Alibaba Group Holding Ltd (NYSE: BABA) Records Poor Performance

Alibaba Group Holding Ltd (NYSE: BABA) is among the tech companies in China that have recorded poor performance. Another one is JD.com Inc (NASDAQ: JD). However, the country’s organisations recorded at least a decline of 2%, as indicated in the recent stock publication. The stock’s reduction trails a worldwide sell-off that strengthened the Federal Reserve […]

Alibaba Group Holdings Ltd (NYSE: BABA) Highlights a Significant Improvement in the Recent Stock Market Publication

China recorded a decline in its tech companies’ stock that saw companies like Alibaba Group Holding Ltd (BABA) decline. The decline in the stocks led several investors and traders to consider policy covenants to redeem a plunging economy withstanding the government’s risks of new regulatory constraints. The tech index in the Hong Kong stocks reduced […]

Alibaba Group Holding Ltd (NYSE: BABA) Says Olympic Winter Games Will Be More Efficient Due to Cloud Technology

Alibaba Group Holding Ltd (NYSE: BABA) stated that because of cloud technology, the Olympic Winter Games Beijing 2023 has become more sustainable and efficient. Moreover, cloud technology has helped the city reduce the cost of hosting the event. For the Olympics, the Beijing Organizing Committee for the 2022 Olympic and Paralympic Winter Games (BOCOG) is […]

Hang Seng Tech’s Stock Market Decline While Alibaba Group Holding Ltd (NYSE: BABA) Rises Amidst New Regulation Scrutiny From Beijing

Alibaba Group Holding Ltd (NYSE: BABA) and other companies in China are the subjects of regulations from Beijing. As a result, Hang Seng Tech’s stock recently dropped by 1.9% since its establishment in 2020. Another company that performed poorly was Alibaba. Analysts and investors are now even more reluctant to invest in Chinese companies because […]

Alibaba Group Holding Ltd (NYSE: BABA) is Among US-listed Chinese Stock To Receive a Boost

Alibaba Group Holding Ltd (NYSE: BABA) jumped after U.S-listed Chinese stock received a boost. This change came after funds backed by the state purchased shares to cushion the decline that has been ongoing for the last few weeks. As a result, companies such as Alibaba, Pinduoduo Inc (NASDAQ: PDE), and JD.com Inc (NASDAQ: JD) gained. […]

Alibaba Group Holding Ltd (NYSE: BABA) Stock Dips on News That U.S. Is Examining Its Cloud Unit on the Privacy of Its Consumers

Alibaba Group Holding Ltd (NYSE: BABA) shares bounced back from consumers’ lows in the last session. The company’s shares dropped by half a percent due to concerns of the U.S. government reviewing its cloud unit for national security risks.  The government’s investigation focuses on how the organizations store data of U.S. consumers, especially personal information […]

Alibaba Group Holding Ltd (NYSE: BABA) Fires a Female Employee Who Accused a Supervisor of Sexual Assault

Alibaba Group Holding Ltd (NYSE: BABA) has dismissed a female employee who cussed her supervisor, Wang Chengwe, of rape during a business trip for spreading lies and damaging information. The company dismissed Zhou for allegedly spreading misinformation on an executive and violating the company’s policies. The company fired Wang and investigated the incident internally. Later […]

China’s State of Administration of Market Regulations Fines Big Tech Companies Again

The State Administration of Market Regulation (SAMR) has announced that the Chinese government has fined ByteDance, Baidu Inc (NASDAQ: BIDU), Tencent Holdings (OTCMKTS: TCEHY), and Alibaba Group Holding Ltd (NYSE: BABA) for violating antitrust laws. SAMR fines the companies for 43 violations The SAMR revealed that there were 43 violations, some of which went back […]

Alibaba Group Holding Ltd (NYSE: BABA) Shares Gain By 6.4% After Jack Ma is Seen in Mallorca

Alibaba Group Holding Ltd (NYSE: BABA) shares gained 6.4% after news that its founder Jack Ma was touring the island of Mallorca near the Spanish Coast. This increase added over $27 billion to its value despite the report being unverified and unrelated to company affairs. Ma gave a controversial speech in 2020 that resulted in […]

Alibaba Group Holding Is Experiencing a Steady Rise After it Lost $344 Billion in October

Alibaba Group Holding Ltd (NYSE: BABA) is seeing a steady rise in shareholder value. This increase comes after the company bottomed out in October 2020 following a speech made by its founder Jack Ma. Jack Ma’s speech caused a government crackdown on major Chinese companies The speech, which condemned regulations that stifled innovation and called […]

Alibaba Group Holding Ltd (NYSE: BABA) Warns Decelerating Consumers Spending Will Hurt Earnings and Launches a Server Chip

Alibaba Group Holding Ltd (NYSE: BABA) is expected to release its earnings report on November 5  ahead of China’s largest online shopping festival called “Singles Day.” Analysts have slashed their consensus earnings estimates for the year by around 5% over the last weeks amid waning domestic consumer spending momentum. Alibaba facing challenges as analysts slash […]

Alibaba Group Holding Ltd – ADR (NYSE: BABA) Participates In A $300 Million Funding Round To Boost Deeproute.ai

Alibaba Group Holding Ltd – ADR (NYSE: BABA) has channeled funds into a  $300 million funding round to support DeepRoute.ai., an autonomous driving start-up in China. The Shenzhen-based start-up has over the years focused on the development of self-driving systems, and it wishes to take its game a notch higher. It has also been operating a  fleet […]

Alibaba Group Holdings Ltd (NYSE: BABA) Pledges to Invest in Common Prosperity Incentive

Alibaba Group Holdings Ltd (NYSE: BABA) in China is planning to invest 100 billion yuan by 2025 to support ‘common prosperity’. It is the latest corporate giant to support the initiative, which President Xi Jinping has promoted. Alibaba has announced ten programs to provide care to vulnerable groups, job creation and technological innovation. Other companies […]

JD.com Inc (NYSE: JD) To Release Q2 2021 Earnings, What to Expect?

JD.com Inc (NYSE: JD) will report its Q2 2021 financial results on August 23, 2021, and the primary metric to look at is robust momentum across the JD Retail segment, which is expected to be the main growth driver.  JD Retail seeing enhanced growth momentum  Ahead of the release, JD.com’s intensified efforts to fulfill and […]

The Valuation of Trendyol Projected to Reach $16.5 Billion

Harvard Business School dropout Demet Mutlu happens to be the big name behind the formation of Trendyol. Reports indicate that he founded the company back in 2010, but it is unbelievable that he could have projected the massive growth it continues to achieve currently. Reports show it is performing quite a while, considering that it has […]