Alibaba (BABA)/ 9988 HK; Jack Ma 01 (May 08 - Apr 16)

[winston]

not vested

Luxury brands suing Alibaba say mediation looks futile after Ma comments

Source: Reuters


http://finance.yahoo.com/news/luxury-br ... 32314.html

[winston]

not vested

Alibaba Declines on Jim Chanos' Comments; JD.com Gains

Conclusion

Though the weakness in China remains a matter of concern, Alibaba doesn’t seem overly affected by it.

The company’s focus on both developing and mature e-Commerce markets outside China, will further expand its cross-border commerce and boost profits.

Moreover, the company’s focus on offering international brands to Chinese customers is quite encouraging.

This strategy not only contributes to cross-border commerce growth but also increases take rates.

As a result, demand is relatively inelastic and less impacted by macro concerns and GDP growth.

Source: Zacks Equity Research

http://finance.yahoo.com/news/alibaba-d ... 09769.html

[winston]

not vested

What To Expect From Alibaba’s Singles Day Sale? 80 Billion Yuan By Shuli Ren

Alibaba Group (BABA) somehow managed to transform a non-event day – November 11 – into the world’s biggest annual shopping event.

Singles Day is a big deal. Last year, Alibaba managed to reap 7% of its December-quarter gross merchandise value (GMV) in one day. We shouldn’t expect this year to be any different.

We will have over 40,000 merchants offering around 6 million products, logistics companies lining up to deliver Alibaba’s orders on time, and a fancy gala tomorrow night in Beijing. Even Macy’s is joining Alibaba’s Singles Day sale this year.

So what should investors expect?

This blog will keep it simple for all of us: 80 billion yuan GMV.

J.P. Morgan, for instance, expects Alibaba to deliver 75-80 billion yuan GMV tomorrow, a 36% increase year-on-year at the midpoint and below last year’s 63% growth rate. But investors’ expectations are higher. “We believe investors are looking for 40% GMV growth this year,” or 80 billion yuan, noted Deutsche Bank‘s Alan Hellawell III.

Unlike last year, investors are feeling cautious ahead of the Singles Day sale. Shares of Alibaba fell for the 3rd consecutive day on Monday. This stock is down 21.7% this year.

Source: Barron's Asia

[behappyalways]

China Singles' Day sales near $4bn in first hour
http://www.bbc.com/news/business-34773940

[behappyalways]

China's Alibaba breaks Singles Day record as sales surge
http://www.bbc.com/news/business-34773940

[behappyalways]

李克強電賀　盼網購打救經濟
阿里光棍節交易額912億
http://hk.apple.nextmedia.com/internati ... 2/19369496

[winston]

not vested

Singles Day record brings silver lining to retail gloom

The record haul of 91.2 billion yuan (HK$110.98 billion) in sales by Alibaba Group Holding during its Singles Day promotion, provided a bright spot amid concern about mainland Chinese consumer spending.

The Wednesday event, which generated a 60 percent sales increase from a year earlier, was part of chairman Jack Ma Yun's strategy to transform Alibaba's online marketplaces into platforms for international trade.

A third of buyers made purchases from merchants and brands outside of China during the one- day promotional event. Ma has set a goal of getting 50 percent of the firm's revenue from beyond China.

The success of Singles Day highlighted how US companies can pursue growth in China, said Keith Anderson, vice-president of strategy and insights at the Boston research firm Profitero.

"Alibaba is a pathway for growth for American and European brands," Anderson said. Nike sneakers and Levis jeans were among the top-selling items, according to Alibaba.

"Singles Day was a big success for Alibaba," said Wedbush Securities analyst Gil Luria. "However, I do not believe we can extrapolate from that strength to the entire Chinese economy."

Tapping into rising disposable incomes has paid off for China's e-commerce giant.

"Consumers who can create and lead demand will survive," Ma said. "In the next 15 years, China's economy will be good."

Alibaba estimated 1.7 million deliverymen, 400,000 vehicles and 200 airplanes would be deployed to handle packages holding everything from iPhones to underwear. Mobile devices made up 69 percent of Singles Day transactions.

To boost traffic on its platforms, Alibaba is focusing on luring US retailers to China, said president Michael Evans. It is opening a third US office in New York, along with Washington and San Francisco.

Source: BLOOMBERG

[winston]

not vested

Gucci, YSL, others suing Alibaba back down on mediation threat

Source: Reuters

http://www.reuters.com/article/2015/11/ ... RvBUoGL.97

[winston]

What's Next for the Alibaba Stock Price After Massive Singles' Day Sales (NYSE: BABA) By KYLE ANDERSON

The Bottom Line:

Alibaba reported record Singles' Day sales today, as more than $1 billion was spent over Alibaba's sites in just eight minutes. The news sent Alibaba shares higher in morning trading, and the Alibaba stock price has now climbed 37% since Oct. 1.

Because of the growing Internet industry in China, and the company's global growth plan, we continue to recommend Alibaba stock as a long-term investment.

Source: Money Morning

http://moneymorning.com/2015/11/11/what ... nyse-baba/

[behappyalways]

Closer Look: Double 11 Is Big, but Is It Good?
http://english.caixin.com/2015-11-13/100873867.html