Alibaba’s Market Cap Has More Than Halved Since Ant IPO Debacle
Alibaba Group Holding Ltd (NYSE: BABA) has lost over half its market value in the year since China postponed its finance arm Ant Group's IPO,
Earnings Preview: Pinduoduo
Pinduoduo (NASDAQ:PDD) is set to give its latest quarterly earnings report on Friday, 2021-11-26. Here's what investors need to know before the announcement.
Analysts estimate that Pinduoduo will likely report an Earnings Per Share (EPS) of $0.02.
Dingdong Pulls Further Away From Old Opponent, But Profits Remain Far Off
Key points:
Dingdong’s revenue doubled in the third quarter, but its loss grew even faster by 1.4 times as it become trapped in a cycle of ‘greater losses with more income’
The company’s management admitted returns on investment are still a long way off
By Jony Ho
Revisiting Chinese Stocks On Xi’s Coronation
The West thought that capitalism would help remake China in its image. Instead, China remade capitalism in its image. Now, Xi Jinping has taken a step further by hoping to remake China his image.
Alibaba, JD Chided By China State-Run Daily For ‘Worship Of Turnover,’ Asked To Follow Examples Of Elon Musk, Jeff Bezos
Chinese e-commerce giants like Alibaba Group Holding Ltd (NYSE: BABA) and JD.Com Inc (NASDAQ: JD) came under heavy fire from a Chinese state newspaper, which chastised the firms for their “worship of turnover.”<
Barclays Sees 69% Upside In Alibaba, Hails Baidu Too
Barclays analyst Jiong Shao initiated coverage of Alibaba Group Holding Ltd (NYSE:BABA) with an Overweight and $275 price target, implying a 68.8%…
Barclays Initiates Coverage On Pinduoduo with Equal-Weight Rating, Announces Price Target of $103
Barclays initiates coverage on Pinduoduo (NASDAQ:PDD) with a Equal-Weight rating and announces Price Target of $103.