BABA - Alibaba Group Holding Limited (NYSE)

[System]

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in China and internationally.

It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online wholesale marketplace; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace. The company also provides pay for performance (P4P) and display marketing services through its Alimama marketing technology platform; and cloud computing services, including elastic computing, database services, and storage and large scale computing services through its Alibaba Cloud Computing platform. In addition, it offers payment and escrow services for buyers and sellers; and develops and operates mobile Web browsers.

The company provides its solutions primarily for businesses. Alibaba Group Holding Limited has strategic cooperation agreements with SAIC Motor and Wasu Digital TV Media Group. The company was founded in 1999 and is headquartered in Hangzhou, China.

 

[History Repeats]

Anyone in BABA? I got in on IPO day, going parabolic with recent ER and singles day sells.

 

[Garpal Gumnut]

Anyone in BABA? I got in on IPO day, going parabolic with recent ER and singles day sells.

Excuse the late reply HR, but I was preparing for my dart throw on the New York markets at 5 am tomorrow morning Australian East Proper Time and noticed BABA displaying a tasty descending triangle. This, with quite bad news yesterday on earnings and the dismal near future of Chinese stocks after Pooh Bear was mauled by Sleepy Joe, makes me think that BABA ADR's may have a dramatic fall.

My target price is $80.

gg