Latest news on $Alibaba(BABA.US)$

$Netflix(NFLX.US)$ shares have risen more than 10% in the last two weeks, despite the sale in the broader market, including big names like $Facebook(FB.US)$, Apple, Amazon and Google. A few days ago it reached a new all-time high of $ 646.
The rise in share price comes as its new Squid Game series gains popularity around the world. The series has quickly become the most watched series in at least 90 countries. The streaming giant has seen a surge in app downloads after the series began. The survival thriller earned an impressive 100% “Fresh” on the Rotten Tomatoes website.
What you need to know

Last week,   $Lululemon Athletica(LULU.US)$  share price spiked 12% after it announced its 2nd quarter results.
What you need to know

In the past two weeks, China stocks have been decimated across the world, in particular, their education stocks and their technology stocks. $Gaotu Techedu(GOTU.US)$  has seen its shares plunge from US $149 to US $2.50 in the past 6 months. Other popular tutoring businesses like $New Oriental(EDU.US)$ have also seen a flee of money.
Learn more

What you need to know about $Amazon(AMZN.US)$

What you need to know about $DiDi Global (Delisted)(DIDI.US)$

$Microsoft(MSFT.US)$ market capitalisation hits $2 trillion for the first time in the history after it announced its major Windows update.
Learn more

What you need to know
In a recent interview on $Alibaba(BABA.US)$’s e-zine alizila, Fabrice Megarbane, president of L’Oreal North Asia and CEO of L’Oreal China, shared how they used Tmall’s user analytics to create a new product for the market.

$KUAISHOU-W(01024.HK)$’s share price tumbled more than 11% after the announcement of their first quarter earnings report. This has widened its year till date’s decline to more than 50% after reaching a peak in February of HK$418.
Continue reading

$JD.com(JD.US)$’s DADA, a Lower-Tier city focused delivery service, brought in strong Net Revenues of 1.7 Billion Yuan (US $265 million) for the quarter ending March 31st.
DADA is 51% owned by JD.com after a recent top up investment of US$ 800 million in March.DADA and JD Daojia’s merged entity DADA-JD Daojia (JDDJ) is providing grocery deivery services in 1,500 cities, districts, and counties across lower tier markets.
What does this mean for JD.com...