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Shares of Alibaba Group Holding (NYSE: BABA) were flying higher on Wednesday. The company's stock gained 1.9% as of 1:50 p.m. ET, but rose as much as 5.5% earlier in the day. The move up comes as ...
Revenue from all other segments increased by 9%, mainly due to the increase in revenue from retail businesses, including Freshippo and Alibaba Health, while adjusted EBITA was a loss of RMB 1.6 ...
On Oct. 27, 2020, Alibaba's stock reached its record high of $312.87. That was a near five-bagger gain for its initial investors, and many analysts were convinced its stock could go even higher ...
A new merchant fee gave the stock a boost. Shares of Alibaba (NYSE: BABA) were moving higher on reports that it's planning to increase a service fee for merchants. The news was enough to lift ...
The company is facing many challenges, but the long-term outlook is bright
Alibaba Group Holding Limited (NYSE:BABA) stock rose on Friday following reports of China’s trade surplus hitting a record high in June. Surging exports outpaced a surprise drop in imports ...
Shares of Alibaba (NYSE:BABA) are finally showing some strength after a prolonged and punishing pullback. BABA stock had fallen over 50% from the all-time highs reached a year ago before finding ...
Alibaba Group Holding Ltd (NYSE:BABA) stock was down Monday as China’s lackluster economic data led to a sell-off, SCMP reports. The economy also bears the brunt of the U.S. advanced ...