Latest news with #AlibabaGroupHoldingLimited
Yahoo
01-08-2025
- Business
- Yahoo
Bernstein Maintains a Buy on Alibaba Group (BABA)
Alibaba Group Holding Limited (NYSE:BABA) is one of the most undervalued blue chip stocks to buy according to hedge funds. On July 21, Bernstein analyst Robin Zhu maintained a Buy rating on Alibaba Group Holding Limited (NYSE:BABA) with a price target of HK$141.00. An e-commerce platform displaying a wide range of products to customers online. Alibaba Group Holding Limited (NYSE:BABA) reported notable results for the March quarter 2025, with revenue undergoing a 7% year-over-year increase to RMB 236,454 million ($32,584 million). Income from operations also underwent a significant 93% year-over-year increase to RMB28,465 million ($3,923 million). Management attributed this growth to a drop in non-cash share-based compensation expenses and an increase in adjusted EBITA. Alibaba Group Holding Limited (NYSE:BABA) manages and provides technology infrastructure and marketing platforms. It operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segments. While we acknowledge the potential of BABA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
10-07-2025
- Business
- Yahoo
Alibaba (BABA) Falls on Heating Competition in China
Alibaba Group Holding Limited (NYSE:BABA) is one of the . Alibaba Group declined by 3.85 percent on Wednesday to end at $103.83 per share as investor sentiment was dampened by the cut-throat competition between the company and in servicing the expanding online market in China. This followed pledge on Wednesday to allocate some 10 billion yuan ($1.4 billion) to support so-called benchmark brands across various categories amid the growing daily orders in China, reaching a new high of over 200 million. The plan reflected efforts to dethrone Meituan as China's top on-demand local delivery services provider, while also fending off competition from Alibaba Group Holding Limited (NYSE:BABA). Earlier this month, Alibaba and Meituan went on a promotional war, flooding the market with discount coupons that allowed consumers to buy at unusually low prices. An e-commerce platform displaying a wide range of products to customers online. The program was said to have pushed delivery riders to work on extended hours to meet the surging demand. Meanwhile, Alibaba Group Holding Limited (NYSE:BABA) announced recently that it successfully raised HK$12 billion ($1.5 billion) through the issuance of a bond offer through 2032. While we acknowledge the potential of BABA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
03-07-2025
- Business
- Yahoo
Alibaba (BABA) Faces Heat as Baidu Open-Sources Ernie AI Model
Alibaba Group Holding Limited (NYSE:BABA) is one of the 13 best blue-chip stocks to buy, according to analysts. On June 30, Alibaba (NYSE: BABA) shares slipped 1.4% premarket after Baidu announced it would open-source its Ernie AI model—introducing new pressure in China's fast-moving AI race. While Alibaba has its own open-source Qwen model, Baidu's move is seen as a bold step that could speed up AI development across the country. Pixabay/Public Domain Industry analysts warn this shift may challenge Alibaba's competitive edge, forcing it to ramp up AI efforts to keep pace. With Chinese tech firms racing to dominate generative AI, Baidu's decision could reshape market dynamics and intensify the rivalry among leading players. Alibaba Group Holding Limited (NYSE:BABA) is a leading global technology company that delivers infrastructure and marketing platforms across a diverse business portfolio, operating through seven key segments: China Commerce, International Commerce, Local Consumer Services, Cainiao (logistics), Cloud Computing, Digital Media & Entertainment, and Innovation Initiatives & Others. While we acknowledge the potential of BABA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Yahoo
02-07-2025
- Business
- Yahoo
Alibaba Merges Fliggy and Ele.me to Strengthen Core E-Commerce Platform
Alibaba Group Holding Limited (NYSE:BABA) ranks among the best FAANG stocks to buy according to hedge funds. Alibaba Group Holding Limited (NYSE: BABA) announced on June 23 that it will combine its online travel agency, Fliggy, and food delivery platform into its core e-commerce business. The change, according to the company, was a 'strategic upgrade' as it moves from a standard e-commerce company to a more comprehensive platform that is centered on customers. Pixabay/Public Domain Alibaba Group Holding Limited (NYSE: BABA) views e-commerce as essential to its future expansion, both domestically and internationally. To that end, the company intends to improve AI-driven search and suggestions, as well as monetization capabilities, to increase the quality of consumption rather than just volume. It is expected that growing cross-border demand will also help its international platforms, such as AliExpress and Lazada. Alibaba Group Holding Limited (NYSE:BABA) is an e-commerce and technology company that caters to small business owners and consumers. The company is also a pioneer in cloud computing, logistics, and digital media. While we acknowledge the potential of BABA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bangkok Post
02-07-2025
- Business
- Bangkok Post
Alibaba expands AI cloud services in Malaysia, Philippines
TAIPEI — Alibaba Group Holding Limited is adding new data centres in Malaysia and the Philippines in pursuit of growth driven by artificial intelligence (AI). The Hangzhou-based company's cloud unit launched its third data centre in Malaysia this week and it also plans to open its second data centre in the Philippines in October, it said in a statement released Wednesday. Alibaba Cloud also said it is launching a global competency centre in Singapore to help accelerate AI adoption across industries. It said the centre would help more than 5,000 businesses and 100,000 developers access advanced AI models. Best known for its e-commerce operations in China, Alibaba has been charging into AI, building standalone offerings around its Qwen AI models and growing its cloud services. It has also announced infrastructure investments in Thailand, Mexico and South Korea. In the wake of DeepSeek's emergence on the global stage, Alibaba Chief Executive Officer Eddie Wu declared in February the company's "primary objective" is now artificial general intelligence, a goal in the industry to build AI systems with human-level intellectual capabilities.
