Baidu (BIDU) and Alibaba (BABA) are running food takeout-delivery businesses in China that will not make any money, according to a research report. Takeout delivery companies in China, such as those operated by Chinese search giant Baidu and online shopping leader Alibaba, use subsidies to incentivize shoppers to be loyal to platforms, as well as attract new customers in the competitive sector. Summit Research doesn’t believe the model is
Yahoo (YHOO) investors “are sentenced to another year of fumbling and uncertainty” now that the Web portal has canceled the spinoff of its valuable stake in China ecommerce giant Alibaba (BABA) and will pursue spinning off its core business instead, according to an industry report on Thursday from Edison Investment Research analyst Richard Windsor. “The rationale behind this change is simply that spinning Alibaba carries a risk of substantial
Yahoo (YHOO), which went public nearly 20 years ago, may retain some youthfulness by holding onto its stake in up-and-coming Chinese e-commerce giant Alibaba (BABA), highlighting the shift from older tech leaders to other new ones like Facebook (FB) and Avago Technologies (AVGO). Although stocks have been struggling as of late, Alibaba, Facebook and Avago have been performing better than the overall average. Plus, stocks that are still relatively