Tag Archives: baba

Alibaba Earnings Coming Amid Global Expansion Plans

As it steps up efforts to expand into international markets, Chinese e-commerce leader Alibaba Group (BABA) is set to report quarterly earnings before the open Wednesday. The consensus revenue estimate is $3.395 billion, up 33.5% from the year-earlier quarter. It would be the sixth quarter in a row of double-digit gains. The consensus on earnings per share minus items, as polled by Thomson Reuters, is 58 cents for Alibaba’s fiscal first quarter

Facebook, Google execs fill Forbes 100 tech richest rankings

Alibaba Group (BABA) CEO Jack Ma is the only non-U.S. billionaire to crack the top 10 in Forbes’ first-ever listing of the 100 richest people in the technology industry, which includes the widow of Apple’s (AAPL) Steve Jobs. Seven women made the Forbes list. Laurene Powell Jobs is the only person with Apple ties making the top 100. The list includes six people who work or have investment ties to Facebook (FB), five from Google (GOOGL) and three

Alibaba Names President, Focusing On Global Growth

Alibaba Group (BABA) announced the appointment of Michael Evans as president of the China e-commerce leader, a new position created to expand international growth. Evans has spent the last 20 years as a partner of Goldman Sachs (GS), where he served as vice chairman, head of global growth markets, and chairman of Asia. He will report to Alibaba Group CEO Daniel Zhang. Evans received his bachelor’s degree in politics from Princeton University in