Alibaba (BABA)/ 9988 HK; Jack Ma 03 (May 21 - Jun 25)

Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Jun 21)

Postby winston » Fri Sep 17, 2021 5:33 am

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Alibaba consolidates community group buying operations under new Taocaicai brand

Taocaicai is expected to offer more than 1 million products from around the world to community group buying users in China

The new brand will work closely with Alibaba’s logistics unit Cainiao and food delivery service Ele.me

by Jane Zhang

A latecomer in China’s community group buying market, Alibaba’s foray in March this year was pursued under a team called MMC.

This market is forecast to be worth about 104 billion yuan (US$16 billion) this year, up 38 per cent from 2020.

On-demand local services provider Meituan, agriculture-focused e-commerce firm Pinduoduo and ride-hailing giant Didi Chuxing, are among the Big Tech companies that compete with various start-ups in the community group buying market segment.


Source: SCMP

https://www.scmp.com/tech/big-tech/arti ... -under-new
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Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Jun 21)

Postby winston » Fri Sep 17, 2021 11:00 am

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The Real Cause of China’s Alibaba Crackdown

Political intrigue? Personal grudges? There’s a more basic cause for Alibaba’s ill fortune: The company threatens China’s monetary authority.

By Canghao Chen

Source: The Diplomat

https://thediplomat.com/2021/09/the-rea ... crackdown/
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Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Jun 21)

Postby winston » Thu Sep 30, 2021 9:42 am

Alibaba Group (BABA US)
Weak Retail Sales Numbers Weigh On Share Price


BABA share price has plunged to US$145.08 ytd in Sep 21 following weak retail sales
numbers.

We estimate BABA’s 2QFY22 revenue to grow by 32% whereas non-GAAP net
profit is estimated to decline 25% yoy due to the shift in product mix and continued
investment towards the New Retail segment.

We maintain BUY with a slightly lower target price of US$220.00 (HK$214.00).

Source: UOBKH

https://research.uobkayhian.com/content ... 194883a109
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Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Jun 21)

Postby winston » Tue Oct 05, 2021 10:02 am

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Alibaba - BUY (Weak results ahead)

We expect Alibaba’s September quarterly results to be weak given macro headwinds and higher strategic investment losses.

In our view, CMR growth may decelerate to 9% YoY, and adjusted Ebita may fall 27% YoY.

China retail sales/online goods sales surprised with only 2.3%/5.1% YoY growth in August (5%/8% YoY in Jul-Aug).

We expect Alibaba’s GMV to grow in-line with the industry at c.9% YoY in the September quarter with a stable take rate, while strategic investment losses could widen to Rmb18bn.

Slowing economic growth could put downside risk on Alibaba’s FY22 guidance.

We lower 22CL adjusted net profits by 5% and cut our target price from US$280 to US$273. Reiterate BUY.

Source: CLSA
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Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Jun 21)

Postby winston » Wed Oct 06, 2021 4:26 pm

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Buffett's Partner Charlie Munger Stretches Stake in Alibaba US Shrs by 82% in Single Quarter

Daily Journal Corporation (DJCO.US) owned by Warren Buffett's partner Charlie Munger has expanded its stake in the U.S. shares of Alibaba Group Holding Limited (BABA.US) by 82.7% within a single quarter, as of the end of September 2021, at an average price of USD182.3 per share, according to the document filed by the company to the U.S. Securities and Exchange Commission (SEC).

As of the end of September, DJCO holds approximately 302,000 U.S. shares of Alibaba, accounting for 19.86% of its entire investment portfolio.

Related News: Citi Cuts BABA-SW (09988.HK) TP to $232, Likely Hard to Meet FY22 Rev Guidance

Source: AAStocks Financial News
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Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Jun 21)

Postby winston » Tue Oct 12, 2021 9:07 pm

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This Stock Is a Screaming Buy

by Patrick Sanders

In the end, China approved a plan for Ant Group to start operating a new finance company, but Ant Group will own only half of the new company, and it will have to absorb $155 billion in outstanding loans.

Alibaba itself didn’t escape penalties. It was assessed a $2.8 billion antitrust fine.

And it was pressured to sell its minority stake in Mango Excellent Media, which is a unit of state-run Hunan TV. Alibaba took a 38% loss on that transaction.

