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Alibaba Unveils Its Spin-Off Plans
Thursday, June 1, 2023 - 4:42pm | 928Chinese e-commerce giant Alibaba Group Holdings Ltd. (NASDAQ: BABA) announced in November 2022 that it would be spinning off six companies. Ali Baba has been referred to as the Amazon.com Inc. (NASDAQ: AMZN) of China. It is the second largest e-commerce company in China, behind Meituan. Alibaba...
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10 Topics For Alibaba's Analyst Day
Friday, June 10, 2016 - 8:22am | 341Alibaba Group Holding Ltd (NYSE: BABA) is scheduled to host its analyst day on June 14, in Hangzhou. Robert "Bob" Peck of SunTrust Robinson Humphrey maintains a Buy rating on the company, with a price target of $90. 10 Topic Areas “Investors we speak with are looking forward to a deeper...
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Alibaba To Launch Massive New Funding, Support Program For Startups
Tuesday, March 31, 2015 - 1:51pm | 186According to several Chinese language sources, Alibaba Group Holding Ltd (NYSE: BABA)'s cloud service Aliyun is launching a new funding and support program for startups, aimed at promoting Internet innovation. The project, named Founder+, counts with the backing of 30 venture capital firms (...