Astrada Advisors has increased its valuation range for Alibaba to $144-$165 per share, up from $128-$148, due to shrinking losses in Alibaba's Quick Commerce segment and strong momentum in AI and cloud services. The Quick Commerce unit is nearing breakeven, with losses expected to drop from RMB 16 billion to RMB 10 billion sequentially, which supports margin recovery. Despite ongoing macroeconomic challenges and overseas competition, the shift towards profitability in Quick Commerce and growth in high-margin cloud services underpin a positive outlook for the second half of the year.
The Oakmark International Strategy portfolio posted a net return of 8.28% for the reporting period, underperforming the MSCI World ex USA Index which returned 10.22%. Key contributors to the portfolio's performance included Samsung Electronics Pfd, a...
A class action lawsuit has been filed against Alibaba Group Holding Limited by investors who bought Alibaba securities between June 26, 2025, and June 24, 2026. The lawsuit alleges that Alibaba was included on a U.S. Department of Defense list of Chi...
Robbins Geller Rudman & Dowd LLP announced a class action lawsuit against Alibaba Group for alleged violations of securities laws between June 2025 and June 2026. The lawsuit claims Alibaba and its CEO made false or misleading statements about the co...
Pomerantz LLP is investigating Alibaba Group Holding Limited for possible securities fraud and unlawful business practices following reports that Alibaba illicitly accessed an AI model and entered a $600 million non-prosecution agreement with the US ...
Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased Alibaba securities between June 26, 2025, and June 24, 2026. The lawsuit alleges that Alibaba made false or misleading statements about its affiliation with the Chin...
