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Alibaba's Streaming Service Is Good News For Netflix
Monday, June 15, 2015 - 5:44pm | 432Read More...Reuters recently reported that Alibaba Group Holding Ltd (NYSE: BABA) will be soon launching Netflix, Inc. (NASDAQ: NFLX)-like streaming service in China. However, instead of being bad news, Edmund Lee from Re/code thinks that this is actually good news for Netflix. Lee was on CNBC Monday to...
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Jack Ma: 'Our Goal Is Next 10 Years, 40 Percent Of Our GMV Is From Outside China'
Wednesday, June 10, 2015 - 5:36pm | 398Read More...Jack Ma, executive chairman of Alibaba Group Holding Ltd (NYSE: BABA), asked U.S. small business owners to sell their goods in China. Ma was interviewed by CNBC on Wednesday, during which he explained how China will be the largest importer in the world in the next 10–20 years and how he...
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Jack Ma Explains Why Alibaba Won't Buy eBay, But Is Building Global Marketplace
Wednesday, June 10, 2015 - 5:26pm | 398Read More...Alibaba Group Holding Ltd (NYSE: BABA) executive chairman Jack Ma was interviewed by CNBC on Wednesday. In the interview, Ma discussed why Alibaba is not considering buying eBay Inc (NASDAQ: EBAY) and why the company will succeed in building a global marketplace. ‘You Have To Create...
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Why Jack Ma Is Correct In Asking More U.S. Businesses To Sell To Chinese Consumers
Wednesday, June 10, 2015 - 11:25am | 401Read More...Alibaba Group Holding Ltd (NYSE: BABA) Founder and Executive Chairman, Jack Ma, gave a speech in New York on Tuesday in which he asked more U.S. businesses to sell their goods to the Chinese. Victor Anthony, Axiom Capital Management, was on CNBC to weigh in on Ma’s comments. Strong...
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Alibaba Announces Launch Of Korea Pavilion On Tmall
Monday, May 18, 2015 - 4:19pm | 333Read More...Chinese eCommerce giant Alibaba Group Holding Ltd (NYSE: BABA) on Monday announced the launch of the Korea Pavilion on its Tmall.com platform. According to a company press release, the Korea Pavilion is the first official online country pavilion that will be dedicated toward providing consumers...
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Everything The Street Has Said About Alibaba Recently
Wednesday, May 6, 2015 - 11:41am | 585Read More...Alibaba Group Holding Ltd (NYSE: BABA) reports Q1 results Thursday and traders are awaiting the news. After its September 2014 IPO, the stock climbed to over $119 in November only to decline in the following months. Since its IPO, the stock has fallen approximately 15 percent and recently...
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What To Know Ahead Of Alibaba's Huge Earnings Announcement
Tuesday, May 5, 2015 - 11:52am | 383Read More...Nic Chahine was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET. Create Income With Options Spreads Author Nic Chahine said that Alibaba Group Holding Ltd (NYSE: BABA...
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Alibaba Freezes Hiring As Company Has 'Developed Too Quickly'
Wednesday, April 29, 2015 - 1:40pm | 154Read More...Shares of Alibaba Group Holding Ltd (NYSE: BABA) fell over 3 percent Wednesday amid news that the company had implemented a hiring freeze. Executive Chairman Jack Ma commented that the freeze would apply to the rest of 2015 as the company had grown “too quickly,” according to a...
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Why Is Jack Ma 'A Lot Like Jeff Bezos?'
Wednesday, March 18, 2015 - 2:59pm | 391Read More...The first lockup of Alibaba Group Holding Ltd (NYSE: BABA) shares are going to expire Wednesday post-closing. Edmund Lee, Re/code managing editor, was on CNBC Wednesday to discuss Alibaba's lockup expiration and Jack Ma's strategy for the company. Sentiment Has Cooled "There...
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Yahoo Spikes Up After Alibaba Takeover Speculation
Wednesday, March 4, 2015 - 12:57pm | 249Read More...Shares of Yahoo! Inc (NASDAQ: YHOO) spiked higher Wednesday morning. The move is likely related to a Chinese publication in which an anonymous author explored a potential takeover of the company by Alibaba Group Holding Ltd's (NYSE: BABA) founder Jack Ma. "The acquisition of Yahoo is...
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SunTrust's Bob Peck Explains Alibaba's Underperformance
Wednesday, February 25, 2015 - 4:44pm | 411Read More...After having a fantastic IPO last year, Alibaba Group Holding Ltd (NYSE: BABA) is losing the gained ground that followed. In the last three months, shares have lost almost 24 percent and currently trade at $86.50 levels. So, why is the stock underperforming? Respected Internet analyst Bob Peck...
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Jim Cramer Contrasts Jack Ma With Elon Musk
Tuesday, February 17, 2015 - 8:13am | 328Read More...Alibaba Group Holding Ltd (NYSE: BABA) recently announced to employees that they won’t be receiving red envelopes filled with money, known as hongbao, this Lunar New Year holiday. In a recent post on his microblog, Alibaba founder Jack Ma explained that the reason for this is that the...
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Former Hedge Fund Manager: Baidu Is The 'Best Way To Invest In China,' But Will Q4 Shine?
Wednesday, February 11, 2015 - 4:31pm | 436Read More...Former hedge fund manager Cody Willard thinks that Baidu Inc (ADR) (NASDAQ: BIDU) is the "best way to invest in China." "It is a very well managed, very well connected platform-centric Internet play based in China," Willard, who now serves as chairman of Scutify (a financial social network), told...
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10 Times Jack Ma Said He Doesn't Care About Alibaba Shareholders
Thursday, January 29, 2015 - 9:32am | 922Read More...Jack Ma, founder of Alibaba Group Holding Ltd (NYSE: BABA), is fond of saying that the customer is No. 1, employee is No. 2 and the shareholders are No. 3. Perhaps a strange sentiment for the CEO of a public company to express, but Ma has been beating that drum since Alibaba was founded in 1999...
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Expert: Alibaba's Jack Ma Won't Pick A Fight With Jeff Bezos
Wednesday, January 28, 2015 - 4:21pm | 438Read More...If investors were expecting a big fight between Alibaba Group Holding Ltd (NYSE: BABA) founder Jack Ma and Amazon.com, Inc. (NASDAQ: AMZN) founder Jeff Bezos, they might be disappointed. Alibaba commands the Chinese online retail market with impressive results and a notable sales holiday, known...
