Alibaba Group Holding Ltd (NYSE:BABA) Rolls Out Health Care Goods Delivery Service

Alibaba Group Holding Ltd (NYSE:BABA) is introduce a three-hour delivery service for healthcare products. The Chinese ecommerce giant will introduce the service to five cities, thus emulating its rival JD.Com Inc (ADR) (NASDAQ:JD). Shanghai and Beijing will be among the five cities to benefit from the new service. However, the company has future plans to […]

Alibaba Group Holding Ltd (BABA) Strikes $2.5 Billion Deal With Its Hong Kong-Based Affiliate And Another Investor To Consolidate Its Online Healthcare Business Unit

Alibaba Group Holding Ltd (NYSE:BABA) is consolidating its online pharmacy business in a $2.5 billion transaction involving its affiliate listed in Hong Kong and another investor. The step is expected to accelerate Alibaba Group’s ride in the booming Chinese online healthcare business, which will soon include prescription drugs. The affiliate that will take charge of […]

Alibaba Group Holding Ltd (NYSE:BABA) – No Bottom in sight

Alibaba Group Holding Ltd (NYSE:BABA) ended its third consecutive red session with a marginal loss of 0.35%. The company has been hurt by the allegations of selling counterfeit goods and that is reflected in the stock price clearly as it is almost 30% away from the life high of $120, registered in November 2014 and […]

Stocks Basking On Positive News: JD.Com Inc (ADR) (JD), Sunedison Inc (SUNE), RF Micro Devices, Inc. (RFMD)

Boston, MA 11/07/2014 (wallstreetpr) – JD.Com Inc (ADR) (NASDAQ:JD) is poised to give its Chinese rival Alibaba Group Holding Ltd (NYSE:BABA) a run for its money. Analysts have noticed that JD was trying to take on Alibaba in a fashion similar to that of, Inc. (NASDAQ:AMZN) against the eBay Inc (NASDAQ:EBAY). JD.Com Inc (ADR) […]