Alibaba Stock News

Alibaba Group Holding Limited (NYSE: BABA) reported Q2 2022 earnings results today. Revenue rose 29% year-over-year to $31.1 billion. Net income attributable to ordinary shareholders was $833 million and earnings […] The post BABA Earnings: Key quarterly highlights from Alibaba’s Q2 financial results first appeared on AlphaStreet .

Alibaba Group Holding Limited (NYSE: BABA ) reported Thursday with September quarter results that missed Street expectations, dragged by a sequential decline in e-commerce sales. The cloud business put in a strong showing. The company also issued a below-consensus forecast for fiscal year 2022. Key Alibaba Q2 Metrics: Hangzhou, China-based Alibaba announced September quarter revenues of $31.15 billion, up 29.5% year-over-year. In the previous quarter, revenues rose 34% year-over-year to $31.87 billion. Excluding the consolidation of Sun Art, the revenues would have risen 16% to $28.004 billion. Non-GAAP net income per ADS came in at $1.74, down 38% year-over-year, and lower than the June quarter''s $2.65 per ADS. The results trailed the consensus estimates that called for a bottom-line result of $1.93 per ADS and revenues of $32.05 billion. Annual global active consumers of the Alibaba ecosystem were at 1.24 billion for the 12 months ended Sept. 30, 2021, comprising 953 million consumers in China and 285 million

Alibaba said its profit came in at 5.37 billion yuan ($833 million) for the July-September period.

BEIJING (dpa-AFX) - Alibaba Group Holding Ltd (BABA) released earnings for second quarter that fell from last year.The company''s earnings totaled RMB5.37 billion, or RMB1.97 per share. This compar

Alibaba (BABA) missed both of Wall Streets'' consensus earnings and revenue forecasts for the fiscal Q2 quarter. The ecommerce giant reported non-GAAP

Alibaba has been a victim of China''s crackdown on its technology industry which has seen a slew of new regulation brought in from antitrust to data protection.

HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited today announced its financial results for the quarter ended September 30, 2021.

A decade ago, Vijay Shekhar Sharma flew to Hong Kong to attend an All Things D conference. At the event, he watched Silicon Valley executives Jack Dorsey and Brian Chesky talk about the firms they were building. But the conversation that would change the trajectory of his firm, One97 Communications, was an interview of Alibaba []

A 14 per cent rebound in Chinese tech stocks in Hong Kong from this years low in October is being challenged by potentially weaker earnings from industry bellwethers in the coming days. Can investors look past the report cards with valuations near record lows?The first test will come from Alibaba Group Holding, when the e-commerce group releases its quarterly report on Thursday. Meituan and Kuaishou Technology are due to report next week. The trio are among the top five biggest Hang Seng Tech

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China stocks fell as Baidu and Bilibili posted earnings that failed to ease concerns about regulations. Alibaba and JD.com report Thursday.

A leading Chinese financial expert says recent efforts to connect the countrys most popular payments platforms via anti-trust measures marks only the beginning of efforts to integrate the sector. China has recently seen its various payments platforms achieve increasing levels of interconnection and compatibility, amidst an anti-trust drive from Chinese financial authorities. Tencent and Alibaba []

Arthur M. Cohen & Associates LLC decreased its stake in Alibaba Group Holding Limited (NYSE:BABA) by 5.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 4,293 shares of the specialty retailers stock after selling 240 shares during the period. Arthur M. Cohen & Associates LLCs holdings in Alibaba Group were worth $630,000 as of []