Alibaba (BABA) to Take $4.6B Stake in Consumer Electronics Giant Suning
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Alibaba (BABA) Shares Slump Ahead of Q1 Report
August 11, 2015 2:34 PM EDTAlibaba (NYSE: BABA) shares are trading to a 52-week low Tuesday ahead of the company's FQ1 earnings report, which is expected out before markets open tomorrow.
Consensus estimates are looking for Alibaba to post FQ1 EPS of $0.58 with revenue of $3.39 billion, versus EPS of... More
JD (JD) Declines After Alibaba (BABA), Suning Enter Strategic Alliance
August 10, 2015 11:13 AM EDTJD.com (NASDAQ: JD) declined Monday, falling 5% intraday after Alibaba (NYSE: BABA) said it will invest approximately RMB28.3 billion (US$4.63 billion) for a 19.99% stake in Suning, one of the largest consumer electronics retail chains in China.
Commenting on the development, analyst Alan Hellawell III of Deutsche Bank said, "The... More
Alibaba inks exclusive tie-ups with global brands to sell in China
August 6, 2015 3:40 PM EDTBy Mari Saito
SAN FRANCISCO (Reuters) - Alibaba Group Holding Ltd has signed exclusive partnerships with more than 20 apparel brands including Zara and Timberland, the Chinese e-commerce giant said on Thursday, the latest step to woo big international brands as it competes with rivals such as JD.com Inc.
Alibaba said its fast-growing online marketplace Tmall.com will become the only third-party online sales platform for the apparel brands in China. The Hangzhou, China-based company did not... More
