On January 21, Alibaba-W (09988.HK) spent 9.996 million USD to repurchase 0.936 million shares.
According to a notification from Gelonghui on January 22, Alibaba-W (09988.HK) announced that on January 21, it spent 9.996 million dollars to repurchase 0.936 million shares.
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[Brokerage Focus] BOCOM INTL pointed out that the e-commerce growth rate is steady in the fourth quarter, with the trade-in program driving accelerated growth in the home appliance Industry in December.
Jingwu Financial News | BOCOM INTL stated that in the fourth quarter, the physical e-commerce adjusted year-on-year growth is 3.5% (compared to 6.2% in the third quarter). The bank estimates the full-year GMV growth for 2024: Industry (+7%) / Alibaba (+6%) / JD.com (+7%) / PDD Holdings (+18%) / Kuaishou (+17%). 1) Alibaba Taotian: The incremental contribution of technical service fees and the penetration of full-site products will lead to stable CMR growth. 2) PDD Holdings: National subsidy policies primarily benefit platforms centered on self-operated/official flagship stores, increasing subsidies to maintain product price competitiveness may have a certain impact on profit growth expectations. 3) JD.com.
