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Alibaba Launches 'Instant Commerce' Rapid-Delivery To Compete With Chinese E-Commerce Rivals
Wednesday, April 30, 2025 - 11:27am | 368Alibaba Group Holding Ltd. (NYSE:BABA) launched a new rapid-delivery feature on its Taobao shopping platform on Wednesday to compete in China's fast-growing on-demand delivery market against rivals like JD.com Inc. (NASDAQ:JD) and Meituan. The new “instant commerce” tab appeared on...
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Alibaba, JD.com Strike Deal To Open Ecosystems Amid Slowing Growth And China's Antitrust Pressure
Friday, September 27, 2024 - 8:57am | 596Ahead of the Double Eleven shopping festival, Chinese e-commerce titans Alibaba Group (NYSE:BABA) and JD.com Inc. (NASDAQ:JD) have decided to integrate their ecosystems to combat slowing user growth and increased regulatory scrutiny. What Happened: Chinese e-commerce giants Alibaba Group and JD.com...
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Alibaba Dropped The AI-Powered English Version Of Taobao In This Country, App Quickly Soars To The Top Of The Charts In No Time
Friday, September 13, 2024 - 2:08am | 526Alibaba Group (NYSE:BABA) has launched an artificial intelligence-driven English version of its Taobao app in Singapore. What Happened: The app, which previously ranked in the top ten shopping apps, surged to the top of Apple Inc.‘s App Store charts in Singapore following the update. This...
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Alibaba's Taobao Overhaul Boosts Growth: Analyst Expects 6% Quarterly Revenue Spike
Wednesday, August 14, 2024 - 3:11pm | 485Bank of America is bullish on Alibaba Group Holding Limited (NYSE:BABA) and expects a 6% spike in year-over-year revenue when the Chinese e-commerce company reports first-quarter earnings Thursday. The expected a 6% increase in revenue to 248 billion yuan is in line with analyst consensus. Analyst...
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Alibaba Stock Roars Back, Rides Dragon Tailwind On Heels Of Spring Festival Surge
Thursday, February 22, 2024 - 12:39pm | 452Alibaba Group Holding (NYSE:BABA) (NYSE:BABAF) stock has largely been out of investor favor for the past year. The stock is down over 20% in the past year, and down 2.7% year-to-date. However, the stock has recently demonstrated momentum as China kicked off its eight-day Spring Festival holiday...
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Alibaba's Restructuring Is Reenergizing Its Businesses
Friday, August 11, 2023 - 10:36am | 853On Thursday, Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) reported solid quarterly results that outperformed both top and bottom line expectations, with revenue having its strongest expansion since 2021's September quarter. Alibaba reported a...
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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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Alibaba Kicks Off 2021 'Singles Day' Global Shopping Festival: What You Need to Know
Wednesday, October 20, 2021 - 10:54am | 524Singles Day, observed on Nov. 11, is an unofficial Chinese holiday and it has evolved as the largest physical retail and online shopping day in the world. Chinese retailers capitalize on the shipping frenzy associated with the day to perk up their bottom line. Chinese e-commerce giant Alibaba...
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Is Now The Time To Buy Alibaba, Snap, Intel Or Nano Dimension Stock?
Wednesday, December 30, 2020 - 11:03am | 549One of the most common questions traders have about stocks is “Why Is It Moving?” That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why a stock is moving. Here’s why shares of Alibaba, Snap,...
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Multiple Alibaba Apps To Let Customers Order Starbucks Drinks In China
Tuesday, July 21, 2020 - 5:17am | 325Starbucks Corporation’s (NASDAQ: SBUX) customers in China will be able to order drinks on multiple platforms run by Alibaba Group Holding Ltd (NYSE: BABA), the latter announced Tuesday. What Happened Alibaba said the service will be available by activating “...
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Goldman Sachs Downgrades Uxin After Huge Month
Friday, December 21, 2018 - 3:20pm | 346Uxin Ltd (NASDAQ: UXIN) stock has been on quite a run in the past month, but one Wall Street analyst said Friday the red-hot stock has run too far too fast. The Analyst Goldman Sachs analyst Ronald Keung downgraded Uxin from Buy to Neutral and raised his price target for the stock from $9.10 to $9....
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Alibaba Launches Platform To Link US Businesses With 500 Million Chinese Consumers
Monday, July 10, 2017 - 10:01am | 580On the heels of a gathering designed to connect American entrepreneurs with the Chinese market, Alibaba Group Holding Ltd (NYSE: BABA) is launching an online network to pair businesses with merchants on the commerce giant’s Taobao marketplace. The Taobao Global U.S. Merchants Network will...
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9 Most Popular Mobile Apps In China
Saturday, March 11, 2017 - 11:17am | 710Snap Inc (NYSE: SNAP) shares may finally be settling into a groove following several volatile days in its first week on the public market. With more than 158 million daily active users, U.S. investors are well aware of Snapchat’s position as one of the most popular mobile apps in the country...
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12 Questions For Alibaba's First-Ever Analyst Day
Friday, June 10, 2016 - 10:16am | 662China'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 | 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...