Alibaba's (BABA) Price Target Raised to $102 at Deutsche Bank

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Go back to Alibaba's (BABA) Price Target Raised to $102 at Deutsche Bank

Alibaba Group Announces December Quarter 2015 Results

January 28, 2016 6:56 AM EST

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended December 31, 2015.

Alibaba Group had an outstanding quarter, reaching a milestone of over 400 million annual active buyers and continuing our unrivaled leadership in mobile. Our proven ability to deliver an unparalleled consumer experience and to help merchants attract, engage and retain buyers will drive future growth in our core business, said Daniel Zhang, Chief Executive Officer of Alibaba Group. We remain focused on our top strategic priorities, including global imports, rural expansion, increasing our footprint in... More