Alibaba Group Holding Limited (BABA)
Market Cap | 184.25B |
Revenue (ttm) | 130.82B |
Net Income (ttm) | 14.10B |
Shares Out | 2.55B |
EPS (ttm) | 5.38 |
PE Ratio | 13.65 |
Forward PE | 8.05 |
Dividend | $1.00 (1.36%) |
Ex-Dividend Date | Dec 20, 2023 |
Volume | 7,774,488 |
Open | 73.42 |
Previous Close | 73.42 |
Day's Range | 73.33 - 74.02 |
52-Week Range | 66.63 - 105.05 |
Beta | 0.47 |
Analysts | Strong Buy |
Price Target | 123.18 (+67.55%) |
Earnings Date | Feb 7, 2024 |
About BABA
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others. It operates Taobao, a digital retail platform; Tmall, a third-party online and mobile... [Read more]
Financial Performance
In 2022, BABA's revenue was 868.69 billion, an increase of 1.83% compared to the previous year's 853.06 billion. Earnings were 72.51 billion, an increase of 17.03%.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for BABA stock is "Strong Buy." The 12-month stock price forecast is $123.18, which is an increase of 67.55% from the latest price.
News
AliExpress Levels Up Experience for U.S. Customers with Updated Shopping Guarantees and a Redesigned Mobile App
The updates roll out just in time for the brand's 14th Anniversary Sale, with deals up to 70% off from March 18 through March 27 LOS ANGELES, March 18, 2024 /PRNewswire/ -- AliExpress, an internationa...
Alibaba, JD.Com, Other China Stocks Rise. Why Economic Data Point to More Gains.
China's industrial output grew 7% year-over-year in the first two months of 2024, the fastest growth in two year.
Chinese Stocks Rallied. Why Caution on Alibaba and Others Is Still Warranted.
U.S.-China tensions could weigh on earnings for Chinese tech stocks like Alibaba, according to an analyst.
EC Deepens Investigation of AliExpress Compliance With Digital Services Act
The European Commission (EC) has opened formal proceedings to determine whether AliExpress breached requirements of the Digital Services Act.
EU probes AliExpress over possibly illegal online products
Alibaba's AliExpress could face a hefty fine after the European Commission on Thursday opened an investigation into dissemination of potentially illegal and pornographic materials, the third such prob...
EU launches probe into AliExpress over pornography on platform
Alibaba Group Holding Ltd (NYSE: BABA) is in focus today after the European Commission launched a probe into its eCommerce platform – AliExpress. Did AliExpress violated the Digital Services Act?
AliExpress is first online marketplace to face DSA investigation by EU
The European Union has opened its third formal investigation of a very large platform under the Digital Services Act (DSA), with China's AliExpress earning itself the dubious honor of being the first ...
EU opens probe into Alibaba's AliExpress over illegal content, pornography on platform
EU opens probe into Alibaba's AliExpress over illegal content, pornography on platform
Alibaba plans to invest $1.1 bln in South Korea, Yonhap reports
Alibaba Group plans to invest $1.1 billion in South Korea over the next three years to build a logistics center and expand businesses, South Korean news agency Yonhap reported on Thursday.
Alibaba's Media Arm To Invest $640 Million In Hong Kong Entertainment Industry
The entertainment and media arm of Chinese tech giant Alibaba Group Holding will deploy at least HK$5 billion ($640 million) over the next five years to promote the development of Hong Kong's entertai...
Alibaba's Media Arm to Invest $640 Million in Hong Kong Entertainment
Alibaba Group's media and entertainment arm will invest in movies, television dramas and creative events in Hong Kong over the next five years.
Alibaba's Lingxi Games says management to step down to make way for younger execs
Lingxi Games, Alibaba Group's video games arm, has told staff its leadership team will step down to make way for younger management, according to an internal memo.
Alibaba could get a big boost from NPC policies to spur consumer spending: Analyst
David Riedel of Riedel Research Group shares stocks he thinks will benefit from policies coming from China's National People's Congress.
South Korea probes data protection by e-commerce platforms like AliExpress, Temu
South Korea's personal data protection watchdog said on Thursday it is looking into consumer data practices of major overseas shopping platforms, as South Korean use of Chinese e-commerce platforms li...
Alibaba Releases Report on Cross-Border Trade's Positive Impact on the U.S. Economy
New report quantifies the positive economic impacts of cross-border trade conducted by businesses leveraging Alibaba platforms, tools and solutions NEW YORK , March 6, 2024 /PRNewswire/ -- Alibaba Gro...
Alibaba to Invest in China AI Firm MiniMax at $2.5 Billion Valuation
Bloomberg has learned that Chinese e-commerce giant Alibaba Group Holding Ltd. is spearheading its second major deal in the artificial intelligence space this year.
Giant Pension Bought Apple, Microsoft, Tesla, and Alibaba Stock Ahead of 2024
Canada Pension Plan, one of the largest in the world, doubled its investment in Apple stock, initiated a position in Alibaba, and bought more Microsoft and Tesla.
Key competitors to Baidu's cloud business are not Alibaba or Tencent: Analyst
Shawn Yang of Arete Research says that Baidu is "still doing better" than Alibaba or Tencent when it comes to AI development.
Alibaba.com's Annual March Expo Highlights Small Business Sourcing Trends and Rolls Out More Guaranteed Services
NEW YORK , Feb. 29, 2024 /PRNewswire/ -- Alibaba.com , a leading platform for global business-to-business (B2B) e-commerce and part of Alibaba International Digital Commerce Group, today released new ...
AliExpress Marks Choice Anniversary with Deals and New Ambassadors
SINGAPORE , Feb. 29, 2024 /PRNewswire/ -- AliExpress, an international online retail marketplace under Alibaba International Digital Commerce Group, is celebrating the first anniversary of its Choice ...
Alibaba Cuts China Cloud Prices to Rekindle Division's Growth
Alibaba Group will cut cloud product prices in China to boost a promising division whose sales have slowed in recent quarters amid rising competition.
China's Alibaba Cuts Cloud Service Price to Super AI Business
Chinese internet pioneer Alibaba Group Holding Ltd. is rolling out its second major cost cuts for cloud services in years.
Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China
The move aims to make "cloud capabilities more inclusive and accessible in the era of AI," said Alibaba Cloud on Thursday.
China's Alibaba Cloud rolls out price cuts of up to 55% on cloud products
China's Alibaba Cloud said on Thursday it will cut prices on its cloud service products by an average of 20% in its second large-scale price adjustment programme in recent years.
Alibaba Leads Record Deal to Create $2.5 Billion China AI Firm
Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, joining Tencent Holdings Ltd.