Alibaba Group Holding Limited (9988.HK)
| Previous close | 81.450 |
| Open | 82.550 |
| Bid | 83.450 x N/A |
| Ask | 83.500 x N/A |
| Day's range | 82.350 - 83.600 |
| 52-week range | 64.600 - 87.450 |
| Volume | |
| Avg. volume | 46,777,370 |
| Market cap | 1.603T |
| Beta (5Y monthly) | 0.33 |
| PE ratio (TTM) | 21.86 |
| EPS (TTM) | 3.820 |
| Earnings date | 14 Nov 2024 - 18 Nov 2024 |
| Forward dividend & yield | 0.98 (1.20%) |
| Ex-dividend date | 12 June 2024 |
| 1y target est | 104.83 |
Insider MonkeyIs Alibaba (NYSE:BABA) the Best AI Stock to Buy According to Carolina Panthers Owner Billionaire David Tepper?
We recently published a list of 10 Best AI Stocks to Buy According to Carolina Panthers Owner Billionaire David Tepper. Since Alibaba Group Holding Ltd (NYSE:BABA) ranks 1st on the list, it deserves a deeper look. Billionaire David Tepper stands out amongst American hedge fund managers for his two recent moves: his bet on Chinese stocks despite their volatility […]
Barrons.comAlibaba Is Battling with Temu Parent PDD. Founder Jack Ma Says That’s a Good Thing.
Alibaba is locked in a three-way battle for market share with upstart rival PDD and longtime foe JD.com but the Chinese e-commerce giant’s co-founder Jack Ma thinks heightened competition will be good news over the longer term. “Many of Alibaba business face challenges and the possibility of being surpassed, but that’s to be expected as no single company can stay at the top forever in any industry,” Ma wrote in an internal memo sent to employees late Tuesday to commemorate the company’s 25th anniversary, according to The Wall Street Journal. Alibaba’s earnings have disappointed this year as it struggles to win a price war against JD.com and PDD which owns Pinduoduo in China and Temu in the U.S. In June, the three companies locked horns for China’s annual 618 shopping festival, slashing prices and rolling out promotions in a battle investors fear could weigh on margins.
- South China Morning Post
Alibaba logistics arm Cainiao launches next-day delivery in Europe, builds new hubs
The next-day delivery for European Union countries includes a €2 (US$2.20) service for parcel deliveries to Spain and Portugal, the company announced on Tuesday during its 2024 Smart Global Logistics Summit in Hangzhou, capital of eastern Zhejiang province. Separately, Cainiao also announced the development of a second batch of global e-commerce logistics hubs, known as e-hubs, to serve as "a shared infrastructure that supports all e-commerce platforms, merchants and brands". "In e-commerce, supply chain and logistics are crucial competitive factors," said Alibaba chairman Joe Tsai, who also serves as chairman at Cainiao, in a statement released at the event.
