Trip.Com Stock Is Trading Lower Tuesday: What’s Going On?
Trip.com Group Limited (NASDAQ: TCOM) to offer $1.3 billion in convertible senior notes to repay debt and expand operations, while repurchasing shares.
Alibaba’s 618 Shopping Festival Boosts Sales with Big Brands Like Apple, Xiaomi Leading the Way
Alibaba's 618 shopping festival saw strong momentum with over 185 brands achieving high sales and support for their goal of double-digit revenue growth.
What’s Going On With Alibaba Stock On Thursday?
Alibaba Group (NYSE: BABA) is considering a $5 billion convertible bond sale, following rival JD's move. This could fund share repurchases and growth. BABA's ADRs have dropped 6.6% this week. Reports of bearish sentiment from U.S. short sellers may have caused this. BABA reported 7% revenue growth in Q4 2023. BABA stock has lost 0.24% in the last 12 months.
Why Is MINISO Stock Diving Tuesday?
MINISO Group Holding shares down after reporting Q3 results, with revenue and earnings missing expectations.
Alibaba Backs China’s AI Startups with Cloud Credits, Eyeing Leadership in Global AI Race
Alibaba invests in China's AI start-ups through cloud computing resources, following a similar strategy to Microsoft's OpenAI. Stock price at $80.04.
Alibaba’s To Overhaul Taobao In Strategic Move to Reclaim E-commerce Dominance
Alibaba revamps Taobao webpage ahead of China's 618 shopping festival to improve user experience. This is part of a larger effort to attract new users and regain a leading position in the competitive e-commerce market. Stock down 5% in last year.
Jack Ma Backed Ant Group’s Alipay+ Broadens Payment Reach Across Continents: How It’s Shaping Global Commerce?
Ant Group's Alipay+ aims to unify global mobile payments by connecting users to apps from their home countries through partnerships with local services.
After Nvidia and Apple, Alibaba Chases Vietnam: New Data Center to Boost Control and Meet Local Laws
Alibaba to build data center in Vietnam to comply with local storage law and meet demand. Other tech firms also diversifying to Vietnam.
Alibaba’s Taobao Launches 3D Shopping App for Apple’s Vision Pro – A New Era for Online Retail in China
Alibaba introduces shopping app for Apple's VR headset, gaining positive feedback from early Chinese adopters. Stock down 26% in past 12 months.
What’s Going On With Alibaba Stock Thursday?
Alibaba ($BABA) stock rose as Jack Ma expressed support for company restructuring and urged employees to embrace AI. Stock down 25% in 12 months.