Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce.
In this presentation I discussed “Turnaround Tom’s Top Picks for 2025.” The problem with the presentation is it’s like asking “which is your favorite child?” There is no answer as you love them all equally.
Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) is set to sponsor the upcoming Lunar Year Spring Festival Gala as it steps up efforts to woo budget-conscious consumers. With Alibaba looking to boost its growth rate in a struggling economy filled with competing firms, sponsoring one of the world’s most-watched broadcasts is sure to do some good. Hundreds of millions of viewers watch the Spring Festival Gala every Lunar New Year’s Eve, making it the most-watched event in China .
In today’s article, we’ll examine the recent performance of Alibaba Group through the lens of Elliott Wave Theory. We’ll review how the rally from the November 22, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move.
US-listed Chinese stocks hit by weak trade data, geopolitical tensions and skepticism over stimulus measures. PDD Holdings Inc. fell 4% after Monday's surge.
Jack Ma Returns to Ant Group's 20th Anniversary Celebration After Three Years Jack Ma made his first public appearance at Ant Group's 20th anniversary event, marking his return after the 2020 IPO setback. He expressed optimism about the future of Ant Group, which is pushing forward with AI innovations and strong global growth. Ant's mobile payment platform, Alipay+, now links 90 million merchants in 66 markets, with a threefold increase in cross-border transactions in 2024.
Chinese stocks rose ahead of China's key policy meeting this week. The government plans to discuss financial goals and stimulus measures to boost consumption.
Amazon is the first company to offer same-day drone delivery, with subjects tested in Arizona before expanding. Wall Street and institutions are bullish
ByteDance, TikTok's parent company, has emerged as Nvidia's largest chip buyer in Asia, surpassing Alibaba and Baidu, as it aggressively invests in AI infrastructure and talent to dominate China's generative AI market amidst U.S. restrictions and a potential TikTok ban.
US-listed Chinese stocks are trading higher ahead of China's key policy meeting in the upcoming week, as investors anticipate more stimulus measures to drive the economy and beat potential US tariffs. BABA, JD, BIDU, NIO, LI, and XPEV all saw gains.
