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Alibaba Group Holding Limited (BABA)

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BABA Latest news
How Did Alibaba Fare With Its 2021 'Singles Day' Shopping Event?
2021-11-11 15:32

The Singles Day shopping festival, aka Double 11, that falls on Nov. 11 customarily is a shopping bonanza in China that domestic retailers use to great advantage. Chinese online retail giant Alibaba Group Holding Ltd - ADR (NYSE: BABA), which spearheads the shopping push during the annual affair, maintained a low profile this time around but ended up doing well.

Wall Street Journal
Alibaba's Singles Day: World's Biggest Shopping Event Goes Global | WSJ
2021-11-11 13:34

Singles Day in China is the world's largest annual shopping extravaganza. Its creator, the e-commerce giant Alibaba, is now exporting the event to the rest of the world as part of its push to challenge Amazon and others.

Yahoo Finance
Alibaba Singles Day sales muted amid China's tech crackdown
2021-11-11 12:59

Yahoo Finance Technology Editor Daniel Howley breaks down this year's Alibaba Singles Day sales lackluster performance as Chinese regulators crackdown on e-commerce and competitors' choices to accept digital currency from Chinese government. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k

Alibaba reports slower sales growth for its Singles Day shopping event.
2021-11-11 12:43

Sales grew 8.5 percent from last year, but had grown 26 percent in 2020 from the year before.

Market Watch
Alibaba, JD.com shares rise as Singles Day comes to a close
2021-11-11 12:43

Alibaba Group Ltd. BABA, +3.16% said Thursday that its 11.11 shopping event generated gross merchandise volume of RMB540.3 billion ($84.54 billion) this year.

Chinese Stocks: Why Are BABA and JD Stocks Both Gaining Today?
2021-11-11 12:41

Chinese stocks BABA and JD are enjoying sizable upticks after the e-commerce giants reported record sales numbers on Singles' Day. The post Chinese Stocks: Why Are BABA and JD Stocks Both Gaining Today?

Business Wire
Alibaba 2021 11.11 Global Shopping Festival Delivers Steady Growth
2021-11-11 12:34

HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA; HKEX: 9988) today successfully concluded its 13th annual 11.11 Global Shopping Festival (“11.11”), which generated RMB540.3 billion (US$84.54 billion) in gross merchandise volume (GMV) during the 11-day campaign. "This 11.11 Global Shopping Festival, we delivered steady and quality growth that is a reflection of the dynamic Chinese consumption economy. We also leveraged the power of 11.11 as a platform to fulfill our s

China's Alibaba records Singles' Day GMV of $84.54 billion over 11-day sales period
2021-11-11 12:21

Chinese e-commerce giant Alibaba Group Holding Ltd recorded Singles' Day gross merchandise value (GMV) of 540.3 billion yuan ($84.54 billion) over the 11-day sales period, the company said on Friday.

The Motley Fool
Why Wait for a Crash to Buy? These 3 Top Stocks Are Already Down More Than 40%
2021-11-11 11:11

Three of last year's hottest stocks are trading 49% to 57% off their recent highs. Let's go shopping.

CNN Business
Singles Day stock tip: Forget Alibaba and look at JD
2021-11-11 10:14

Chinese consumers were hunting for bargains on Singles Day, the online shopping extravaganza that takes place every November 11 which was originally launched by e-commerce giant Alibaba.

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