|Bid||40.85 x 100|
|Ask||40.89 x 100|
|Day's range||40.67 - 42.89|
|52-week range||30.76 - 50.68|
|PE ratio (TTM)||N/A|
|Earnings date||7 May 2018 - 11 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||51.83|
JD.com, eager to embrace the moniker of "China's Amazon," has several high-tech initiatives in the works, helping it keep abreast of its American counterpart.
In February, Alibaba (BABA) announced that it was investing ~$870 million in a 15% stake in Easyhome, a leading home-improvement chain in China. Easyhome started its operations in 1999, and it has grown to become China’s second-largest home improvement and furniture provider, with 223 outlets across the country.
Amazon (AMZN) captured 18% of the US online grocery market in 2017, double the market share of its closest competitor, Walmart (WMT), according to One Click Retail. Amazon’s rise in the grocery business poses a huge threat to traditional retailers such as Walmart, Costco (COST), and Kroger (KR), which rely on grocery sales for a substantial portion of their revenues.
In January 2018, Amazon (AMZN) raised its monthly Prime membership fee 18% to $12.99, but it kept its annual fee at $99. This price hike was viewed as an attempt by Amazon to get customers to sign up for the annual plan, as customers opting for the monthly plan could end up paying $156 per year under the new rates. Annual subscriptions make Amazon’s membership-fee revenue more predictable.
Chinese internet rivals Alibaba and JD.com have ploughed into the offline grocery business, investing billions in bricks-and-mortar retailers and even opening their own supermarkets amid signs that online ...
As China’s expanding middle-class population fuels demand for high-quality imported products, JD.com (JD) and Alibaba (BABA) are racing against each other to woo foreign brands to connect with Chinese consumers through their platforms. If a recent comment by JD’s cofounder and CEO, Richard Liu, is any indicator, the company could capitalize on Alibaba’s struggle with brand piracy to undercut it in competition to woo foreign brands looking to sell in China.
Last month, as part of its push to drive cross-border trade on its platforms, JD.com (JD) opened a regional headquarters for Australia and New Zealand in Melbourne, Australia. The move for a regional office in Australia came at a time when JD was seeing strong demand for Australian and New Zealand products on its e-commerce sites. China’s expanding middle-class population is driving demand for high-quality imported products, and JD and its rival Alibaba (BABA) are making efforts to meet this demand.
Film production and digital entertainment is Alibaba’s (BABA) second-largest business, but it accounts for less than 10% of the company’s overall revenue. Alibaba’s entertainment business generated $832 million in revenue in fiscal 3Q18 (the quarter that ended in December 2017), representing a rise of 33%. The entertainment business contributed 6.5% of BABA’s overall revenue in the quarter.
Of Giosis’s many operations in Asia, eBay (EBAY) singled out the Japan business for purchase. The financial terms of the deal were not disclosed, but Bloomberg reported that eBay was paying $700 million to acquire the assets of Giosis in Japan. The investor reaction to eBay’s deal with Giosis was largely muted, with shares of eBay falling nearly 1.6% on the day it disclosed its purchase of Qoo10 and other Japanese assets of Giosis.
NEW YORK, March 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Alibaba, Tencent, JD.com, YY and 58.com, highly rated Chinese internet companies, now have proper bases and buy points. Let's look at the stock charts.
In 2018, China intends to improve supervision of its financial sector, according to an annual work report released recently by the country’s head of government, Li Keqiang. The report also included projections for growth and inflation in 2018, with China expecting its economy to expand ~6.5%. As part of China’s increasing supervision of its financial sector to reduce risks, it is expected to continue its crackdown on Internet finance and shadow banking, the practice of providing financial services under unregulated conditions.
Amazon (AMZN) was recently granted a pair of patents for a wristband tracker system, GeekWire reported. Amazon’s smart wristbands would track the hand movements of the wearer. By moving equipment to associates’ wrists, we could free up their hands from scanners and their eyes from computer screens,” Amazon said in a statement cited by GeekWire.