https://seekingalpha.com/news/3385142-alibaba-beats-q2-61-percent-revenue-growth-cloud-nearly-doubles?source=cnbc #baba #alibaba
Alibaba beats Q2 with 61% revenue growth, cloud nearly doubles
Alibaba (NYSE:BABA) gains 2.7% premarket on Q1 beats with a 61% Y/Y revenue growth. Revenue breakdown (in RMB): Core Commerce, 69.19B (+61% Y/Y, FactSet estimate: 70.19B); Cloud Computing,
It's funny to hear Jim talking about #starbucks getting the inoculation from the partnership with Alibaba. I like Jim a lot and he usually has the best trading ideas compared with any media guy, but he obviously lacks the insider-info about China. For example, #alibaba may be loved by lots of Chinese consumers but it's just an ant when it comes to the Chinese government and the latter doesn't necessarily likes #baba at all.
So, where does the protection come from then? :) I do un...Read More
So, where does the protection come from then? :) I do un...Read More
Starbucks 'needed the innoculation' in the form of Alibaba delivery system, says Jim Cramer
The "Squawk on the Street" news team discusses Jim Cramer's interview with Starbucks CEO Kevin Johnson about the coffee giant's business in China, including its partnership with Alibaba.