Daniel Zhang

Chinese e-commerce giant Alibaba Group Holding (NYSE: BABA) announced CFO Maggie Wu will be tasked with running the company's strategic investments unit, Reuters reported Tuesday.  What Happened Wu will take over responsibility from Executive Vice-Chairman Joe Tsai, who was demoted to...

A Chinese e-commerce giant struck a notable partnership Tuesday in the country's logistics sector.  What Happened Alibaba Group Holding Ltd (NYSE: BABA) and its logistics arm Cainiao announced a strategic agreement Tuesday with ZTO Express (Cayman) Inc (ADR) (NYSE: ZTO), a leading...

China-based e-commerce behemoth Alibaba Group Holding Ltd (NYSE: BABA) reported a top-and-bottom-line beat in its fiscal fourth quarter earnings report Friday.  What Happened Here's a summary of the figures Alibaba reported from Q4:   EPS of 91 cents versus...

Shares of Alibaba Group Holding Ltd (NYSE: BABA) soared higher by more than 11 percent early Thursday morning after the company hosted Day One of an Analyst Day presentation. Alibaba's CEO Daniel Zhang and Chief Financial Officer Maggie Wu presented investors with an update to its 2018 outlook,...

Shares of Alibaba Group Holding Ltd (NYSE: BABA) were trading higher by nearly 5 percent early Tuesday morning after the company reported its third-quarter results. In a tweet, Alibaba described its earnings report as being a "blowout quarter," including a "strong" beat on...

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...

By many definitions, Alibaba Group Holding Ltd (NYSE: BABA) has conquered the local Chinese e-commerce market. However, this isn't enough for the company's new Chief Executive Officer Daniel Zhang, who said the company needs to look outside of China to remain relevant over the long-term. Zhang,...

Alibaba Group Holding Ltd (NYSE: BABA) reported better-than-expected quarterly earnings Thursday. Revenue for the company rose 45 percent year-over-year to $2.81 billion, while analysts were expecting the company to report revenue of $2.77 billion. Additionally, transactions from mobile saw a...

Shares of Alibaba Group Holding Ltd (NYSE: BABA) spiked higher by 10 percent Thursday after the company reported its fourth quarter and full year results while also announcing that Daniel Zhang, currently Chief Operating Officer of Alibaba will take over as Chief Executive Officer as of May 10...