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Alibaba Group Holding Ltd. ADR Value Stock - Dividend - Research Selection

Alibaba adr

ISIN: US01609W1027 , WKN: A117ME

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Internet


Description of the company

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People\'s Republic of China and internationally. The company operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. It operates Taobao Marketplace, a mobile commerce destination; Tmall, a third-party platform for brands and retailers; Rural Taobao program that enables rural residents and businesses to sell agricultural products to urban consumers; Juhuasuan, a sales and marketing platform for flash sales; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace. The company also provides pay-for-performance and display marketing services through its Alimama marketing technology platform; and Taobao Ad Network and Exchange, a real-time bidding online marketing exchange in China. In addition, it offers cloud computing services, including elastic computing, database, storage and content delivery network, large scale computing, security, and management and application services, as well as big data analytics and a machine learning platform through its Alibaba Cloud Computing platform; Web hosting and domain name registration services; and payment and escrow services, as well as develops and operates mobile Web browsers. The company provides its solutions primarily for businesses. Alibaba Group Holding Limited has strategic collaborations with Driscoll\'s and Thai Union/Chicken of the Sea to launch their food products to China; and a collaboration agreement with The Hong Kong Polytechnic University. The company was founded in 1999 and is based in Hangzhou, the People\'s Republic of China.

The Finanzoo GmbH assumes no liability for the accuracy of the information! All information is provided without warranty. Sources:: www.bundesanzeiger.de, www.sec.gov,


NEWS


Alibaba Raises $317 Million From Sale of Stake in EV Maker XPeng

2024-03-20
(Bloomberg) -- Alibaba Group Holding Ltd. raised $317 million from the sale of about 33 million of US-traded shares of XPeng Inc., a person familiar with the matter said.Most Read from BloombergTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamWhat Happens If Trump Can’t Post His $454 Million BondFed to Give Fresh Clues on Path of Interest-Rate CutsUltra-Wealthy Are Souring on Chicago’s Most Elite NeighborhoodSam Bankman-Fried Says 50-Year Sentence Only Suitable for a ‘Super Vil

PDD Stock Pares Gains After Temu Parent’s Huge Earnings Beat. What It Means for Alibaba.

2024-03-20
The owner of online retailer Temu reports fourth-quarter earnings of $2.41 a share on revenue of $12.4 billion, well ahead of Wall Street expectations.

Tencent Doubles Buybacks to Over $12.8 Billion as Sales Miss

2024-03-20
(Bloomberg) -- Tencent Holdings Ltd. plans to more than double its stock buyback program to at least $12.8 billion in 2024, mollifying investors concerned about a gradual dissipation of growth during a Chinese economic downturn.Most Read from BloombergTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamWhat Happens If Trump Can’t Post His $454 Million BondUltra-Wealthy Are Souring on Chicago’s Most Elite NeighborhoodUS Weighs Sanctioning Huawei’s Secretive Chinese Chip NetworkAppl

Is Pinduoduo Stock a Better Buy Than Alibaba?

2024-03-20
Last quarter's results were much better than expected.

Alibaba unit said to sell 33M XPeng ADRs to raise $316.8M, Bloomberg reports

2024-03-20
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Alibaba's AliExpress Sees Order Surge with New 5-Day Delivery to the US, Expanding Global Reach

2024-03-20
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Huawei's Ambitious AI Chip Developments Trigger Potential US Sanctions on Chinese Firms

2024-03-20
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PDD soars over 10% on Q4 beat as transaction services revenue grows

2024-03-20
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Tencent sees Q4 revenue miss amid weak domestic games' sales, plans to double stock buyback

2024-03-20
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Mastercard Targets Over a Billion Users in China - Joins with Alibaba's Ant Group Affiliate Alipay for Instant Cross-Border Payments

2024-03-19
Mastercard Inc (NYSE:MA) is enhancing its capabilities in cross-border remittances by partnering with Alipay, the mobile payments powerhouse affiliated with Alibaba Group Holding Limited (NYSE:BABA) affiliate Ant Group Co. This collaboration marks an expansion of Mastercard’s existing relationship with Alipay and introduces the ability for consumers to transfer and receive funds in their digital wallets almost instantly. Alipay serves a vast consumer base of over a billion people in China, posit