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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.com unveils new products and enhancements at Co-Create conference to support small-business owners in B2B sourcing. New features include Smart Assistant tool, upgraded Image Search, smart enhancements to RFQ, real-time translation, and Alibaba.com Logistics Marketplace. Small-business concerns revealed in survey: supply chain challenges, rising cost of goods, streamlined payment and logistics offerings, finding the right supplier for new products. Alibaba.com aims to address concerns and take entrepreneurs to the next level.
Rhea-AI Impact
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End-of-Day
-4.74%
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Rhea-AI Summary
Alibaba.com to host Super September sale with low pricing and enhanced trade assurance, introduces new 'Certified in U.S.' product pavilion
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End-of-Day
-0.8%
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Rhea-AI Summary
Cainiao teams up with Procter & Gamble to develop green supply chain
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-0.81%
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Rhea-AI Summary
Alibaba Group Holding Limited announced its financial results for the quarter ended June 30, 2023. Revenue increased by 14% year-over-year to RMB234,156 million (US$32,292 million). Income from operations grew by 70% year-over-year to RMB42,490 million (US$5,860 million). Adjusted EBITA increased by 32% year-over-year to RMB45,371 million (US$6,257 million). Net income attributable to ordinary shareholders was RMB34,332 million (US$4,735 million), a 51% increase year-over-year. Alibaba repurchased US$3.1 billion worth of ADSs this quarter. The company's strong financial performance and balance sheet position it well for future growth and opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.6%
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Alibaba.com, a leading B2B e-commerce platform, will host its inaugural Co-Create conference on September 7-8, 2023 in Las Vegas. The event aims to provide insights on digital trade, logistics, and manufacturing, and will feature major product announcements. Alibaba.com will launch over 10 enhanced platform tools and services for B2B buyers during the conference.
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End-of-Day
0.67%
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Rhea-AI Summary
Alibaba Cloud's Energy Expert platform is being used in Singapore to help achieve the net zero goal by 2050. The platform provides carbon emissions measurement, analysis, and reduction recommendations. It was recently used during the Olympic Esports Week and the i Light Singapore festival. Alibaba Cloud is partnering with government agencies, universities, and event organizers to promote sustainability.
Rhea-AI Impact
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End-of-Day
-5.02%
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Rhea-AI Summary
Alibaba Group Holding Limited will report its unaudited financial results for the quarter ended June 30, 2023 on August 10, 2023. The conference call to discuss the financial results will be held at 7:30 a.m. U.S. Eastern Time. Participants must pre-register to join the conference call. A live webcast of the earnings conference call can be accessed on Alibaba Group's Investor Relations website.
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End-of-Day
5.35%
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Alibaba Group's latest ESG report reveals that over 180 million consumers participated in carbon emission reduction through its carbon ledger platform. Independent research shows that lack of information and high prices are the main barriers for consumers to make more sustainable purchases. Consumers globally are embracing more sustainable lifestyles, with 73% saying they would welcome more information about how to make purchases online that are more sustainable.
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-1.75%
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Alibaba.com celebrates the eighth anniversary of Trade Assurance, its buyer protection services for B2B e-commerce. Trade Assurance has protected nearly 160 million transactions to date. To mark the anniversary, Alibaba.com is extending the money-back protection from 30 days to 60 days for qualifying orders placed from July 17 to August 17.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
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Rhea-AI Summary
Alibaba Group has reduced net carbon emissions by 12.9% and achieved a 22.907 million metric tons decline in carbon dioxide equivalent (MtCO2e) across its ecosystem in its fiscal year. The company aims to achieve carbon neutrality by 2030. Alibaba Cloud's data centers increased clean energy use by 1.5x, and its self-built data centers in China saw a jump in clean electricity usage from 21.6% to 53.9%. Alibaba has also focused on promoting green logistics, low-carbon transportation, and sustainable retail stores.
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Rhea-AI Sentiment
End-of-Day
4.54%
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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.