Alibaba Establishes E-Commerce Business Group. Why It Matters

Barron'sNov 21 07:52 ET

JPMorgan: Alibaba still has considerable user growth potential with revenue growth expected to accelerate.

JPMorgan recently released a report stating that Alibaba's latest financial report has boosted their confidence, indicating that Taobao is the only enterprise among China's large e-commerce platforms that still has considerable user growth potential. They believe that Alibaba's e-commerce transactions and customer management revenue are expected to accelerate in the next quarter. On November 15, Alibaba Group released its Q2 fiscal year 2025 financial report, with quarterly revenue of 236.503 billion yuan, a 5% year-on-year growth, in line with market expectations. In response, JPMorgan's report stated that the main reason for the GMV growth this quarter is the weak macro environment, and it is expected that GMV in the December quarter will

Gelonghui Finance44minutes ago

Haitong sec: The macro environment is improving. Focus on mergers and acquisitions in the retail industry. Low PB companies may welcome valuation recovery.

Recently, the market's attention has shifted towards mergers and acquisitions and low PB, the bank has sorted out the relevant targets in the retail sector with progress, divided into two categories: first, changes in major shareholders, which may enhance merger and reorganization expectations; second, the company itself has merger and reorganization related activities.

Zhitong Finance22:45 ET

Alibaba-W spent 39.9934 million USD to repurchase 3.68 million shares on November 20.

Alibaba-W (09988) announced on November 20, 2024, to spend $39.9934 million to repurchase 3.68 million shares.

Sina Hong Kong stocks18:54 ET

Hong Kong stock morning report on November 22: Zhu Hexin stated that the interconnection between the mainland and Hong Kong markets will continue to deepen. Alibaba integrates domestic and foreign e-commerce to establish an e-commerce business group.

① Zhu He Xin stated that the interconnectivity between the mainland and Hong Kong markets will continue to be deepened. ② The navy's hainan and changsha ships formed a fleet to visit Hong Kong for five days. ③ Alibaba has integrated domestic and international e-commerce to establish an e-commerce business group. ④ Baidu disclosed that the monthly active users of its document library AI feature have increased by over 300% year-on-year.

cls.cn18:48 ET

The CEO of the e-commerce business group at alibaba (09988) sent an internal letter: at 25 years old, alibaba still needs to have an entrepreneurial mindset.

On November 21, alibaba Group (09988, BABA.US) CEO Wu Yongming released an email to all employees, announcing the establishment of the alibaba e-commerce business group, which will be led by Jiang Fan and report directly to Wu Yongming.

Zhitong Finance18:25 ET