Alibaba Group Announces September Quarter 2020 Results
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Benchmark Reiterates Buy Rating on Alibaba (BABA)
November 6, 2020 7:20 AM ESTBenchmark analyst Fawne Jiang reiterated a Buy rating and $355.00 price target on Alibaba (NYSE: BABA) following the company's 2Q earnings report. BABA reported F2Q21 results with largely in-line revenue and better-than-expected Adj. EBITDA and EPADS.
The Company continued to acquire... More
Alibaba (BABA) Tops Q2 EPS by 55c, Revenues Fall Short
November 5, 2020 6:46 AM ESTAlibaba (NYSE: BABA) reported Q2 EPS of $2.65, $0.55 better than the analyst estimate of $2.10. Revenue for the quarter came in at $22.84 billion versus the consensus estimate of $23.1 billion.
Mobile MAUs on our China retail marketplaces reached 881 million in September 2020, an increase of 7 million over June 2020.Alibaba had another strong quarter. We continued... More
