freshippo on hold due to challenging market conditions. What Happened: Alibaba’s Chairman Joe Tsai announced the decision during...
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Alibaba Explores Making Self-Driving Trucks
Thursday, June 10, 2021 - 1:59am | 273Alibaba Group Holding (NYSE: BABA) plans to develop self-driving trucks with logistics subsidiary Cainiao, the e-commerce giant's CTO Cheng Li announced at the Global Smart Logistics Summit on Thursday. What Happened: Alibaba's DAMO Academy and Cainiao have begun their research...
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Alibaba and Cainiao Invest $1.38 Billion In ZTO Express
Tuesday, May 29, 2018 - 12:03pm | 393A Chinese e-commerce giant struck a notable partnership Tuesday in the country's logistics sector. What Happened Alibaba Group Holding Ltd (NYSE: BABA) and its logistics arm Cainiao announced a strategic agreement Tuesday with ZTO Express (Cayman) Inc (ADR) (NYSE: ZTO), a leading...
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Here's Why Alibaba Remains A Top Pick At Stifel
Friday, September 29, 2017 - 9:14am | 402Analysts at Stifel met with Alibaba Group Holding Ltd (NYSE: BABA)'s head of investor relations Rob Lin to discuss the company's 51-percent ownership stake in the logistics provider Cainiao. The firm's Scott Devitt maintains a Buy on Alibaba's stock with an unchanged $190 price...
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10 Topics For Alibaba's Analyst Day
Friday, June 10, 2016 - 8:22am | 341Alibaba Group Holding Ltd (NYSE: BABA) is scheduled to host its analyst day on June 14, in Hangzhou. Robert "Bob" Peck of SunTrust Robinson Humphrey maintains a Buy rating on the company, with a price target of $90. 10 Topic Areas “Investors we speak with are looking forward to a deeper...
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Superstar Analyst Bob Peck Went To China; Here's What We Learned
Monday, September 21, 2015 - 2:29pm | 682Bob Peck of SunTrust Robinson Humphrey spent two weeks travelling through China; he also visited India while abroad. Peck met with management teams from Alibaba Group Holding Ltd (NYSE: BABA) and JD.Com Inc(ADR) (NASDAQ: JD). Peck noted national brands continue to "dominate" in China; Alibaba and...
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Market Update: Wednesday's Mid-Day Movers: U.S., Asian Markets Slow; Apple, Microsoft, Chipotle, IBM And More
Wednesday, July 22, 2015 - 2:29pm | 732Earnings week is heating up the markets; just yesterday, Apple reported positive earnings, but yet, the stock is plummeting. U.S. stocks in general are being pushed down with the most valuable company in the world – Apple Inc. (NASDAQ: AAPL). The tech giant reported earnings 38 percent...
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Alibaba Announces Launch Of Korea Pavilion On Tmall
Monday, May 18, 2015 - 4:19pm | 333Chinese eCommerce giant Alibaba Group Holding Ltd (NYSE: BABA) on Monday announced the launch of the Korea Pavilion on its Tmall.com platform. According to a company press release, the Korea Pavilion is the first official online country pavilion that will be dedicated toward providing consumers...