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Alibaba's Potential Amazon-Killer Is Getting Bigger
Monday, April 6, 2015 - 12:08pm | 336Read More...Before even going public in the US, in October of 2013, Alibaba Group Holding Ltd (NYSE: BABA) headed a $206 million investment in ShopRunner, an Amazon.com, Inc. (NASDAQ: AMZN) competitor. Before that, the Chinese e-commerce giant had invested $70 million into ShopRunner. In 2013, The Wall...
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Alibaba Winning Red Envelope War; Lucky Money Campaign Draws More Than $650 Million
Wednesday, February 25, 2015 - 1:53pm | 175Read More...Alibaba Group Holding Ltd’s (NYSE: BABA) e-payment system, Alipay, informs that more than 100 million people sent gift money via mobile apps during the Chinese Lunar New Year holiday. In the context of Alibaba’s Lucky Money campaign, Alipay processed more than 4 billion yuan ($652...
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Alibaba Needs An 'Apple-Esque' Quarter To Ignite The Stock
Wednesday, January 28, 2015 - 3:15pm | 482Read More...A partnership between Apple Inc. (NASDAQ: AAPL) and Alibaba Group Holding Ltd (NYSE: BABA) could be a match made in Heaven. In the meantime, Alibaba might need to channel its inner Apple if it wants to attract investors. "Sheer top-line growth is what the market is going to focus on,...
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Here's Why Alibaba's Alipay Will Prove Quite Beneficial For U.S. Businesses
Saturday, November 29, 2014 - 12:27pm | 319Read More...Alibaba Group Holding Ltd (NYSE: BABA) might be thinking about revolutionizing e-retailing in the United States and other developed markets by offering a different user experience, but according to Buyology author, Martin Lindstrom, its Alibaba’s subsidiary payment service arm, Alipay, that...
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Alibaba Shares Break $100 On Apple Partnership Rumors
Tuesday, October 28, 2014 - 11:56am | 191Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) have traded above $100 for the first time since the company came public on September 19. The IPO was priced at $68 per share, and the stock opened at $92.70 on the first day of trading, with a high of $99.70 that day. Following that, the shares...
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Barclays Sees Alibaba 'Breaching New Frontiers'
Thursday, October 23, 2014 - 9:13am | 130Read More...Analysts at Barclays initiated coverage of Alibaba Group Holding Ltd (NYSE: BABA) on Thursday with an Overweight rating and $107 price target. The team of analysts including Alicia Yap and Paul Vogel describe Alibaba as a "leading online commerce ecosystem" having upside potential for monetization...
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Demand for Air Travel Up Globally as Recovery Revives Business and Tourism
Tuesday, November 19, 2013 - 4:28pm | 646Read More...More signs of a slow but steady global economic recovery: despite weak figures in August, international air passenger traffic is up compared to a year ago. “We are seeing a more positive environment for air travel demand, based on rising business confidence, a strong increase in export orders...
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Hey Ma, What's Up?
Monday, October 3, 2011 - 12:12pm | 779Read More...Last week, it was written that Alibaba CEO Jack Ma could potentially be interested in taking over Yahoo (NASDAQ: YHOO). Over the weekend, Ma confirmed those interests, saying he would be very interested in taking over Yahoo as a whole. As such, shares are higher today, gaining more than 5%, one...
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Yahoo! Stumbles with Asain Assets
Monday, May 16, 2011 - 12:19pm | 271Read More...It wasn't long ago that Yahoo! (NASDAQ: YHOO) CEO Carol Bartz noted on an earnings conference call that she would have some news for investors regarding the Asian assets that the company had long held on its balance sheet. Management gave the impression that a monetization of these assets, which...
