Added to YB: 2024-02-22
Pitch date: 2024-02-21
BABA [bullish]
Alibaba Group Holding Limited
+115.29%
current return
Author Info
No bio for this author
Company Info
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.
Market Cap
$2.5T
Pitch Price
$72.31
Price Target
N/A
Dividend
0.65%
EV/EBITDA
14.34
P/E
21.78
EV/Sales
2.52
Sector
Broadline Retail
Category
growth
Alibaba: Reclaiming The Throne
BABA pivots to price-competitive e-commerce amid regulatory pressure & rivalry from PDD, Temu, Shein. Despite Q3 growth, margins dip as BABA adopts AI & customer-centric approach. With CSRC support & strategic refocus, BABA aims to recapture market share in China's growing digital economy.
Read full article (7 min)