Alibaba (BABA)/ 9988 HK; Jack Ma 01 (May 08 - Apr 16)

[behappyalways]

Alibaba's $105 Billion Lockup Ends, Putting Focus on Yahoo Stake
http://www.bloomberg.com/news/articles/ ... ahoo-stake

[winston]

not vested

Alibaba Reportedly to Release Pay Watch

The marketing director in Alibaba's mobile department published a picture of a piece of watch on his Weibo, leading to concern and speculation.

The Chinese media reported that the watch on Weibo is called "Pay Watch", the crowdfunding of which will kick off on 15 October on Taobao.

It was reported that the watch is a smart product which can support the payment services without connecting to the Internet.

Source: AAStocks Financial News

[behappyalways]

Alibaba Firm Riles Gov't with Promotions for Credit Score Service
http://english.caixin.com/2015-09-28/100859064.html

[behappyalways]

Alibaba Sees 12 Analysts Cut Forecasts as Slump Hits $75 Billion
http://www.bloomberg.com/news/articles/ ... 4_headline

[winston]

Alibaba, JD could benefit from doubling of China luxury spending

[HONG KONG] Alibaba Group Holding may be witnessing a slowdown in online transaction growth, yet it can find consolation in China shoppers boosting their budgets for luxury items.

Consumers are open to paying as much as 4,200 yuan (S$942.98) for a single item online, according to a KPMG survey released Tuesday. That is more than double the 1,900 yuan reported in last year's survey and may be a boon to e-commerce companies, including Alibaba and JD.com, facing an economic slowdown in China.

Shoppers drawn by pricing and better deals are willing to spend more on everything from premium cosmetics and spa treatments to shoes and handbags, said Egidio Zarrella, a partner at KPMG.

The survey comes as Alibaba tries to revive growth through new services and high-end labels while confronting criticism it's a haven for counterfeits.

"Luxury items only account for a limited proportion of Alibaba's sales as of now," said Ray Zhao, a Shenzhen-based analyst at Guotai Junan Securities Co."But you do see Alibaba spending a lot of effort trying to incorporate premium foreign brands onto its platform as part of its international strategy."

Alibaba is expecting one of its most important shopping days on Nov 11, a promotion that saw Chinese consumers spend more than 57.1 billion yuan last year. The company said it wants to focus on expanding international markets and location-based services this year.

Alibaba has signed more international brands, including L'Oreal and Apple, for its e-commerce platforms. In August, it reached an agreement to bring the Macy's online store to China.

KPMG's survey, which didn't name specific brands or companies, also found that almost a third of respondents bought luxury items online at full price. Cosmetics were the most popular products, followed by women's shoes, bags and leather goods. KPMG based its report on answers from 10,150 people in China.

"Chinese consumers are willing to pay a higher price if it's good quality," Zarrella said in Hong Kong. "We specifically chose luxury because it gives you a good idea of where the economy is going in the high-dollar spend."

Alibaba's growth has been hit by a Chinese economy expanding at the slowest pace in 25 years. The company is expected to post 27 per cent growth in revenue for the September quarter, according to analyst estimates, compared with average growth of 61 per cent during the previous seven periods.

Twelve analysts have cut sales predictions for Alibaba in the past four weeks, according to data compiled by Bloomberg.

On Monday, the American Apparel & Footwear Association said Alibaba's Taobao online shopping platform should be put back on the U.S. government's "Notorious Markets" list for failing to stop the sale of fakes.

Alibaba is willing to discuss the issue with the trade group, the Hangzhou, China-based e-commerce company said in an e-mail.

Taobao is synonymous with counterfeits and has been unwilling to make serious reform since it was removed from the list in 2012, the AAFA said in a statement.

The office of the US Trade Representative compiles the annual list of "Notorious Markets" to identify counterfeit goods from jeans to car parts. The association objected to the government's decision to remove the company from the list before its initial public offering.

Source: BLOOMBERG

[winston]

Alibaba's Ma says concerns about China consumption overdone

Alibaba Group Holding Ltd Chairman Jack Ma, looking to calm investors after a slide in the e-commerce company's shares, said concerns about slowing consumption in China were overdone.

Alibaba has lost more than a third of its value so far this year as fears of slowing growth in China, the company's biggest market, unnerved investors.

Ma, in a letter to investors on Thursday, sought to downplay such concerns.

"We predict that over 50 percent of China's consumption will be conducted online within 10 years, and that means massive potential for the e-commerce market," Ma said. (bit.ly/1LnRAqt)

Alibaba, however, has been struggling with slowing growth in recent months.

It warned in September that the total value of transactions in the second-quarter would be lower than previously thought, a fresh signal that China's slowdown was taking a bite out of consumer spending.

"Recently, signals of China's economic slowdown have triggered widespread concern and, I believe, overreaction around the world," Ma said in the letter.

China's economy grew 7 percent in the second quarter, according to the National Bureau of Statistics, and the government expects full-year growth to be about the same, making it the weakest annual growth in 25 years.

Ma said the current GDP growth pattern was not sustainable.

"If China continues to pursue the high growth rates of the past, then China will pay a high price," he said, adding that the country's economic development should be focused more on quality than on quantity.

Alibaba's shares were up 1.1 percent at $66.99 in morning trading on the New York Stock Exchange on Thursday.

Source: Reuters

[winston]

Alibaba Stock Price Climbs After This Shareholder Letter Delivery (NYSE: BABA)

Source: Money Morning

http://moneymorning.com/2015/10/08/alib ... nyse-baba/

[winston]

Jack Ma: Alibaba GMV Can Reach US$500B This Year

Jack Ma mentioned on Tmall.com's "Double 11" kick-off ceremony that Alibaba's gross merchandise volume (GMV) in this fiscal year is expected to amount to US$500 billion, reflecting a great potential on the internet.

He believed the consumption growth in China no longer relied on the sales channels in traditional physical stores.

Source: AAStocks Financial News

[behappyalways]

Alibaba Offers $4.6 Billion for Rest of Youku Video Site
http://www.bloomberg.com/news/articles/ ... 60-a-share

[winston]

Alibaba Still Has Issues, But BABA Stock Got a Little More Attractive Today

The addition of Youku Tudou at the very least brings a new batch of potential customers to the company's other offerings... and vice versa

By James Brumley

Source: Investor Place

http://investorplace.com/2015/10/alibab ... iHlj6QSwdM