Tag Archives: baba

Alibaba Mobilizing As Buying Shifts Amid Margin Pressure

Alibaba Group’s (BABA) profit margins are slipping as it spends to adapt its e-commerce platform to mobile apps, but investments should pay off as Goldman Sachs forecasts mobile revenue to overtake nonmobile revenue in 2017. China’s e-commerce leader last week reported fiscal Q4 revenue growth of 45% and said that it had processed $97 billion in gross merchandise volume (GMV), up 40% from the year-earlier quarter. Its platforms, including Taobao

Knock, Knock: Apple iBeacons, Looking For You

With most U.S. adults using smartphones, more retailers are looking for ways to use the devices to reach out to customers while the customers are right there in their store. Companies ranging from Facebook (FB) to Alibaba (BABA) to Walgreens (WBA) have tested an emerging technology that could automatically tip off retailers that someone is lingering in the shoe department and then quickly deliver individually tailored offers to that shopper’s

Alibaba Earnings Ease Fears Of Momentum Slowdown

Alibaba Group stock jumped 7.5% Thursday after China’s e-commerce leader reported quarterly earnings that alleviated worries about the company, which is fighting battles on multiple fronts. Alibaba (BABA) said that it processed $97 billion in gross merchandise volume, up 40% from the year-earlier quarter. Its platforms, including Taobao and Tmall, handle about 80% of China’s e-commerce. Overall, Alibaba reported revenue of $2.81 billion, up 45%