Page 8 - Chinese Amazon News Today : Breaking News, Live Updates & Top Stories | Vimarsana
MORNING BRIEFING - Deutschland/Europa
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MÄRKTE USA/Erholung nach drei Tagen mit Verlusten
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5/12/2021 2:34:17 PM GMT | By Ivan Brian
BABA reports results on Thursday before the market opens.
BABA expected to report earnings per share of $1.78.
BABA shares under pressure as regulatory concerns still weigh on sentiment.
Alibaba (BABA) is the Chinese Amazon (AMZN) and with China being a country of nearly 1.5 billion people, that is an impressive marketplace.
BABA is one of China’s most successful internet companies and has a similar business model to Amazon with an online retail marketplace, a cloud business, and a fintech e-payments business called ANT Group. ANT Group was due to IPO in late 2020 but was pulled at the last minute after BABA and ANT founder Jack Ma gave a speech in which he appeared to criticize Chinese regulators and the banking industry. The IPO (Initial Public Offering) was canceled, and BABA s share price struggled, losing over 30% of its value.
5/11/2021 10:47:11 AM GMT | By Ivan Brian
BABA stock has been the focus of nervousness due to regulatory concerns.
Shares target key support as weakness spreads across the tech sector.
Alibaba has been the subject of Chinese regulatory scrutiny and possible divestment of assets.
Alibaba (BABA) is the Chinese Amazon (AMZN) and with China being a country of nearly 1.5 billion people, that is an impressive marketplace.
BABA is one of China’s most successful internet companies and has a similar business model to Amazon with an online retail marketplace, a cloud business, and a fintech e-payments business called ANT Group. ANT Group was due to IPO in late 2020 but was pulled at the last minute after BABA and ANT founder Jack Ma gave a speech in which he appeared to criticize Chinese regulators and the banking industry. The IPO (Initial Public Offering) was canceled, and BABA s share price struggled, losing over 30% of its value.
被 淘汰 的亚马逊中国：电商业务难有起色 云科技能否助其 重振旗鼓 ？_个股资讯_市场_中金在线
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