|Bid||183.44 x 1100|
|Ask||183.37 x 800|
|Day's Range||182.27 - 183.82|
|52 Week Range||129.77 - 195.72|
|Beta (3Y Monthly)||1.87|
|PE Ratio (TTM)||52.28|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Alibaba Group (BABA) today announced a refresh of its six core values to strengthen the company culture for navigating through the fast-changing digital era. The Company unveiled its changes to the six core values on the 20th anniversary of its founding. Just as its business has evolved, the world has evolved, and the Company’s values have to evolve to remain relevant to its global workforce.
Alibaba Group’s Tmall, China’s premier B2C platform for brands and retailers, today announced its lineup of designers that will hit the runway at New York Fashion Week this September. The “Tmall China Cool” showcase will take place Wednesday, September 4th – the first day of NYFW: The Shows – and will feature a slate of Chinese designers including Peacebird, THREEGUN, RiZhuo as well as emerging designers SONGTA and i-am-chen. Tmall’s partnership with NYFW: The Shows aims to cultivate and showcase fashion talent and creative culture in China.
FingerMotion, Inc. (OTC QB: FNGR), a US fintech company with mobile payment and recharge platform operations in China, today provided a corporate update in a letter from its CEO Martin Shen to its shareholders.
Luohan Academy, an open-research initiative by Alibaba Group, celebrated its first anniversary in Hangzhou this week, gathering Nobel Laureates, renowned economists, social scientists, tech pioneers and professors from leading universities to tackle the disruptions and other issues we face from rapid digitization of the global economy. The Academy was established last year to address the economic consequences and social disruptions caused by a tech-driven economy.
Alibaba Cloud, the data intelligence backbone of Alibaba Group, today held its inaugural Middle East and Africa (MEA) Internet Summit in partnership with UAE-based Artificial Intelligence (AI) and Cloud Computing leader Group 42. Drawing the participation of tech experts and executives from the region’s top 100 internet companies, the summit took place during the Ghyma Conference 2019. Among the distinguished guests were HE Saif Mohammed Al Hajri, Chairman of the Department of Economic Development Abu Dhabi, His Excellency Mohammed Gheyath, Executive Director Information Security Operations, Abu Dhabi Digital Authority, Ibrahim Ajami, Head of Mubadala Ventures, Peng Xiao, CEO of Group 42, and Selina Yuan, President of Alibaba Cloud Intelligence International.
Alibaba Group has entered into a strategic collaboration with the municipal government of Yiwu, Zhejiang Province, China to launch an eWTP hub in Yiwu to digitize trade infrastructure and empower new trade flows for the city, which is the world’s largest wholesale market. This collaboration between Alibaba Group, operator of the world’s largest retail commerce business1, and Yiwu, one of the world’s largest offline “malls,” will make cross-border e-commerce more accessible to small players in global trade.
Alibaba Group’s (BABA) Taobao and Tmall shattered multiple records during this year’s “6.18 Mid-Year Shopping Festival,” sating a rising demand from consumers in less-developed cities for quality products. Innovative marketing campaigns and tools provided by Alibaba’s core platforms during the 18-day campaign helped more than 110 brands each generate gross merchandise volume in excess of RMB100 million. Popular among brands of all sizes, Taobao livestreaming helped generated GMV of more than RMB13 billion.
Alibaba Business School today hosted its first-ever Asian reunion for eFounders Fellowship and Alibaba Netpreneur Training Programs Graduates in Kuala Lumpur, Malaysia. Over 200 entrepreneurs and participants from Southeast Asia participated in this event to learn and network with up-and-coming entrepreneurs around the region and celebrate their success stories.
Alibaba A.I. Labs, an AI research division of Alibaba Group, today announced at CES Asia partnerships with auto brands, including Audi, Renault and Honda to drive a smart mobility initiative in China. Tmall Genie Auto, an Artificial Intelligence solution developed by Alibaba A.I. Labs, will be integrated into the automakers’ specific internet cars in China.
Alibaba Group Holding Limited today announced that it filed its annual report on Form 20-F for the fiscal year ended March 31, 2019. The annual report can be accessed under the SEC Filing section on the Company’s investor relations website at http://alibabagroup.com/en/ir/secfilings.
