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Here's What Alibaba's Recent Acquisitions Suggest About The Future Of The Economy
Friday, January 27, 2017 - 3:17pm | 812Alibaba Group Holding Ltd (NYSE: BABA) has been in the news recently, thanks to its stellar December quarter results. The third-quarter results revealed that it has a cash hoard, with $4.9 billion in non-GAAP free cash flow and $5.4 billion in operating cash flow. The rich cash flow position...
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Alibaba Confirms Investment In AdChina
Thursday, January 15, 2015 - 10:33am | 206Alibaba Group Holding Ltd (NYSE: BABA) confirmed its investment in AdChina on Wednesday following earlier reports. “With the investment, Alibaba Group will become a majority shareholder in AdChina. AdChina will work closely with Alimama, Alibaba Group’s online marketing technology...
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Alibaba Invests In AdChina And India's One97 Communications
Wednesday, January 14, 2015 - 9:29am | 273Alibaba Group Holding Ltd (NYSE: BABA) has purchased a stake in AdChina, the online marketing company, according to a Reuters report issued Wednesday. "Alibaba's strategic stake is expected to allow AdChina to enhance its competitive strengths in its existing businesses," said an...