Alibaba

Alibaba is set to report quarterly results tomorrow (26th May 2022) before the market opens, in what is likely to be a pivotal report for the company and its shareholders. While Alibaba has lost ~31% of its market cap year-to-date with China's economic growth in the doldrums, it is easy to argue that BABA is too cheap right now.

Tuesday's top analyst upgrades and downgrades included Alibaba, American Express, Amgen, Blue Owl Capital, Boeing, Carnival, CoStar, Deere, eBay, Eli Lilly, Foot Locker, Home Depot, Juniper Networks, Kohl's, LyondellBasell Industries, Marathon Oil, Moderna, Petco Health, Realty Income and Under Armour.

Rayliant Global Advisors Managing Director Phillip Wool previews earnings from Chinese e-commerce giant Alibaba. Wool says he's underweight on Alibaba's shares and sees much better opportunities in the China equity space. He speaks to Yvonne Man and David Ingles on "Bloomberg Markets: China Open".

Stc Group announced the establishment of 'Alibaba Cloud' in Riyadh, KSA, for high-capacity cloud services in partnership with Alibaba Group, eWTP Arabia for Technical Innovation Ltd., the Saudi Company for Artificial Intelligence (SCAI), and the Saudi Information Technology Company (SITE). The establishment of the new company in the Saudi capital,...

Commerce tech company Payoneer has appointed former Alibaba Global President and Chief Marketing Officer John Caplan as its co-CEO and director, joining CEO Scott Galit in the lead role for the company, according to a Wednesday (May 25) press release. Caplan and Galit will lead Payoneer as co-CEOs until the...

One of China’s largest express delivery businesses today reported a jump in first-quarter profit amid the country’s Covid lockdowns. It also, however, warned of disruption in the second quarter. ZTO Express, nearly 9% controlled by Alibaba Group, said revenue in the three months to March rose by 22.1%...

WASHINGTON/HONG KONG, May 24 (Reuters) - "Significant issues remain" in reaching a deal with China over a long-running dispute around auditing compliance of China-based companies listed on U.S. stock exchanges, a U.S. Securities and Exchange Commission (SEC) official said on Tuesday. The SEC's international affairs chief, YJ Fischer, told an...

LONDON, May 25 (Reuters Breakingviews) - Alibaba’s (9988.HK) hunt for growth outside the People’s Republic is getting urgent. The $223 billion Chinese e-commerce company hopes to offset sluggish demand at home by expanding in Europe through its Southeast Asian offshoot, Lazada, Reuters reported citing sources. But with a European market share of less than 5%, and entrenched rivals like Amazon (AMZN.O), it may struggle to justify the investment.

Two U.S. retailers and two Chinese e-commerce firms are reporting quarterly results before markets open on Thursday. Here is what analysts expect to hear.

Social-media users had a furious reaction to the idea presented by an American executive of Chinese internet giant Alibaba. for individuals to track their personal carbon footprint. “We’re developing, through technology, an ability for consumers to measure their whole carbon footprint,” said J. Michael Evans, president of Alibaba Group USA,...

The struggling e-commerce company still has a lot to prove.