Alibaba Cloud finally turned profitable late last year, and it’s growing fast. Cloud computing revenue is estimated to increase from $5.65 billion in 2020 to $9.3 billion this year, and then $12 billion in 2022, according to Trefis.


Source: Investor Place

https://tradesoftheday.com/2021/10/12/t ... aming-buy/
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Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Jun 21)

Postby winston » Wed Oct 20, 2021 11:01 am

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Alibaba Group Holding (BABA.N) - Highlights From Alibaba Apsara Conference (Day 1)

Alibaba kick-started its annual Apsara Conference on 19 Oct in Hangzhou with the theme "Invent, Explore, Inspire".

The four-day conference is from Oct 19-22 where there are >100 forums/sub-forums highlighting technology aspect and showcasing >450 new products.

We summarize the following highlights from day one:
1) keynote speech by AliCloud President Mr. Jeff Zhang;
2) breakthroughs and achievements in infrastructure, software and applications;
3) launch of Yitian 710 cloud-native processors and other product launches.

We view the announcement of a self-developed cloud-based processor as not entirely surprising given Ali had established the Pingtouge division under Damo Academy back in 2018, and many are aware that it has been working on chip design development.

While the first generation of Yitian 710 mainly supports Alicloud's own cloud operation, we believe with improved processing capability and proven case studies, Ali will work openly with external partners riding on industrial digitization transformation in China. Buy | Target price US$240.00

Source: Citi
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Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Jun 21)

Postby winston » Thu Oct 21, 2021 9:25 am

Alibaba Group (BABA US)
AliCloud Summit: Transforming Into More Hardcore Tech; Self-Developed Chip
Unveiled


Alicloud held its cloud summit during 19-20 Oct, highlighting the current and future
cloud landscape in China.

It also launched its self-developed chip during the two-day summit to boost its competitiveness in the cloud computing business.

We expect the current tightening regulation within the internet sector and the previous loss of TikTok to continue to drag on Alicloud’s growth moving forward.

We maintain BUY with an unchanged target price of US$220.00 (HK$214.00).

Source: UOBKH

https://research.uobkayhian.com/content ... 1f18fcbfe5
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Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Jun 21)

Postby winston » Thu Nov 18, 2021 9:11 pm

BABA-SW 2FQ Results Miss; Alibaba (BABA.US) Sags Over 5% in Pre-mkt

BABA-SW (09988.HK) -8.800 (-5.340%) announced the results for the 2FQ ended September 2021.

Revenue was RMB200.69 billion, an increase of 29% annually.

Aggregate revenue of international commerce retail and international commerce wholesale was RMB15.092 billion, an increase of 34% year-over-year.

The cloud computing revenue was RMB20.007 billion, an increase of 33% year-over-year.

Net income attributable to ordinary shareholders was RMB5.367 billion.

Non-GAAP net income was RMB28.524 billion, a decrease of 39% year-over-year, missing median consensus.

According to brokers' forecasts as compiled by our reporters, the company's 2FQ non-GAAP net income may range RMB26.53-40.366 billion, down 14.3%-43.7% YoY. The median forecast is RMB34.033 billion, down 27.7% YoY.

Alibaba (BABA.US) slid 5.5% in pre-market trading, last posting at US$152.67.

Source: AAStocks Financial News
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Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Jun 21)

Postby winston » Thu Nov 18, 2021 9:11 pm

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BABA-SW 2FQ Results Miss; Alibaba (BABA.US) Sags Over 5% in Pre-mkt

BABA-SW (09988.HK) -8.800 (-5.340%) announced the results for the 2FQ ended September 2021.

Revenue was RMB200.69 billion, an increase of 29% annually.

Aggregate revenue of international commerce retail and international commerce wholesale was RMB15.092 billion, an increase of 34% year-over-year.

The cloud computing revenue was RMB20.007 billion, an increase of 33% year-over-year.

Net income attributable to ordinary shareholders was RMB5.367 billion.

Non-GAAP net income was RMB28.524 billion, a decrease of 39% year-over-year, missing median consensus.

According to brokers' forecasts as compiled by our reporters, the company's 2FQ non-GAAP net income may range RMB26.53-40.366 billion, down 14.3%-43.7% YoY. The median forecast is RMB34.033 billion, down 27.7% YoY.

Alibaba (BABA.US) slid 5.5% in pre-market trading, last posting at US$152.67.

Source: AAStocks Financial News
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