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Alibaba Group Holding Ltd. Sponsored ADR Aktie News
In diesem Jahr stehen mit den Olympischen Spielen in Paris und der Fußball-EM in Deutschland gleich zwei Sport-Großereignisse an. Ein Fest für Fans und Sponsoren.
China's Ant Group is in talks with Indonesia to bring its popular cross-border payment service Alipay+ there, the chief of its international business was quoted by media as saying on Friday after meeting with the country's communications minister.
Alibaba's stock is trading at a significant discount compared to US stocks, with net cash and investments making up 75% of its market cap. The company faces strong competition from domestic peer Pinduoduo, which is outperforming Alibaba in e-commerce growth rates. Concerns about geopolitical risks and regulatory intervention in China may hold back the stock price - and increase the risks.
While you should never invest based on any one metric or person's guidance, a possible exception can be made for Michael Burry stocks. Granted, you still need to conduct your own due diligence.
Jack Ma, the founder of Chinese e-commerce firm Alibaba (NYSE: BABA ), isn't the company's decision maker anymore. Yet, Alibaba got a major shot in the arm when Ma released a memo to the company's employees.
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