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What Will Alibaba Do With MoneyGram?
Thursday, January 26, 2017 - 4:44pm | 438Read More...Moneygram International Inc (NASDAQ: MGI) shares are up 9.0 percent on Thursday after Alibaba Group Holding Ltd (NYSE: BABA) payment affiliate Ant Financial agreed to purchase MoneyGram for $880 million. The merger is the latest step in Alibaba’s international expansion efforts. According to...
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Mobile Payments To Increase Tenfold By 2021; Who Benefits?
Thursday, January 26, 2017 - 4:04pm | 442Read More...Mobile payment volume is expected to increase tenfold by 2021. While credit/debit card payments beat surpassed cash payments for the first time in history in 2016, the adoption of mobile payments has been slower than many have expected. According to a report from Statista, 35 million...
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Alibaba Is 'Well-Girded' To Dominate, Deutsche Bank Lifts Target To $138
Thursday, September 29, 2016 - 10:09am | 368Read More...Citing rising valuation of Ant Financial, of which Alipay is a part, and valuation roll over into 2017, Deutsche Bank maintains its Buy rating on the shares of Alibaba Group Holding Ltd (NYSE: BABA). The firm lifted its price target to $138. Deutsche Bank said it is of the view that Alibaba is well...
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Which Is More Valuable: Goldman Sachs Or China's Ant Financial? The Answer May Surprise You
Tuesday, September 20, 2016 - 8:18am | 379Read More...Alipapay's parent company, Ant Financial, was valued at around $60 billion back in April when it raised $4.5 billion. According to a Bloomberg report, Ant Financial's valuation has since risen to $75 billion, which would make the relatively unknown financial firm more valuable than one of the most...
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Sum-Of-The-Parts Analysis Leads MKM To Raise Alibaba Price Target To $130
Friday, August 26, 2016 - 2:57pm | 385Read More...Alibaba Group Holding Ltd (NYSE: BABA) is worth $130 per share, at least according to a sum-of-the-parts analysis conducted by Rob Sanderson of MKM Partners. Sanderson's calculations derived a value for Alibaba's Commerce business at $94 per share, the Cloud business at $18 with a marked-to-market...
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12 Questions For Alibaba's First-Ever Analyst Day
Friday, June 10, 2016 - 10:16am | 662Read More...China's Alibaba Group Holding Ltd (NYSE: BABA) will host its first-ever analyst day on June 14, and is expected to take questions, among others, over concerns around the health of the Chinese consumer, traction with O2O and monetization of Ant Financial. It remains to be seen whether management...
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10 Topics For Alibaba's Analyst Day
Friday, June 10, 2016 - 8:22am | 341Read More...Alibaba 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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Jack Ma's Ant Financial Eyeing Stake In Business Magazine
Wednesday, March 2, 2016 - 10:06am | 153Read More...According to a report by Bloomberg, Alibaba Group Holding Ltd (NYSE: BABA)'s financial affiliate, Ant Financial, is eyeing a stake in Caixin, a China-based business magazine publisher. Ant Financial is owned by Alibaba founder Jack Ma, who recently acquired Hong Kong's South China...
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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...
