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The New Emerging Market Internet ETF
Thursday, November 13, 2014 - 5:52pm | 462The first ETF to concentrate solely on the niche Internet and e-commerce in the emerging markets launched this week. The Emerging Markets Internet and Ecommerce ETF (NYSE: EMQQ) began trading on Thursday on the NYSE Arca Exchange. The new ETF is designed to give investors exposure to e-commerce...
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Morgan Stanley Analysts Visit Alibaba HQ In China
Wednesday, November 12, 2014 - 2:01pm | 317Alibaba Group Holding Ltd (NYSE: BABA) hosted a “reverse roadshow” meeting, inviting U.S. based equity analysts to visit the company's headquarters in Hangzhou, China. Angela Moh of Morgan Stanley was part of the roadshow meeting which coincided with Tuesday's Singles' Day...
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Alibaba Sales Soar To $9.3 Billion In 24 Hours
Tuesday, November 11, 2014 - 3:50pm | 462An Alibaba Group Holding Ltd (NYSE: BABA) news and commentary site reported that Alibaba’s 11.11 Shopping Festival, known as Singles Day, soared to $9.3 billion on November 11. The sales topped estimates of approximately $8 billion and smashed "the record set last year......
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How Could Singles Day Help The Biggest Company In The World?
Monday, November 10, 2014 - 3:39pm | 738It only took 17 minutes for Alibaba Group Holding Ltd (NYSE: BABA) to make $1 billion USD during Singles Day 2014, an event that initially started to celebrate those who are single. Alibaba has cleverly transformed the holiday into the Chinese version of Cyber Monday, offering massive discounts...
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What To Expect From Alibaba And The World's Largest E-Commerce Sale
Monday, November 10, 2014 - 12:18pm | 343The world's largest single day e-commerce event, Singles Day, will take place on Tuesday throughout China and the world. Investors may pay greater attention to the country's most recognizable e-commerce player, Alibaba Group Holding Ltd (NYSE: BABA). Brean Capital: Alibaba ‘...