Alibaba Group Holding Ltd (阿里巴巴) forecast better-than-expected revenue and pledged to invest in new growth arenas, signaling its intention to move past a Chinese antitrust probe that triggered its first loss in nine years.
Jack Ma’s (馬雲) flagship e-commerce firm swung to a 5.5 billion yuan (US$852 million) net loss its first since 2012 after the company swallowed a US$2.8 billion fine for monopolistic behavior imposed by Beijing.
It now intends to refocus on its business, plowing “all incremental profit” back into technology and hotly contested areas such as community commerce, chief executive officer Daniel Zhang (張勇) said on Thursday.
Alibaba
Most weeks,
Commonwealth Bank of Australia‘s (ASX: CBA) CommSec shares service tells us both the ASX and international shares (almost always just US shares) that are the most popular with its Australian customer base.
CommSec is one of the most popular brokers in the country. As such, this information gives us a nice insight into what the average Aussie investor is finding interesting beyond our shores.
Tesla and Coinbase dominate most traded International shares on the ASX
Tesla Inc(NASDAQ: TSLA) – representing 4.8% of total trades with a 69%/31% buy-to-sell ratio.
Coinbase Global Inc(NASDAQ: COIN) – representing 4.4% of total trades with an 82%/18% buy-to-sell ratio.
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NEW YORK, April 21, 2021 /PRNewswire/ The homeware market is set to grow by USD 79.29 billion, progressing at a CAGR of over 3% during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Homeware Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2020-2024
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alibaba Group Holding Ltd., Amazon.com Inc., Bed Bath & Beyond Inc., Carrefour SA, J. C. Penney Co. Inc., Target Corp., The Home Depot Inc., Walmart Inc., and Williams-Sonoma Inc. are some of the major market participants. The innovation and portfolio extension will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the
Internet platforms get guidance on fair market play-Eastday eastday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastday.com Daily Mail and Mail on Sunday newspapers.