BABA 241122 78.00C (BABA241122C78000) Stock Options, News & Quotes

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Kuries

1 hour ago

Guangzhou Online Retail Sales Soar 11.6% YoY During Double 11

That's US$23.5 billion in online retail sales from just this one major metropolis in China.
Guangzhou's online retail sales reached RMB167.88 billion, marking an 11.6% YoY increase, according to the 2024 "Double 11" shopping festival sales data.
Among various product categories, clothing, shoes, hats, and textiles, cosmetics, as well as daily necessities ranked the top three in terms of sales. Their online retail sales amounted to RM...

Kuries

1 hour ago

Mainland investors bought up a net 28.7m more shares in Alibaba via the StockConnect over the past week as the company announced 2QFY25 results, which beat earnings expectations. Ownership by Chinese investors now at an ATH of 3.84%.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$

Kuries

2 hours ago

One of Alibaba's biggest revenue contributors is its Cainiao Smarts Logistics arm.

One of a handful of cross-border e-commerce logistics services providers, it's dedicated to serving the needs of Alibaba's customers in Taobao and TMall.
While profits have been generally growing in line with Alibaba's GMV, it's struggled to contribute to the group's profitability. However, it's also not bleeding the company - effectively breaking even while providing affordable shipping for Alibaba's customers.
...

Kuries

3 hours ago

Take a look at these two Alibaba charts. One is for its HK-listed shares $BABA-W (09988.HK)$ , while the other is for the ADR $Alibaba (BABA.US)$ .
Crazy how the ADR likes to give out these false breakdowns that don't seem to occur in the HK counter.
This is why it's always important to wait for confirmation of a move, whether bullish or bearish.

nickchhung

4 hours ago

$Alibaba (BABA.US)$ short it ...