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Alibaba's Strong Singles' Day Sales Kickoff Hints At China Consumer Rebound
Thursday, October 31, 2024 - 10:56am | 462Alibaba Group Holdings, Ltd. (NYSE:BABA) reported strong demand during the initial sales period of its Singles’ Day shopping festival, signaling a potential rebound in consumer confidence in China. Singles' Day is the world's largest online shopping festival and while the holiday itself...
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Alibaba Says Luxury Brand Coach Saw Singles Day Sales Rise 700%
Tuesday, November 17, 2020 - 9:42am | 504In the Single’s Day shopping festival last week, the American luxury accessory company Coach IP Holdings LLC launched the first-ever 3D shopping feature on Alibaba Group Holdings Ltd’s (NYSE: BABA) Tmall Luxury Pavilion. This feature created an immersive...
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Fintech Focus For November 11, 2020
Tuesday, November 10, 2020 - 11:46pm | 2239Quote Of The Day: Get busy living or get busy dying. - Stephen King Fintech Movers: By adding fintech, SaaS businesses can increase revenue per customer by 2-5x* and open up new SaaS markets that previously may not have been accessible. - Andreessen Horowitz Benzinga’s Fintech Award winners...
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Black Friday Sees Record Sales, Still Less Than 11% Of China's Singles Day
Monday, December 2, 2019 - 2:30am | 420The online sales on Black Friday hit a record of $7.4 billion this year, according to the 2019 Holiday Shopping Trends report by Adobe Inc (NASDAQ: ADBE). Record Sales The sales are up 19.6% compared to last year. The Black Friday sales fell slightly short of Adobe’s estimated $7.49...
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The Verdict Is In: December Quarter Showings Place Alibaba Head And Shoulders Above eBay
Thursday, January 26, 2017 - 1:28pm | 722Online market places Alibaba Group Holding Ltd (NYSE: BABA) and eBay Inc (NASDAQ: EBAY) reported their December quarter financial scorecard this week. Investor reaction to both the earnings were similar, with Alibaba settling up over 3 percent at near a three-month high on Tuesday in reaction...
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Leveraging An Already Hot ETF Trade
Wednesday, November 16, 2016 - 10:22am | 624Chinese internet stocks, including behemoth Alibaba Group Holding Ltd (NYSE: BABA), received plenty of attention in the run-up to Singles' Day, but there are other reasons for investors to consider Chinese internet stocks. For example, the world's second-largest economy is known for being home...
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Here's How Alibaba Trades The Month Following Singles' Day
Tuesday, November 15, 2016 - 2:48pm | 352Alibaba Group Holding Ltd (NYSE: BABA) delivered some impressive numbers during its annual Singles’ Day sales event on November 11. Unfortunately for investors, those numbers haven’t translated to the stock market. Alibaba reported $18 billion in gross merchandise volume on Singles...
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The Most Popular U.S. Brands In China
Friday, November 11, 2016 - 4:50pm | 457Alibaba Group Holding Ltd (NYSE: BABA) smashed records with its Singles’ Day on 11/11, making it now the world’s largest online shopping event and substantively bigger than Black Friday. Following the massively success event, Alibaba released some valuable data highlighting the most...
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Alibaba's Singles' Day Gross Merchandise Value Up 40% In First Half Of Day
Friday, November 11, 2016 - 10:18am | 281Morgan Stanley said Alibaba Group Holding Ltd (NYSE: BABA)’s Singles' Day midday gross merchandise value (GMV) rose 40 percent, with mobile ratio at 83.6 percent. Alibaba's GMV reached Rmb80.7 billion at 12:00 p.m. on November 11 versus Rmb57.6 billion to midday on last year’s...
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A Look At Alibaba's Singles' Day Success
Friday, November 11, 2016 - 9:40am | 274Alibaba Group Holding Ltd (NYSE: BABA)'s Singles' Day once again has been a massive success, generating an amazing $1 billion in just the first four minutes and 54 seconds of the launch. 2016 is expected to be the biggest Singles' Day ever, which is now considered the world's biggest shopping event...
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How Did Singles' Day Become A Billion-Dollar Event?
Thursday, November 10, 2016 - 4:11pm | 407U.S. retail investors are looking ahead to the critical Thanksgiving weekend shopping events, including Black Friday and Cyber Monday. However, for Chinese retail investors, it doesn’t get much bigger than this weekend’s Singles' Day event. China's 'Anti-Valentine's Day' In China,...
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Singles' Day Shopping With This ETF
Friday, October 21, 2016 - 11:08am | 688With just a few days left in October, it is safe to say the U.S. holiday shopping season has arrived. However, before investors get too caught up in how Black Friday, Cyber Monday and related fare will affect their portfolios, one of the world's biggest consumer-driven events is on tap and it...
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Big, Bigger, Biggest: Singles Day, Cyber Monday And Amazon's Prime Day
Friday, October 21, 2016 - 10:59am | 591Retailers adopt different strategies and marketing gimmicks to draw consumers out of their shells, especially amid the fluid economic environment, and force them into splurging on good and services they not only need but also want. Designating days for focused shopping, when retailers allure...
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Are Analysts Impressed With Alibaba Following Its Singles' Day Sales Event?
Thursday, November 12, 2015 - 2:20pm | 856Shares of Alibaba Group Holding Ltd (NYSE: BABA) have lost more than 20 percent year-to-date as China's economy has shown signs of slowing down – a potential negative for the company. Alibaba may have eased investor concerns over a slowing Chinese economy and consumer spending after the...
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T. Rowe Price: Alibaba And Qualcomm Attractive, But Yahoo A 'Struggle'
Thursday, January 29, 2015 - 4:00pm | 425Josh Spencer from T. Rowe Price Group was on CNBC Thursday to discuss his views on Alibaba Group Holding Ltd (NYSE: BABA), QUALCOMM, Inc. (NASDAQ: QCOM) and Yahoo! Inc. (NASDAQ: YHOO). Related Link: Yahoo Rallies, Calls Alibaba Return To Shareholders 'Historic' Alibaba “...