|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||200.72 - 204.80|
|52 Week Range||129.77 - 204.80|
|Beta (3Y Monthly)||2.25|
|PE Ratio (TTM)||58.52|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Manchester United (NYSE: MANU) – one of the most popular and successful sports teams in the world - today announced a new partnership with Alibaba Group (NYSE: BABA and HKEX: 9988) that will bring exclusive rights to club content in China to Alibaba’s ecosystem for the first time, further extending the club’s engagement with its massive Chinese fanbase.
Today H. E. Ethiopian Prime Minister Abiy Ahmed, Alibaba Group founder Jack Ma, and Alibaba Group Director and Ant Financial Services Group Chairman and CEO Eric Jing witnessed the signing of three Memoranda of Understanding (MoU) between the Ethiopian Government and Alibaba establishing an eWTP Hub in Ethiopia. The eWTP (electronic world trade platform) Hub is intended to enable cross-border trade, provide smart logistics and fulfillment services, assist Ethiopian small and medium-sized enterprises (SMEs) to reach China and other markets, and provide talent training. Ethiopia aims to build a dynamic and growing digital economy that contributes significantly to overall economic growth in the country.
The final offer price for both the international offering and the Hong Kong public offering (the “Offer Price”) has been set at HK$176 per Share. The Company has set the Offer Price by taking into consideration, among other factors, the closing price of the ADSs on November 19, 2019 (the latest trading day before pricing).
The Company’s American depositary shares (“ADSs”), each representing eight ordinary shares of the Company, will continue to be listed and traded on the New York Stock Exchange (“NYSE”). Upon listing in Hong Kong, the Hong Kong-listed shares will be fully fungible with the ADSs listed on the NYSE.
Alibaba Group Holding Limited announced that it generated RMB268.4 billion of gross merchandise volume on November 11, 2019, an increase of 26% compared to 2018.
Alibaba Group Holding Limited (BABA) today kicked off the 2019 11.11 Global Shopping Festival at midnight in China. In the first minute and eight seconds, GMV settled through Alipay reached US$1.0 billion (RMB7.0 billion). In the first hour, GMV settled through Alipay reached US$12.0 billion (RMB84.0 billion).
Alibaba Cloud, the data intelligence backbone of Alibaba Group, and Animal Logic, one of the world’s leading independent creative digital studios, have announced a partnership to meet the growing and demanding requirements of media production. Animal Logic has started backing-up its on-premise production content onto Alibaba Cloud’s world-class computing platform. Through this partnership, the parties hope to drive efficiencies of media production by utilising more cloud computing technologies.
TuanChe Limited ("TuanChe" or the “Company”) (TC), a leading omni-channel automotive marketplace in China, today announced that it has signed a strategic partnership with Tmall Auto, the automotive arm of Alibaba Group’s (BABA) Tmall, China's largest e-commerce platform for brands and retailers. This partnership will further enable both TuanChe and Tmall Auto to collaborate and explore additional growth opportunities along China’s automotive transaction value chain.
Alibaba Group Holding Limited (BABA) today kicked off its 2019 11.11 Global Shopping Festival, taking the annual celebration into its second decade with a focus on “new consumption,” “new business” and actively contributing to a greener society. “Our goal is to stimulate consumption demand and support lifestyle upgrade in China through new brands and products.
Alibaba Group Holding Limited today announced that it will report its unaudited financial results for the quarter ended September 30, 2019 before the U.S. market opens on Friday, November 1, 2019, and will hold a conference call to discuss the financial results at 7:30 a.m.
Genius Brands International “Genius Brands” (GNUS) announced today it has formed a strategic co-production partnership with Alibaba Group’s (BABA) video streaming platform, Youku, to co-produce the all-new children’s animated series, Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger. Genius Brands and Alibaba’s Youku will co-produce 52 x 11 episodes of the comedy, action-adventure series, which will be available to Chinese audiences on Youku.
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.