|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||13.75 - 14.68|
|52-week range||13.75 - 35.07|
|Beta (5Y monthly)||0.86|
|PE ratio (TTM)||1.96|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Alibaba said it would form two new units to house its main e-commerce businesses - international digital commerce and China digital commerce, in a bid to become more agile and accelerate growth. The international digital commerce unit will house Alibaba’s overseas consumer-facing and wholesale businesses, and include AliExpress, Alibaba.com and Lazada.
HANGZHOU, China, December 06, 2021--Alibaba Group today announced that Toby Xu, Deputy Chief Financial Officer, will succeed Maggie Wu as the company's CFO, effective April 1, 2022.
Shares of Alibaba (NYSE: BABA) fell another 22.7% in November, according to data from S&P Global Market Intelligence. The company not only reported underwhelming earnings, but also sold off after China's Cyberspace Administrator asked another company to delist from U.S. exchanges, causing new worries for Chinese stocks like Alibaba that are also listed in the U.S. In the quarter ended in September, Alibaba grew revenue 29% and reported earnings per share of $1.74 per American depositary share (ADS).