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JD.Com Announces New Strategic Partnership With Japan-Based Kao Group
Thursday, March 31, 2016 - 7:04am | 202Read More...JD.Com Inc(ADR) (NASDAQ: JD), one of China's largest eCommerce platforms, announced on Thursday it has entered into an agreement with Japan-based Kao Group, a large Japanese consumer products group. As part of the agreement, JD.Com will open a new Kao Group cross-border flagship store on...
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Alibaba Upgraded By Vetr Crowd, But 51% Of Users Still Bearish
Friday, December 18, 2015 - 2:26pm | 335Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) have lost nearly 20 percent year to date but gained more than 40 percent since bottoming at $57.20 in late September. The Vetr crowd upgraded Alibaba's stock rating to 3.5-stars out of a possible 5-stars. Despite an upgrade, 51 percent of the...
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Are Analysts Impressed With Alibaba Following Its Singles' Day Sales Event?
Thursday, November 12, 2015 - 1:20pm | 856Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) have lost more than 20 percent year-to-date as China's economy has shown signs of slowing down – a potential negative for the company. Alibaba may have eased investor concerns over a slowing Chinese economy and consumer spending after the...
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$12 Billion And Counting: Alibaba Sets Singles Day Sales Record
Wednesday, November 11, 2015 - 9:24am | 476Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) were higher by nearly 2 percent Wednesday morning. Alibaba said that it exceeded the $12 billion mark in gross merchandise volume sold during its annual Singles Day event. The company noted that it surpassed last year's $9.3 billion...
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Alibaba's Youku Tudou Purchase Just The Latest In High Premium M&A Deals
Friday, November 6, 2015 - 11:20am | 441Read More...Alibaba Group Holding Ltd (NYSE: BABA) has agreed to acquire Youku Tudou Inc (ADR) (NYSE: YOKU) in an all-cash deal. Alibaba will pay Youku shareholders $27.60 per ADS, representing a 49.9 percent premium to the volume-weighted average closing price of Youku’s issue during the three...
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Does Wall Street Still Love Alibaba?
Wednesday, October 28, 2015 - 10:04am | 1003Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) have lost nearly 25 percent of its value year-to-date. The stock surged as high as $85.24 on Tuesday following its second-quarter print, but gave up most of its gains and closed the day $79.41. Analyst at Wedbush highlighted ongoing macro...
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Summit Research: Vipshop 'A Key Holding' To Gain Exposure To China's eCommerce Market
Friday, October 2, 2015 - 1:01pm | 434Read More...Shares of Vipshop Holdings Ltd – ADR (NYSE: VIPS) spiked higher by nearly 6 percent Friday morning. The move higher may be partially attributed to a bullish report by Henry Guo of Summit Research. Guo maintained a Buy rating and $31 price target, noting that the company is a "key holding" to gain...
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Why China Isn't Killing Alibaba
Friday, August 28, 2015 - 1:07pm | 366Read More...Investors who correlate China's economic woes as being a bearish sign for its largest e-commerce player, Alibaba Group Holding Ltd (NYSE: BABA), may be mistaken. That is, at least according to MKM Partners latest survey involving Chinese consumers. Barron's posted MKM Partners latest survey of...
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5 Tech Names Cantor's Squali Is Buying After The Selloff
Wednesday, August 26, 2015 - 10:55am | 571Read More...Youssef Squali of Cantor Fitzgerald commented in a note on Wednesday that recent market volatility has led to a "sharp" pullback in Internet stocks, and while he won't attempt to "call the bottom," he would be "buyers of leaders with outsized growth opportunities and...
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Vipshop Responds To Recent Short-Sellers Allegations, Shares Move Higher
Wednesday, May 13, 2015 - 10:06am | 628Read More...Mithra Forensic Research on Monday published a report on Seeking Alpha that claimed Vipshop Holdings Ltd (NYSE: VIPS) has manipulated sales, receivables, profit and other asset accounts. "China's leading discount ecommerce retailer has been flagged as possible manipulator by reliable...
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MKM Says Alibaba Monetization Concerns Are 'Overblown'
Tuesday, May 12, 2015 - 9:13am | 267Read More...In a report published Tuesday, MKM Partners analyst Rob Sanderson commented on Alibaba Group Holding Ltd (NYSE: BABA)'s March quarter results, which were "much better than feared" despite an "aggressive" shift to mobile. "We believe the stock should continue higher in the near-term," Sanderson...
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Oppenheimer Says JD.Com 'Continues To Expand'
Monday, May 11, 2015 - 11:07am | 262Read More...In a report published on Sunday, Oppenheimer analyst Ella Ji commented that JD.com Inc (NASDAQ: JD) reported "satisfactory" first quarter results last week and the company continues to expand in to new categories which reaffirm a bullish stance on shares. Ji noted JD.Com maintained "solid" gross...
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Who Leads The China Internet Motif?
Tuesday, May 5, 2015 - 1:32pm | 339Read More...Motif Investing offers investors more than 100 ready-made, professionally built portfolios called motifs. One of the more popular motifs, China Internet, achieved a 22.6 percent one-year return. The selection of stocks offers investors a hypothetical exposure to the world's largest internet...
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58.com Shares Spike Higher Following Ganji.com, Tencent Deal Announcement
Friday, April 17, 2015 - 9:57am | 288Read More...Shares of 58.com Inc (ADR) (NYSE: WUBA) on Friday spiked to new 52-week highs after the company announced it has acquired a strategic stake in Falcon View Technology, the holding company Ganji.com, a major online local services marketplace platform in China in addition to a strategic investment...
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Pacific Crest Just Slashed Its Alibaba Price Target By 15%
Wednesday, April 15, 2015 - 10:59am | 409Read More...In a report published Tuesday, Pacific Crest analyst Cheng Cheng detailed a recent visit to China in a "fact finding" mission surrounding Internet related business activity after the Chinese New Year. According to Cheng, the tone was "positive" around demand for the Internet...
