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Alibaba’s second-quarter fiscal 2025 revenue reached 236.5 billion Chinese yuan, a 5% increase year-over-year but falling short of consensus estimates of 239.4 billion Chinese yuan.
JPMorgan Chase & Co and Morgan Stanley analysts cut their price target for Alibaba Group Holding Limited (NYSE: BABA), turning more pessimistic about the Chinese e-commerce giant on sales concerns.
Alibaba (NYSE: BABA) is sometimes known as the Amazon of China, but it comes at a lower valuation. Stock prices used were the afternoon prices of Dec. 1, 2024. The video was published on Dec. 3, 2024.
The four sets of bonds were $1.5 billion of both 10-year and 30-year debt along with $1 billion of bonds due in 20 and 40 years. The 20-year bonds were designated as sustainability notes. [61] [62] [63]
Similarly, shares of Chinese e-commerce giants like Alibaba , PDD Holdings , and JD.com have surged over that same period, up more than 30%, 50%, and 60%, respectively, despite losses of 9%, 8% ...
Chinese e-commerce company and tech behemoth Alibaba Group Holdings Ltd's (NYSE: BABA) shares dropped in 6.67% in Hong Kong as of press time on Monday. This followed the company announcing plans ...
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In a major move, Alibaba Group Holding Ltd (NYSE:BABA) slashed prices on its artificial intelligence services by up to 97%, prompting immediate reactions from competitors Baidu Inc (NASDAQ:BIDU ...
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