Alibaba ($Alibaba (BABA.US)$$BABA-W (09988.HK)$) is expected to show strength in its cloud and e-commerce units for the December quarter, with Nomura projecting 10% cloud revenue growth and 4% growth for Taobao and Tmall. Customer management revenue is forecast to rise 6%, improving from 2.5% in the September quarter. Nomura maintains a buy rating with a US$130 target price for its ADRs. Alibaba’s earnings report is scheduled for...
$BABA-W (09988.HK)$Lets hope BABA can rise to 90. So far it has heen trading in a tight range from 78-85. In fact today is considered very good already. Hopefully this time round the cycle is broken and goes all the way up.
Alibaba’s earnings report is scheduled for...
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