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Alibaba Group Holding Ltd - BABA STOCK NEWS

Welcome to our dedicated news page for Alibaba Group Holding (Ticker: BABA), a resource for investors and traders seeking the latest updates and insights on Alibaba Group Holding.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alibaba Group Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alibaba Group Holding's position in the market.

Rhea-AI Summary
Alibaba Group Holding Limited (NYSE: BABA) has announced that it will report its unaudited financial results for the quarter ended December 31, 2023 before the U.S. market opens on Wednesday, February 7, 2024. The company will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Hong Kong Time) the same day. Participants must pre-register to join the conference call. Details for the conference call, including dial-in numbers, conference call passcode, and a unique access PIN, will be provided upon registration. A live webcast of the earnings conference call can be accessed at https://www.alibabagroup.com/en/ir/earnings. An archived webcast will be available through the same link following the call. A replay of the conference call will be available for one week from the date of the conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
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none
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Rhea-AI Summary
Alibaba.com (AIDC) to launch new Smart Assistant features at CES 2024, emphasizing commitment to small businesses and AI innovation
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
Tags
AI
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Rhea-AI Summary
Alibaba Group (BABA) has developed an AI-powered tool called PANDA, which is 34.1% more sensitive than radiologists in detecting early signs of pancreatic cancer. The algorithm was validated in a clinical setting during the screening of over 20,000 patients, where it detected pathological changes in 31 patients that doctors had missed. PANDA is also highly specific, producing very few false positive results, outperforming radiologists by 6.3%. This tool has the potential to revolutionize early-stage detection of pancreatic cancer, making it possible to integrate into routine medical checkups or emergency department visits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
Tags
AI
Rhea-AI Summary
Master Kong (Tingyi) Collaborates with Alibaba Group and Veolia to Recycle Plastic Bottles, Alleviating Carbon Footprint
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.45%
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Rhea-AI Summary
Alibaba Group's high-tech grocer Freshippo showcased how technology can help farmers combat climate change at COP28. Freshippo helped peach farmers reduce losses from natural disasters and increase revenue by $168/mu. The grocer also reduced the impact on Asian elephants from farmers cutting rubber.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
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none
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Rhea-AI Summary
Dingdong (Cayman) Limited (NYSE: DDL) appoints new Chief Financial Officer and Chief Human Resources Officer
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
management
Rhea-AI Summary
Alibaba Group's sustainability initiatives at COP28 showcase AI-powered logistics, circular consumption, and low-carbon delivery, impacting climate change. Its ESG report reveals a 15% reduction in packing materials, 3.14 million tons of carbon emissions cut, and 1.7 billion utensil-free food deliveries via Ele.me.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.76%
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none
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Rhea-AI Summary
Alibaba Group (ABH) Africa's Business Heroes (ABH) Prize Competition announces Dr. Ikpeme Neto, Thomas Njeru, and Ayman Bazaraa as the first, second, and third prize winners, respectively, creating over 123,000 jobs. Sponsored by Jack Ma Foundation and Alibaba Philanthropy, the AR-enabled Grand Finale was held in Kigali, Rwanda, captivating a global audience through a live broadcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
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none
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Rhea-AI Summary
Alibaba Group Holding Limited (BABA) has joined the World Business Council for Sustainable Development (WBCSD) as the newest member. The collaboration will focus on Climate Action and leveraging Alibaba's platforms for decarbonization. Alibaba is committed to responsible corporate practices and environmental stewardship, aiming to achieve carbon neutrality in its operations by 2030 and introducing a Scope 3+ target. In the fiscal year ending March 2023, Alibaba accomplished Scope 3+ emission reductions of 22.907 million MtCO2e.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
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none
Rhea-AI Summary
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988) announced a solid quarter with revenue increasing 9% year-over-year and income from operations and adjusted EBITA increasing 34% and 18% year-over-year, respectively. The company achieved a stable quarter, maintaining an entrepreneurial mindset and prioritizing investment in technology and innovations for new growth. The first annual dividend distribution for fiscal year 2023 was announced, amounting to approximately US$2.5 billion, enhancing shareholders’ return in addition to the ongoing share repurchase program. Business highlights include strong growth in Taobao app users, increased order volume, and the 15th annual 11.11 Global Shopping Festival recording positive year-over-year growth. Alibaba International Digital Commerce Group, Local Services Group, To-Home, To-Destination, Cainiao, Cloud Intelligence Group, Digital Media and Entertainment Group, and other businesses also demonstrated growth and strategic updates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.14%
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none
Alibaba Group Holding Ltd

NYSE:BABA

BABA Rankings

BABA Stock Data

170.20B
16.41B
0.02%
14.83%
1.66%
Software Publishers
Information
Link
China (Mainland)
Hangzhou

About BABA

Alibaba Group Holding Limited, or Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.