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Alibaba Newsroom
Alibaba's second-quarter revenue was 236.503 billion yuan, a 5% year-on-year increase.
The adjusted net income is 36.518 billion yuan, a year-on-year decrease of 9%.
"Smart money" betting on the rise of China: In Q3, the prototype of the "Big Short" increased its shareholding in Chinese concept stocks such as Alibaba, jd.com, while the new fund star Keystone initiated positions in three major Chinese concept ETFs.
In the third quarter, the fund under Michael Burry increased its shareholding in Alibaba by 0.045 million shares to nearly 0.2 million shares, doubled its hold positions in jd.com to 0.5 million shares, and increased its shareholding in baidu by 0.05 million shares to 0.125 million shares. At the end of the quarter, it held three Chinese concept stocks valued at 54 million dollars, accounting for 65% of the total fund's stock holdings. Meanwhile, the fund bought corresponding put options for these three Chinese concept stocks to hedge risks.
Express News | Alibaba Local Life Group's second-quarter revenue increased by 14%, with losses narrowing to 0.391 billion yuan.
Express News | Alibaba: On November 14, spent approximately $19.9744 million to repurchase approximately 1.7624 million shares.
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The truth about Alibaba (09988) trading "Xiaopeng Autos".
On November 15, the news that "in the third quarter, alibaba (09988) increased its shareholding by nearly 24.66 million shares of Xiaopeng autos ADS" spread widely.
US stock market outlook | October retail sales data exceeded expectations, the three major futures indexes declined; cryptos concept stocks rose in pre-market trading! MSTR increased by over 3%, Coinbase rose by more than 2%.
It is reported that the usa Federal Trade Commission plans to investigate anti-competitive behavior in microsoft's cloud computing business; the Biden administration promotes the localization of semiconductors, and taiwan semiconductor receives $6.6 billion in funding from the CHIPS Act; is it truly attractive with a guaranteed 4.5% return? The total assets of mmf in the usa have surpassed $7 trillion for the first time.
Benchmark Co. Maintains Alibaba(BABA.US) With Buy Rating, Maintains Target Price $118
Express News | Alibaba Exec - Have High Expectations That Integrating Wechat Pay Will Help US Reach New Users - Conf. Call
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The increase in market cap of held equities, alibaba's Q2 net income surged by 63% year-on-year, with revenue growing by 5% compared to the previous year | Financial report insights.
Benefiting from the changes in private equity valuation at market cap, the reduction in investment impairment, and the improvement in the company's operation profit, the net income attributable to ordinary shareholders increased by 63% year-on-year. During this year's november 11 shopping festival-related period, Taobao and Tmall's GMV achieved strong growth, with the number of buyers reaching a historical high.
Alibaba CEO Wu Yongming: The revenue of AI-related products has maintained triple-digit growth for five consecutive quarters.
On November 15th, at the alibaba earnings call, CEO Wu Yongming stated: In the cloud sector, we are continuing to optimize our revenue structure and adhere to the global strategy of integrated development of cloud and AI. In terms of performance, alibaba Cloud achieved a 7% growth in commercialization revenue this quarter, showing stability and an upward trend compared to the June quarter; the revenue continues to be driven by double-digit growth in the public cloud, especially the revenue from AI-related products, which has maintained triple-digit growth for five consecutive quarters and increased its share in the public cloud. alibaba believes that the dawn of the AI era is just beginning, and we are still in the early stages of the AGI transformation; looking to the future,
Top private equity funds in China expose the 'US stock report': the proportion of Chinese concept stocks continues to rise, with PDD Holdings and Apple being the focus of differences in components.
In the third quarter of this year, most Chinese private equity firms, such as Hillhouse, Gao Yi, and Jinglin, remained focused on Chinese concept stocks. However, Hillhouse and Jinglin chose to reduce their shareholding in pdd holdings, while Gao Yi opted to continue increasing its stake in pdd holdings.
Express News | Alibaba Exec - Co Sees "Line of Sight" for Profitability in Its International Business
Shares of US-listed Chinese E-commerce Companies Are Trading Higher Amid Possible Sympathy With Alibaba Group Holding After the Company Reported Q2 Financial Results.
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Alibaba Group Holding Shares Are Trading Higher After the Company Reported Better-than-expected Q2 Sales Results.
Express News | Alibaba's CEO Wu Yongming: Double 11 GMV shows strong growth, Taobao's monthly trading users hit a record high.