Brean Capital Reiterates Buy on Alibaba (BABA) Following Earnings Report

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Alibaba Showcases Innovation in Internet of Things (IoT) and Consumer Electronics During 2016 11.11 Global Shopping Festival

November 3, 2016 7:33 AM EDT

Beats by Dr. Dre, iRobot, Leica and Dyson among many world-renowned electronic brands to launch new products through Tmall during 11.11

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group (NYSE: BABA) today announced its plans to bolster Tmalls position as the leading ecosystem for the most cutting-edge IoT products, and the go-to platform to drive consumer adoption of a technology-enabled lifestyle. As part of the initiative, Tmall will showcase its prowess in the consumer technology category during the 11.11 Global Shopping Festival by debuting new products from some of the... More

Alibaba Group Announces September Quarter 2016 Results

November 2, 2016 6:57 AM EDT

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended September 30, 2016.

Alibaba Group had a great quarter. Our results reflect our increasing ability to monetize our 450 million mobile users through new and innovative social commerce experiences, said Daniel Zhang, Chief Executive Officer of Alibaba Group. Beyond the strong performance of our core commerce business, we are pleased with the continued rapid growth of our cloud computing business. We also see huge potential in our newly integrated digital media and entertainment unit. By combining engaging online... More

Alibaba Turns Up Excitement with 2016 11.11 Global Shopping Festival Countdown Gala Details

November 1, 2016 10:03 AM EDT

The highly interactive event to be filled with international stars

BEIJING--(BUSINESS WIRE)-- Alibaba Group (NYSE: BABA) tonight revealed more features and highlights of its eagerly awaited 2016 11.11 Global Shopping Festival Countdown Gala, including a whole raft of interactive entertainment programs and an exciting line-up of special guests including basketball player Kobe Bryant and popular band OneRepublic. There will also be some surprise guests on the night bringing even more excitement to the event that is expected once again to draw the attention of a global audience.

Performers... More