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07-17 | Alibaba Under Review in China for AI System's Compliance With Socialist Values | MT |
07-17 | SoftBank Group to Book 546 Billion Yen Gain on Alibaba Share Dealings | MT |
March 28, 2023 at 10:32 am
(Reuters) - Alibaba Group Holding Ltd plans to split its $220 billion business into six main units, encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings, Bloomberg News reported on Tuesday.
(Reporting by Lavanya Ahire in Bengaluru; Editing by Savio D'Souza)
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Company Profile
Alibaba Group Holding Limited is the leading online Chinese marketplace. The group provides computing platform allowing individuals and professionals to make their buying and selling transactions of goods and services. The activity is organized around 3 areas:- operation of e-commerce platform: Websites holding (Alibaba.com, Taobao.com, Tmall.com, Juhuasuan.com, Aliexpress.com, 1688.com, etc.);- online payment services: services ensured through the Alipay.com platform;- other: development of price comparison, interface and Web application portals, dematerialized management platforms of computing infrastructure, etc.
Sector
Internet Services
Calendar
30/07/2024 - Q1 2025 Earnings Release (Projected)
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Analysis / Opinion
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Ratings for Alibaba Group Holding Limited
Trading Rating
Investor Rating
ESG Refinitiv
C-
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Analysts' Consensus
Sell
Buy
Mean consensus
BUY
Number of Analysts
44
Last Close Price
559.4CNY
Average target price
760.8CNY
Spread / Average Target
+36.00%
Consensus
EPS Revisions
Estimates Revisions
Quarterly earnings - Rate of surprise
Company calendar
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- Alibaba splits into six units that may pursue individual IPOs -Bloomberg News