Alibaba Stock News

Alibaba''s struggle is borne out in the numbers. Revenue for the three months to December climbed just 10%, compared with 29% growth the prior period

BABA earnings call for the period ending December 31, 2021.

February 25, 2022 7:28 AM HONG KONG (BLOOMBERG) - Alibaba Group Holding will focus on retaining users rather than pursuing the aggressive market-share grab of years past, re-calibrating its strategy after more than a year of relentless curbs on every facet of China''s internet sector.

Losses in Chinese debt markets are spreading beyond the battered real estate sector, sending the nation’s investment-grade bonds to a 21-month low as creditors grow increasingly wary of blue-chip borrowers including Alibaba Group Holding Ltd.

Chinese e-commerce giant Alibaba Group posted its slowest quarterly revenue growth since going public in 2014 owing to a dip in sales in its main business segment and rising competition.

The Dow Jones Industrial Average rallied off lows after President Joe Biden announced new sanctions on Russia over Ukraine. Cybersecurity stocks gained as the risk of cyberwarfare rose, with Fortinet (FTNT), Qualys (QLYS) and Palo Alto Networks (PANW) among the gainers. Alibaba (BABA) stock fell sharply. Volatility retreated following the President''s speech, with the Cboe Volatility Index, or VIX, down…

Shares of Alibaba Group Ltd. were trading lower Thursday after the company missed revenue expectations with its latest report amid a slowdown in its Chinese…

A weak earnings report sent investors fleeing again.

Tech stocks across the board are down today as the market correction is only amplified by Russia''s recent invasion of Ukraine.

Net profit plunged 75 percent as Alibaba faced competition from JD.com, Douyin and Kuaishou, as well as continuous crackdowns.

Chinese ecommerce giant Alibaba has posted its slowest quarterly sales growth figures since it went public in 2014. The news comes on the back of the ongoing regulatory clampdown on… The post Alibaba posts slowest quarterly sales growth since 2014 IPO appeared first on Latest Retail Technology News From Across The Globe - Charged .

Stocks fell sharply in the stock market today as Russia attacks Ukraine

Alibaba missed on revenue estimates and reported the slowest growth since it went public.

Alibaba said group revenue rose about 10% in October-December 2021, marking the first time quarterly sales growth has fallen below 20%