Alibaba Group Establishes Sports Group
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Cantor Fitzgerald Cuts Price Target on Alibaba (BABA) Following Investor Conference
September 9, 2015 7:30 AM EDTCantor Fitzgerald maintained a Buy rating on Alibaba (NYSE: BABA), and cut the price target to $88.00 (from $95.00), following an investor conference. Comments made by the company indicated that GMV growth is seeing negative impact on consumer spending as a result of ongoing macro weakness in... More
Alibaba (BABA) Announces Formation of Alibaba Sports Group (SINA)
September 9, 2015 6:59 AM EDTAlibaba (NYSE: BABA) announced that it has established Alibaba Sports Group together with Sina Corporation (Nasdaq: SINA) and Yunfeng Capital to transform Chinas sports industry through Internet-enabled technologies.
Alibaba Sports Group will be majority-owned by Alibaba Group. Daniel Zhang, Alibaba Groups chief executive officer, will serve as chairman of Alibaba Sports Group. Zhang Dazhong, the former vice president of Shanghai Media Group, will serve as Alibaba Sports Groups chief executive officer.
Alibaba Sports Group aims to... More
