May 15, 2024
“…Net income attributable to ordinary shareholders came in at 3.3 billion yuan, down 86% year on year. Shares of Alibaba closed down 6% in the U.S. after falling as much as 8.1% in the first hour of trading…” https://www.cnbc.com/2024/05/14/alibaba-baba-earnings-q4-2024.html The… Continue Reading…
February 8, 2024
“Investors looking for an end to the freefall in shares of Chinese e-commerce company Alibaba Group Holding Ltd. may be in for a long wait, if options traders are correct. The stock’s 75% tumble from a 2020 record high has… Continue Reading…
July 17, 2020
“SoftBank Group Corp. quietly sold an additional $2.2 billion of its stake in Alibaba Group Holding Ltd. as part of the Japanese conglomerate’s fund-raising effort to pay down debt and buy back its own shares. The deal, which includes a… Continue Reading…
May 22, 2020
“Alibaba (BABA) reported quarterly results before the market open Friday that beat estimates as total gross merchandise volume for the year hit a record $1 trillion. Alibaba stock fell. The China e-commerce giant reported adjusted earnings of $1.30 per share, up… Continue Reading…
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