Latest news with #QN
Yahoo
21-05-2025
- Business
- Yahoo
Benchmark Maintains Buy Rating on Alibaba (BABA) Stock, Cuts PT
On May 16, Benchmark lowered the price target on Alibaba from $190 to $176, keeping a Buy rating on the stock. Analyst Fawne Jiang adjusted the price target as Alibaba Group Holding Limited (NYSE:BABA) missed both earnings and revenue estimates during Q4 FY2025. The company missed targets due to weak performance in Alibaba's AIDC division and outdated consensus estimates. Pieter Beens / Despite the underperformance, Jiang remains optimistic regarding BABA's core commerce and cloud computing segments, which performed extremely well during Q4. The company experienced a 10% revenue and 26% EBITDA growth from a year ago. Alibaba's Cloud revenue soared by 18% during Q4 FY2025, with AI-related product revenue growing by triple-digit for the seventh straight quarter. Under the QN family, Alibaba has open-sourced over 200 models with almost 300 million downloads globally. This demonstrates the Chinese giant's growing dominance in AI technology. Jiang projects Customer Management Revenue (CMR) to outperform Gross Merchandise Value (GMV) growth through FY2026, driven by sustained gains in take rates. Alibaba Group Holding Limited (NYSE:BABA) is a leading Chinese e-commerce platform. It is a diversified company with a major share in cloud services and a growing presence in Gen AI. While we acknowledge the potential of BABA to grow, 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 AI stock that is more promising than BABA and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None.
Morocco World
17-02-2025
- Business
- Morocco World
QN Sets Up in Morocco, Eyes Local Entrepreneurs
A giant in direct selling has landed in Morocco, promising big things for young entrepreneurs and the local economy. QN has just started its operations in Casablanca and offers luxury watches, homecare solutions, and high-end personal care products. Hussam Kamil, QN's Regional General Manager for the MENA region, is both delighted and optimistic about the launch: 'Today is the beginning of our journey in Casablanca,' he said. 'Morocco is open for business, and we have big expectations for growth and hopefully we can reach our targets.' Hussam Kamil is both delighted and optimistic about the launch of QN in Morocco The company isn't just selling products – it's also offering Moroccans a chance to start their businesses. Kamil made it clear that QN isn't here for a quick profit, but wants to set up local production and become a major player in Morocco. 'Our products are exclusive. We own the patents,' he said. Trevor Kuna, QN's chief marketing officer, explained the company's business model. 'We launched QN Morocco because we see a rising demand for direct selling,' he said. 'This is where people sell our exclusive products directly to customers. It's similar to affiliate marketing, but with a key difference—you're not alone. You're part of a community that supports each other.' The company's product range includes water filtration and air purification systems, luxury Swiss watches, and soon, a new high-tech showerhead. Trevor Kuna encourages Moroccan youth to explore other revenue streams to supplement their income Moroccans can join as independent representatives, selling products online or face-to-face, and earn commissions based on how much they sell, with no cap on income. 'What's exciting is that more young people in Morocco don't want 9-to-5 jobs,' Kuna said. 'They want financial freedom and side hustles. And direct selling gives them that chance.' Tags: Direct SellingLuxury WatchesQNQN EuropeQN MarocQNET
