The most recent trading session ended with Alibaba (BABA) standing at $81.68, reflecting a +1.42% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.12%.
Alibaba's strong balance sheet and aggressive share buyback program offer a shareholder yield of nearly 13%, enhancing its ...
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Alibaba will invest 300 billion won in cash on top of an in-kind investment using AliExpress Korea, according to a report from Maeil Business Newspaper. The new joint venture will allow “continued ...
Alibaba Group Holding Ltd. agreed to form a joint venture for its South Korean operations with E-Mart Inc.’s e-commerce platform to better compete in the country’s fast-paced online retail ...
Bloomberg earlier reported that Alibaba and E-mart could create a new e-commerce business entity valued at about $4 billion, citing people familiar with the matter. Shares in E-mart ended 5.5% ...
Alibaba also continues to buy back its shares as its stock trades at these depressed levels. It already bought back $9.9 billion in shares in the first half of fiscal 2025, and it still has $22 ...
The companies are finalizing details of the deal, which could be announced as soon as this week, the report added, citing people familiar with the matter. Alibaba and E-Mart did not immediately ...