BABA Jun 2024 10.000 put
- Zacks
New Strong Sell Stocks for May 23rd
BABA, CALB and FSRL have been added to the Zacks Rank #5 (Strong Sell) List on May 23, 2024.
- Bloomberg
Alibaba Is Considering Convertible Bond Sale, Following JD.com
(Bloomberg) -- Alibaba Group Holding Ltd. is considering selling convertible bonds to raise about $5 billion, people familiar with the matter said, following a $1.75 billion offering by rival Chinese online retailer JD.com Inc. this week.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashUS Justice Department to Seek Breakup of Live Nation-Ticketma
- South China Morning Post
China's 618 shopping festival: Alibaba touts early sales after withholding data last year, a sign of brighter outlook
Alibaba Group Holding and other e-commerce operators have released encouraging early sales data from their midyear 618 promotions - China's biggest shopping season after Singles' Day, and a bellwether of consumer sentiment in the world's second-largest economy. Four hours after Alibaba's Taobao and Tmall shopping platforms launched their sales event at 8pm on Monday, 59 brands each saw their gross merchandise value (GMV) - the value of goods sold - surpass 100 million yuan (US$13.8 million), whi
