Alibaba pleased Wall Street with Q3 earnings figures coming in over expectations and a revised outlook for full-year growth denoting a highly positive perspective on the future. That large growth vision is seemingly pushed by expansion in two major areas: Chinese shopper spending and Alibaba’s...
Investors weren’t too keen on Alibaba’s latest earnings, pushing shares downward as a result. Alibaba reported EPS of $0.63 for its fourth fiscal quarter, below expectations of $0.66. This miss brought Alibaba (BABA) shares down the morning of the release. Pre-market trading saw value trending...
eCommerce giant Alibaba Group Holding found continued strength in spending by Chinese consumers helped lift fiscal third-quarter results. Revenues were up 54 percent in the period to 53 billion yuan, compared to the 50 billion yuan that had been expected by analysts’ consensus (translating into...
One year ago, when Alibaba announced its fiscal year 2015 results for its March quarter, it also named its new CEO, showing the direction the mobile-focused company would be headed. And during its quarterly earnings report yesterday (May 5), Alibaba showed just how dominating its mobile...
May 07, 2018
As Alibaba looks beyond eCommerce to expand its empire, some investors are getting nervous: Since January, the eCommerce retailer has lost approximately $60 billion in market value, The New York Times reported. On Friday (May 4), Alibaba reported a profit that was almost 30 percent below that of its last quarter — the first time the […]
May 19, 2017
Investors weren’t too keen on Alibaba’s latest earnings, pushing shares downward as a result. Alibaba reported EPS of $0.63 for its fourth fiscal quarter, below expectations of $0.66. This miss...
January 24, 2017
eCommerce giant Alibaba Group Holding found continued strength in spending by Chinese consumers helped lift fiscal third-quarter results. Revenues were up 54 percent in the period to 53 billion yuan,...
May 06, 2016
One year ago, when Alibaba announced its fiscal year 2015 results for its March quarter, it also named its new CEO, showing the direction the mobile-focused company would be headed. And...