Alibaba Group (BABA) has kicked off this year’s “618 Mid-year Shopping Festival” from Taobao and Tmall, empowering brands and merchants to tap into China’s less-developed regions with 1.5 million new products and multiple promotional initiatives. This year’s festival aims to engage customers in emerging cities, counties and villages across China. To do so, Taobao and Tmall are boosting promotional resources to elevate excitement and help brands reach this rapidly growing market.
Alibaba Cloud, the data intelligence backbone of Alibaba Group, today unveiled more than 10 new products and features at the Alibaba Cloud APAC Summit, as well as a new accelerator program connecting technology partners with the Alibaba ecosystem. The summit showcased Alibaba Cloud’s commitment to building a more inclusive platform with proven technologies that will empower APAC customers and ecosystem partners to win in the digital era. “As the largest public cloud provider in Asia Pacific, Alibaba Cloud is speeding up digital transformation in this region by building a world-class cloud infrastructure and we have also been at the forefront of the rapid development of data intelligence.
Alibaba Cloud, the cloud computing and data intelligence arm of Alibaba Group, today announced that an additional nine partners have joined its EMEA Ecosystem Partner Program. Introduced last year, the program was developed to strengthen the collaboration between Alibaba Cloud’s customers and partners in Europe, Middle East and Africa. Alibaba Cloud has also furthered its commitment in nurturing young talents in cloud computing and big data by partnering with French local universities.
Alibaba Group Holding Limited today announced its financial results for the quarter and fiscal year ended March 31, 2019.
Alibaba Group Holding Limited today announced that it will report its unaudited financial results for the quarter and fiscal year ended March 31, 2019 before the U.S. market opens on Wednesday, May 15, 2019, and will hold a conference call to discuss the financial results at 7:30 a.m.
Tmall Global today unveiled two key initiatives that further Alibaba’s plans to bring $200 billion worth of international goods into China over the next five years and help businesses of all sizes enter the China market. The initiatives – the Centralized Import Procurement (CIP) and Tmall Overseas Fulfillment (TOF) – are import solutions offered by Tmall Global to help international brands accelerate their entry into China and capitalize on hot demand for high-quality products. As the biggest cross-border platform in China, Tmall Global not only helps brand open up flagship stores on the platform, but also offers direct import services that can help bring international goods, from companies of all sizes sell into the Chinese market, benefiting Chinese consumers with an expanded choice of imported products.
Alibaba Cloud, the cloud computing and data intelligence arm of Alibaba Group, unveiled at its Beijing Summit the new strategy to develop the company into a more technologically inclusive platform. Jeff Zhang, President of Alibaba Cloud and Chief Technology Officer of Alibaba Group, for the first time elaborated publicly on the strategic upgrade of the business – evolving to serve as a key component of the Alibaba Business Operating System, and empowering customers and ecosystem partners to win in the digital era. Cloud computing is becoming the main business focus of Alibaba Group and over the past decade Alibaba Cloud has been the technology and public cloud platform underpinning the entire Alibaba economy from e-commerce and payment, to logistics and supply chain management.
Office Depot, Inc. (ODP), a leading B2B integrated distribution company providing business services and supplies, products and technology solutions, and Alibaba.com, one of the world’s largest B2B trading platforms and an Alibaba Group (BABA) business unit, today announced a strategic collaboration. The goal of this collaboration is to empower U.S. small- and medium-sized businesses (SMBs) to grow by tapping into the global B2B e-commerce marketplace, which was most recently valued at $23.9 trillion by the U.S. International Trade Commission. This collaboration will leverage the companies’ respective strengths to serve U.S. SMBs, including Office Depot’s deep relationships with more than 10 million U.S. business customers, a dedicated sales force of approximately 1,800 sales professionals, a marketing demand engine that drives more than 450 million combined store, mobile and website visits annually, one of the largest e-commerce platforms in the U.S., a robust supply chain network that can reach nearly 99% of U.S. businesses with next day delivery, and approximately 1,350 Office Depot and OfficeMax retail locations.
Alibaba Cloud, the cloud-computing arm of Alibaba Group, today announced the Tech for Change initiative at the Mobile World Congress (MWC). The initiative calls for inspiring ideas and joint efforts from enterprises, start-ups and young entrepreneurs, to tackle global social and humanitarian challenges in areas such as education, economic development and the environment through technologies. Alibaba Cloud, which provides cloud infrastructure to transform businesses digitally, will contribute to the initiative by offering partners with access to its technology expertise, global computing resources and talent development programs including Alibaba Cloud Academy and its AI competition platform Tianchi.
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