Daniel Zhang

Alibaba Group Holding Limited (NYSE:BABA) shares have been on a broad consolidation move since bottoming in late October 2022. The company is still reeling from the impacts of regulatory clampdowns and lackluster domestic economic growth. As the Jack Ma-founded company prepares to release its...

Key Takeaways: Alibaba said its former Chairman Daniel Zhang will leave his new position as head of its cloud unit to manage a tech fund with a $1 billion contribution from the company The cloud unit is facing a number of challenges, including Beijing’s growing preference for state-run...

Stocks were falling on Tuesday as investors await remarks from several Federal Reserve officials this week and more clarity from Fed Chair Jerome Powell in his testimony before the Congress on Wednesday and Thursday. Meanwhile, U.S. Treasuries rallied, with yields dropping by about 10 basis points...

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading higher Thursday after the company announced better-than-expected financial results. Alibaba said first-quarter revenue was flat year-over-year. The company reported quarterly revenue of RMB205,555 million ($30.69 billion), which beat the...

Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week's bullish calls included a Chinese electric vehicle manufacturer and a tech giant moving into the financial management space. A leading cryptocurrency exchange along with a new American EV...

Alibaba Group Holding Ltd (NYSE: BABA) is trading lower Thursday after the company announced worse-than-expected quarterly financial results. Alibaba reported quarterly non-GAAP diluted earnings per ADS of $1.74, which came in below the estimate of $1.93, representing a decrease of 38% year-over-...

After being China's unbeatable e-commerce giant for more than 15 years, Alibaba Group Holding Limited (NYSE: BABA) is facing growing competition in the market.  As consumer behavior shifts from targeted product searches to browsing and interaction, competitors are exploring the...

Alibaba Group Holding Ltd (NYSE: BABA) CEO Daniel Zhang said that Beijing’s draft rules to prevent monopolistic behavior by China’s internet platforms are “timely and necessary,” Reuters reported Monday (Beijing time) What Happened: Zhang, speaking at the World Internet...

Chinese e-commerce giant Alibaba Group Holding Ltd – ADR (NYSE: BABA) took the spotlight Tuesday after detailing a path to 1 billion users by 2024 at its annual investor day and the purchase of a 33% stake in Ant Financial.  Swelling User Base Alibaba had 860 million annual active...

Alibaba Group Holding (NYSE: BABA) shares are trading higher after the company reported better-than-expected first-quarter EPS and sales results. Alibaba reported first-quarter earnings of $1.83 per share, which beat the analyst consensus estimate of $1.46. This is a 50% increase over earnings of $...

Chinese e-commerce giant Alibaba Group Holding (NYSE: BABA) announced CFO Maggie Wu will be tasked with running the company's strategic investments unit, Reuters reported Tuesday.  What Happened Wu will take over responsibility from Executive Vice-Chairman Joe Tsai, who was demoted to...

A Chinese e-commerce giant struck a notable partnership Tuesday in the country's logistics sector.  What Happened Alibaba Group Holding Ltd (NYSE: BABA) and its logistics arm Cainiao announced a strategic agreement Tuesday with ZTO Express (Cayman) Inc (ADR) (NYSE: ZTO), a leading...

China-based e-commerce behemoth Alibaba Group Holding Ltd (NYSE: BABA) reported a top-and-bottom-line beat in its fiscal fourth quarter earnings report Friday.  What Happened Here's a summary of the figures Alibaba reported from Q4:   EPS of 91 cents versus...

Shares of Alibaba Group Holding Ltd (NYSE: BABA) soared higher by more than 11 percent early Thursday morning after the company hosted Day One of an Analyst Day presentation. Alibaba's CEO Daniel Zhang and Chief Financial Officer Maggie Wu presented investors with an update to its 2018 outlook,...