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The Latest Breaking News from BABA

China Cracks Down Upon Tencent, Other Tech Giants Over Algo Abuse; Questions Alibaba, Others To Address Job Cuts

China looks to rein in the potential abuse of algorithms by internet giants from ByteDance Ltd to Tencent Holdings Ltd (OTC: TCEHY), Bloomberg reports. The Cyberspace Administration of China looks to inspect how social media platforms serve up ads and content to hook users, especially the large-scale websites, platforms, and products with significant influence.…

Benzinga

Here's Why Alibaba, Tencent Are Slumping For A Third Straight Day In Hong Kong Today

Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc.

Benzinga

Yet Another Analyst Slashed Alibaba's Price Target, Outlook Following China's Covid Outbreak

Benchmark analyst Fawne Jiang reduced the price target on Alibaba Group Holding Ltd (NYSE:BABA) to $220 from $235 (104.3% upside) and kept a Buy rating on the shares. Jiang cut her fiscal Q4 revenue forecasts in China commerce direct sales to reflect the disruption of offline businesses due to COVID lockdowns. Jiang lowered International Retail…

Benzinga

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Why Alibaba, Nio And Pinduoduo Shares Are Falling Today

Alibaba Group Holding Ltd (NYSE: BABA), NIO Inc (NYSE: NIO) and Pinduoduo Inc (NASDAQ: PDD) shares are trading lower Thursday

Benzinga

This Major Alibaba Investor Has Tripled Stock Buyback To $1.1B

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) bought ¥141.4 billion ($1.1 billion) worth of shares in March, versus ¥46.2 billion of shares in February, more than tripling the size of its share buybacks. The buyback, coupled with a 7.6% jump in Alibaba Group Holding Ltd's (NYSE:BABA) shares, helped SoftBank cap a monthly stock-price gain of 8.5%, a…

Benzinga

Why Alibaba And Other Stocks Are Plunging In Hong Kong Today

Shares of U.S.-listed Chinese tech companies — Alibaba Group Holdings Ltd.

Benzinga

Where Alibaba Group Holding Stands With Analysts

Alibaba Group Holding (NYSE:BABA) has observed the following analyst ratings within the last quarter:

Benzinga

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Citi Slashes Alibaba's Price Target By 12% As COVID Resurgence Looks To Dampen Growth

Citi analyst Alicia Yap lowered the price target on Alibaba Group Holding Ltd (NYSE:BABA) to $177 from $200 (59.5% upside) and kept a Buy rating on the shares. Amid the widening spread of COVID cases and city lockdowns, the analyst thinks overall economic activities in China have been negatively affected, which has drained Alibaba's profit…

Benzinga

Jack Ma, Warren Buffett Backed Paytm Looks To Breakeven Soon: Bloomberg

Paytm, backed by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) and Alibaba Group Holding Ltd's (NYSE:BABA) fintech affiliate Ant Group, looks to break even on an operating basis over the next year-and-a-half, Bloomberg reports. The Indian digital payments pioneer doubled its gross merchandise value to $34.3 billion in the March quarter. Paytm looks to become profitable in…

Benzinga

Alibaba Down 4.5%, JD Down 4.9%: What's Driving Hong Kong Markets Lower Today

Shares of U.S.-listed Chinese tech companies — Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc.

Benzinga

Alibaba Stock Provides A Trade For Bulls, Bears: Here's How To Trade This Pattern

Alibaba Group Holdings, Ltd (NYSE: BABA) was trading over 5% lower on Tuesday amid an ongoing COVID-19 surge in China that has been met with intensifying restrictions, lockdowns in cities across the country and workplace closures.

Benzinga

Alibaba Group Holding Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 29 strange trades.

Benzinga

Why Alibaba, Baidu And Nio Shares Are Trading Lower

Shares of several Chinese stocks including Alibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU) and Nio Inc (NYSE: NI

Benzinga

Why Alibaba, Nio And Other Stocks Are Not Trading In Hong Kong Today

Shares of Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTCMKTS: TCEHY), Baidu Inc. (NASDAQ:

Benzinga

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news in one place.

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Benzinga

Why Alibaba, Nio And Pinduoduo Shares Are Trading Higher Today

Shares of several Chinese stocks, including Alibaba Group Holding Ltd (NYSE: BABA), NIO Inc (NYSE: NIO) and Pinduoduo Inc (NASDAQ:

Benzinga

Why Alibaba, Nio Could See Relief From Regulatory Overhang On Chinese Stocks

After the steep drop seen in U.S.-listed Chinese stocks amid delisting fears, China has shown willingness to arrive at a resolution.

Benzinga

Alibaba Group Holding Whale Trades For April 01

Someone with a lot of money to spend has taken a bullish stance on Alibaba Group Holding (NYSE:BABA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Why Alibaba, Nio And Pinduoduo Shares Are Rising Today

Shares of several Chinese stocks, including Alibaba Group Holding Ltd (NYSE: BABA), Nio Inc (NYSE: NIO) and Pinduoduo Inc (NASDAQ:

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news in one place.

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Benzinga

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Benzinga

22 Chinese Stocks To Watch Amid Compliance Dispute: Alibaba, Didi And More

Chinese stocks are getting crushed in Thursday's session. Here's what you need to know.

Benzinga

SoftBank Goes Defensive On Investments Following Tech Meltdown

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) founder Masayoshi Son looked to slow down investments to raise cash amid the tech stock meltdown and China's regulatory crackdown the Financial Times reports. Rising interest rates and the Ukraine crisis have ravaged its holdings. SoftBank also suffered due to considerable holding in Alibaba Group Holding Ltd (NYSE:BABA) and DiDi…

Benzinga

Baidu, iQIYI Explore Options After US SEC Added Them To Provisional List Pending Audit Review

Baidu Inc (NASDAQ:BIDU) explored options after the U.S. SEC added the Chinese search engine giant to a list of companies that faced delisting concerns, Reuters reports. Beijing refused to permit U.S. officials to review their auditors' work, Bloomberg reports. A 2020 U.S. law mandated a three-year clock for firms to comply with inspection…

Benzinga

Why Alibaba And Tesla Rivals Xpeng, Li Auto Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Thursday, dragging the benchmark Hang Seng Index into negative territory after three straight days of gains.

Benzinga

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

StockNews.com

Vipshop Holdings vs. Alibaba: Which Chinese Internet Retail Stock is a Better Investment?

Today I'll analyze and compare Vipshop Holdings (VIPS) and Alibaba Group (BABA) to determine which Chinese e-commerce stock is currently a better investment.

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