|Bid||0.00 x 3000|
|Ask||0.00 x 1000|
|Day's range||20.12 - 21.19|
|52-week range||19.21 - 50.68|
|Beta (3Y monthly)||1.38|
|PE ratio (TTM)||139.52|
|Earnings date||28 Feb 2019 - 4 Mar 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||29.85|
Ant Financial is World’s Largest Fintech Company, Alibaba Owns 1/3 Stake By John Jannarone Chinese fintech firm Ant Financial has agreed to buy $100 million of shares in Brazilian digital-payments company StoneCo (ticker: STNE), adding to a list of high-profile buyers that have taken interest in the IPO slated to price this week at a […]
NEW YORK, Dec. 06, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Baidu’s (BIDU) expenses jumped 26.6% YoY (year-over-year) to $3.4 billion in the third quarter. Major cost drivers at Baidu recently have been content acquisitions and R&D (research and development). Baidu’s content expenses jumped 73% YoY mainly due to an increase in content costs at iQiyi (IQ), the company’s Netflix-like online video service.
JD.com (JD) CEO Richard Liu will focus more on overseeing the company’s new businesses while leaving his team to run more mature businesses. JD’s top executive’s decision to focus on overseeing new businesses suggests that efforts to diversify the company’s revenue streams are gaining momentum. JD currently generates the vast majority of its revenue from its core commerce business. But the company has sought to diversify, venturing into businesses such as financial services, cloud computing, and parcel delivery.
According to Baidu (BIDU) CEO Robin Li, the company would not have become the technology giant it is today if it were not for the favorable policies that the Chinese government has adopted to support private sector growth in the country. In recent months, the leaders of some of China’s top technology companies have come out in praise of what they have portrayed as Beijing’s contribution to their success, the South China Morning Post has reported.
JD.com (JD) stock has plunged in 2018 and hit multiyear lows. In addition to the trade standoff between the United States and China that has generally caused sell-offs in global stocks in recent months, the sell-off in JD stock can also be linked to challenges particular to the company. In the first JD-specific challenge is the company reported third-quarter revenue that missed the consensus estimate.
Alibaba (BABA) recently restructured its business groups in a way that shows an increased emphasis on cloud computing and cross-border e-commerce. As part of the reorganization, Alibaba’s Cloud unit has been renamed the Alibaba Cloud Intelligence Group. Cloud revenues grew 90% YoY to $825 million in Alibaba’s fiscal 2019 second quarter, which ended on September 30.
China (FXI) Internet giant JD.com (JD) rose 6.2% on November 26 to close at $20.46. JD.com stock has been severely impacted this year by the trade war between the United States and China. A slowing domestic economy coupled with the CEO’s legal troubles have also weighed on the stock.
A combination of economic woes in China, falling profits, and concerns about its CEO has sent the Chinese e-commerce stock plunging this year.
JD.com's (JD) third-quarter earnings are driven by strength in the company's new businesses. However, weak demand for large ticket electronics and appliances impacts its revenues.
Gore’s Generation Investment Management sold out of the Chinese firm and the card giant in the third quarter, before both stocks tumbled. Generation also doubled down on Deere and Analog Devices.
Sony, the Japanese technology and entertainment conglomerate, has also committed to purchase $5 million of stock in the IPO, one of the people said. Any offering would add to the $33 billion of first-time share sales in Hong Kong this year, more than double the same period in 2017, according to data compiled by Bloomberg.
Let’s talk about the popular JDcom Inc (NASDAQ:JD). The company’s shares received a lot of attention from a substantial price movement on the NasdaqGS over the last few months, increasing Read More...
The building of a team of thousands of drivers to help with holiday deliveries could see Amazon (AMZN) kill two birds with one stone. Speed is reshaping retail competition globally, which is why Walmart (WMT) has explored utilizing its store staff to deliver online orders to customers’ doors after completing their shifts. The delivery army that Amazon is working to put together could help the company cut the time it takes to fulfill orders this holiday season.
On Monday, tech stocks were hit hard after Apple cited a slowdown in iPhone production and JD.com (JD) reported disappointing sales guidance. Other factors including the ongoing trade war, political uncertainty, and global worries also weighed on the stocks. Apple’s weak iPhone demand led to a fall of ~4.0% in the stock.
The stock of China (FXI) e-commerce giant JD.com (JD) fell 8.4% on Monday after the tech giant reported its weakest quarterly revenue growth since its initial public offering in 2014. JD.com, which is backed by Walmart (WMT), Alphabet’s (GOOGL) Google, and China’s Tencent, reported better-than-expected earnings in its third quarter of 2018, which ended in September, but missed revenue estimates. The upbeat earnings came after the company posted robust sales growth in its tech services unit, which was almost double the growth rate of its general product sales.
Major technology companies, particularly Internet and FAANG (Facebook, Apple, Amazon, Netflix, and Google) stocks, tumbled on Monday, pulling down the market indexes. The sell-off was a result of investor concerns about global trade, US politics, and economic growth. Waning iPhone demand, disappointing sales guidance from JD.com (JD), and trade war fear also weighed on tech stocks.
Amazon (AMZN) is offering free shipping for all its retail customers in the United States this holiday season. Amazon Prime members who pay a $199 annual fee already enjoy free shipping on millions of items bought from Amazon’s marketplace, but regular customers must spend at least $25 on Amazon before they can qualify for free shipping.