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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 Stock Roars Back, Rides Dragon Tailwind On Heels Of Spring Festival Surge
Thursday, February 22, 2024 - 12:39pm | 452Alibaba Group Holding (NYSE:BABA) (NYSE:BABAF) stock has largely been out of investor favor for the past year. The stock is down over 20% in the past year, and down 2.7% year-to-date. However, the stock has recently demonstrated momentum as China kicked off its eight-day Spring Festival holiday...
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H&M Back On Alibaba's Tmall Months After Controversy Over Uyghur Comments Forced It To Shut Store
Tuesday, August 16, 2022 - 4:04am | 361Swedish fashion giant Hennes & Mauritz (OTC: HNNMY) has reopened its official store on Alibaba Group Holding’s (NYSE: BABA) Tmall months after the Chinese e-commerce platform took it down over the brand's criticisms of human rights abuses in the Uygur Autonomous Region of Xinjiang....
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How Did Alibaba Fare With Its 2021 'Singles Day' Shopping Event?
Thursday, November 11, 2021 - 4:32pm | 660The Singles Day shopping festival, aka Double 11, that falls on Nov. 11 customarily is a shopping bonanza in China that domestic retailers use to great advantage. Chinese online retail giant Alibaba Group Holding Ltd - ADR (NYSE: BABA), which spearheads the shopping push during the annual...
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Alibaba Kicks Off 2021 'Singles Day' Global Shopping Festival: What You Need to Know
Wednesday, October 20, 2021 - 10:54am | 524Singles Day, observed on Nov. 11, is an unofficial Chinese holiday and it has evolved as the largest physical retail and online shopping day in the world. Chinese retailers capitalize on the shipping frenzy associated with the day to perk up their bottom line. Chinese e-commerce giant Alibaba...
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Is Now The Time To Buy Alibaba, Snap, Intel Or Nano Dimension Stock?
Wednesday, December 30, 2020 - 11:03am | 549One of the most common questions traders have about stocks is “Why Is It Moving?” That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why a stock is moving. Here’s why shares of Alibaba, Snap,...
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Yatsen IPO: What Investors Should Know About Chinese Beauty E-Com Company
Thursday, November 19, 2020 - 9:26am | 444A leading Chinses beauty e-commerce company will hit the public market Thursday. The Offering: Yatsen (NYSE: YSG) plans on selling 58.75 million ADS at a price point of $8.50 to $10.50. The company says it has the no. 1 online color cosmetics brand in China with Perfect Diary. Little Ondine is...
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Alibaba Could Shatter Singles Day Record With 3 More Shopping Days
Saturday, October 31, 2020 - 9:39am | 333Singles Day on Nov. 11 is an unofficial Chinese holiday. The holiday has surpassed Cyber Monday as the largest online shopping day of the year globally. What Happened: Alibaba Group Holding Ltd (NYSE: BABA) owns the trademark to Singles Day and is the largest participating retailer....
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Cowen: Nike's Chinese Growth Unthreatened By NBA Turmoil
Sunday, October 13, 2019 - 4:52pm | 459NBA games during the upcoming season could be further restricted in China, but Cowen said it's is skeptical it will materially affect Nike Inc (NYSE: NKE)'s most profitable region. The Analyst John Kernan reiterated an Outperform rating on Nike with a $105 price target...
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Tapestry Strikes Strategic Alliance With Alibaba's Tmall
Thursday, September 12, 2019 - 8:27am | 350Tapestry, Inc. (NYSE: TPR), the New York-based house of luxury accessories and lifestyle brands, said Thursday it has partnered with with Alibaba Group Holding Ltd - ADR (NYSE: BABA)'s Tmall, a China-focused e-commerce platform. Tapestry said it will be one of the first companies to collaborate...
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Macy's Q1 Earnings Report: What You Need To Know
Wednesday, May 16, 2018 - 8:56am | 398Macy's Inc (NYSE: M) reported its first-quarter results, which sent shares higher by more than 8 percent to trade above its 52-week high of $32.45 in the pre-market session. What Happened Macy's said it earned 48 cents per share in the first quarter on revenue of $5.54 billion, which...
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Why This Analyst Says Investors Should Buy Alibaba's Recent Weakness
Friday, December 15, 2017 - 1:21pm | 420Shares of Alibaba Group Holding Ltd (NYSE: BABA) peaked just north of $190 in November but have since fallen $20 per share, prompting at least one Wall Street analyst to encourage investors to buy on the dip. The Analyst MKM Partners' Rob Sanderson maintains a Buy rating on Alibaba's...
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Wal-Mart Finds A Big Partner In China
Tuesday, June 21, 2016 - 1:06pm | 345Wal-Mart Stores, Inc. (NYSE: WMT) is aggressively attempting to adapt to the global shift to e-commerce, and the company’s most recent move is to abandon its plans to take on the Chinese e-commerce market alone. Instead of fighting for market share in an extremely crowded and difficult...
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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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Credit Suisse Raises Target On Alibaba To $100
Friday, May 6, 2016 - 8:46am | 260Alibaba Group Holding Ltd (NYSE: BABA) reported its CY 1Q16 results, with the revenue beating the consensus and the estimate. Credit Suisse’s Dick Wei maintains an Outperform rating on the company, while raising the price target from $96 to $100. 1Q Results Wei mentioned that the revenue beat...