Market capitalization is the total value derived from the number of outstanding shares and the price per share. Alibaba Group Holding Ltd. engages in providing online and mobile marketplaces in retail and wholesale trade. How Jim Cramer Came to Hate Then Love Tesla, Regal, Cineworld Closing Hundreds of Movie Theaters. Binjiang District Find real-time BABA - Alibaba Group Holding Ltd stock quotes, company profile, news and forecasts from CNN Business. The company is slated to propose the stock split to shareholders at its upcoming annual general meeting, which is scheduled for July 15 in Hong Kong. Jack Ma and 17 others founded Alibaba’s online marketplace in 1999, and achieved profitability for the first time in 2001. Updated daily, it takes into Alibaba (BABA) has announced a one-to-eight stock split. Find dividend paying stocks and pay dates. China. After-market 06:34:30 PM BTT. The Core Commerce segment comprises of platforms operating in retail and wholesale. Earnings. Touch device users, explore by touch or with swipe gestures. account day-to-day movements in market value compared to a company’s liability structure. Remember, when a company goes through a stock split, it only alters the price of the stock and not the value of one's holdings. Data is currently not available. The conglomerate was founded in 1999, and went public in the US in 2014. In the past, companies like Apple (AAPL) have also announced stock splits. Registration on or use of this site constitutes acceptance of our, Alibaba says it will buy 22% of Ant Group shares in IPO, New Anti-Trust Suit Makes Google the New Microsoft, IBM, Alibaba, and Huawei sign on to help Saudi Arabia's AI push, The Zacks Analyst Blog Highlights: Alibaba, Berkshire Hathaway, Coca-Cola, Medtronic and Fiserv, T. Rowe Price Associates, Inc. (Investment Management), Vanguard Total International Stock Index Fund, Temasek Holdings Pte Ltd. (Investment Management), Vanguard Emerging Markets Stock Index Fund. Earnings Announcement for Period Ending Q2/2020. Add to watchlist Start Trading >> 309.81 +4.52 +1.48%. balance sheet and inputs from the stock market. Disclaimer | Data is currently not available. Although Alibaba has pared some of its 2019 gains as Chinese stocks have come under pressure amid the escalation in the US-China trade war, it’s still up 15.3% for the year. China’s online retail sales increased by 17.8% year-over-year last month. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China. Alibaba has its hands in a number of industries, including artificial intelligence research, payments technologies, cloud computing in addition to its flagship online retail operation. When autocomplete results are available use up and down arrows to review and enter to select. It operates through the following business segments: Core Commerce; Cloud Computing; Digital Media and Entertainment; and Innovation Initiatives and Others. The Chinese holiday is now the largest single day for global online sales each year, and brings in significant revenues for the company. Alibaba popularized Singles day as the world’s biggest shopping holiday. Stock analysis for Alibaba Group Holding Ltd (BABA:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. With the stock split, Alibaba could hope to attract more interest in its Hong Kong listing. © 2020 Insider Inc. and GmbH (Imprint). Stock quotes by, Alibaba group is an online shopping company based in China. Read China’s Retail Sales Beat Expectations—Here’s Why for more analysis. The country’s May retail sales data was better than expected, but its industrial production and fixed asset investment data disappointed. 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The company is reportedly planning a Hong Kong listing that could raise almost $20 billion for the Chinese e-commerce giant. Stock splits help create liquidity in the stock, as more retail investors can then consider buying the stock. Alibaba claims that the stock split will also create a lower point of entry for more investors. The Digital Media and Entertainment segment relates to the Youko Tudou and UC Browser business. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Hangzhou, 310052 Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s