Tag: Alibaba Group Holding Ltd

Technology Stocks

Jupiter Wellness (NASDAQ: JUPW) Prices $32.5 Million Underwritten Public Offering of Warrants and Common Stock; Alibaba Group Holding (NYSE: BABA) Stocks are Hit from China Crackdown

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 […]

Technology Stocks

Alibaba Group Holding Ltd (NYSE:BABA) Stock Plunges After SAMR Announce Rules To Curb Monopolistic Tendencies

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 […]

Technology Stocks

Alibaba Group Holding Ltd (NYSE:BABA) Starts “Singles Day” Shopping Early In Two Windows And Sales Are Already Booming

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 […]

Technology Stocks

Alibaba Group Holding Ltd’s (NYSE:BABA) 8% Acquisition Of Billibili Inc. (NASDAQ:BILI) Aims At Increasing Their Content Drive E-Commerce

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 […]