Tech Stock News
Monday, March 20, 2023
Jupiter Wellness Inc (NASDAQ: JUPW) announced the pricing of an underwritten public offering of 11 million shares of common stock, as the par value of $0.001 per share to be allocated by the firm. More than 5.4 lakhs shares to be administered by specific selling stockholders of the firm and […]
Alibaba Group Holding Ltd (NYSE:BABA) shares sank 8.26% on Tuesday following regulatory threats from Chinese authorities seeking to tighten their grip on big internet platforms. Alibaba faces more regulatory threats The plunge comes after China’s State Administration for Market Regulation released draft rules which will limit monopolistic trends by internet […]
Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) will kick off this year’s “Singles Day” Mega shopping extravaganza early. This is a move expected to drive a surge in sales as the country’s COVID-19 pandemic easing drives a rebound in the economy. Sales booming on Singles Day The company will […]
On February 14, 2019, Alibaba Group Holding Ltd (NYSE:BABA) indicated that they had acquired 8% stake in Billibili Inc. (NASDAQ:BILI) with the aim of leveraging the platform to encourage buying of products from the e-commerce platform. Bilibili is a Chinese video streaming platform that has over 92 million active users […]
Alibaba Group Holding Ltd (NYSE:BABA) announced, to kick off the action this week, that it generated RMB213.5 billion (US$30.8 billion) of gross merchandise volume (GMV) on November 11, 2018, an increase of 27% compared to 2017. Naturally, with pressure on both big cap tech and Chinese stocks over recent months, […]
Alibaba Group Holding Ltd (NYSE:BABA) its financial results for the quarter ended September 30, 2018. The company reported Q2 (Sep) earnings of $1.40 per share, excluding non-recurring items, $0.30 better than the S&P Capital IQ Consensus of $1.10; revenues rose 49.6% year/year to $12.4 bln vs the $12.51 bln S&P […]