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The Chinese tech giant faces rising competition from the likes of JD.com and Pinduoduo.

Last year tech companies laid off a total of 154,336 employees, according to Layoffs.fyi.

Shares of Alibaba Group Holding Limited (NYSE:BABA – Get Rating) have earned a consensus recommendation of “Buy” from the fourteen analysts that are covering the stock, MarketBeat.com reports. Thirteen equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price […]

Read more about Foreign national arrested for smuggling cocaine worth Rs 11 crore at Delhi airport: Customs on Devdiscourse

An annual report lays out only the fourth decline in charitable giving in four decades, after two of the strongest years on record.

Sweet Financial Partners LLC decreased its stake in shares of Alibaba Group Holding Limited (NYSE:BABA – Get Rating) by 11.1% during the first quarter, HoldingsChannel reports. The firm owned 5,227 shares of the specialty retailer’s stock after selling 650 shares during the quarter. Sweet Financial Partners LLC’s holdings in Alibaba Group were worth $534,000 at […]

Focused Wealth Management Inc lessened its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA – Get Rating) by 39.3% during the 1st quarter, HoldingsChannel reports. The fund owned 2,281 shares of the specialty retailer’s stock after selling 1,478 shares during the period. Focused Wealth Management Inc’s holdings in Alibaba Group were worth $233,000 as […]

Alibaba Group (NYSE:BABA – Get Rating) had its price target boosted by research analysts at Loop Capital from $130.00 to $135.00 in a research note issued to investors on Tuesday, The Fly reports. Loop Capital’s price target points to a potential upside of 55.58% from the stock’s previous close. Several other brokerages have also commented […]

The 85 geckos, two snakes and two scorpions had a total retail value of 47,000 euros ($51,400), the Ministry of Finance reported on Tuesday.

Alibaba Group Holding Ltd. is shaking up its leadership, with Daniel Zhang planning to step down from his roles as both chairman and chief executive.