Tag Archives: baba

Netflix Reportedly In Talks To Enter Chinese Market

Netflix (NFLX) is reportedly in talks to enter China and is looking at a possible partnership with a media company partially owned by Alibaba (BABA) founder Jack Ma. The streaming video service provider has had discussions with Wasu Media and other Chinese companies about forming a partnership, as Netflix looks to go global by the end of next year, according to reports in Bloomberg and the Wall Street Journal. Ma has a 20% stake in Wasu Media, and

5 Chinese Stocks With Stellar Long-Term Profit Gains

Past big market winners have shown robust earnings and sales increases before making big price moves. Today’s Screen of the Day is Top Fundamentals, which highlights market winners in the making. Let’s focus on the Chinese stocks that made the screen: Alibaba (BABA), Autohome (ATHM), Vipshop (VIPS), Cheetah Mobile (CMCM) and Noah Holdings (NOAH). Alibaba has a 3-year EPS growth rate of 87% and an IBD Composite Rating of 86 out of 99. On Wednesday,

Alibaba Offers 3-Hour Delivery For Health Care Items

Alibaba (BABA) announced Tuesday it will offer three-hour delivery for health care items to take on rival JD.com (JD). Alibaba’s Ji Su Da or “fast delivery” will deliver non-prescription drugs and other health care products to users in Beijing and Shanghai and three other cities. The service is set to expand to 19 cities by the end of the year and eventually include products other than health care. Alibaba shares were up 0.5% in premarket trading