Get Daily Stock Reports is a 7:00 PM newsletter with a pertinent stock report every day, plus the lates market news.

Stock of the Day: Alibaba Group

Alibaba Group
BABA 90-day performance NYSE:BABA Alibaba Group
Current Price
+1.20 (+1.40%)
(As of 09/29/2023 08:52 PM ET)
30 Day Performance
90 Day Performance
1 Year Performance
Market Capitalization
P/E Ratio
Price Target

Alibaba Group Holding Limited is an eCommerce and Internet technology giant headquartered in the People's Republic of China. Its core platform,, is the world’s 3rd largest eCommerce platform by sales. The company, through its vast network of subsidiary companies, provides the infrastructure and marketing to help merchants of all sizes develop their brands and to connect with customers in the People's Republic of China and internationally. The company also aids other businesses with a vast array of digital and logistical solutions with a reach that spans the globe.

Alibaba was co-founded by Jack Ma in 1999 when it became clear the Internet and digitization were the future of commerce. Mr. Ma is a billionaire investor, businessman, and philanthropist who believes in an open and free-market economy. The company went public in September 2014 with an IPO on the NYSE. The IPO set a record with its valuation of $25 billion and the company is now worth more than $225 billion and ranked among the 10 most valuable companies by market cap. Alibaba is also ranked 5th largest globally in regards to its work in AI, and it owns the world's largest B2B, B2C, and C2C eCommerce portals. In 2022, Alibaba’s Singles Day event brought in $139 billion to set a new one-day record.

The principal purpose of Alibaba Group Holding Limited is to open the Chinese market and connect it to the world. The company operates through seven segments including China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

The company’s eCommerce platforms include Taobao Marketplace, Tmall, Alimama,,, Aliexpress, Lazada, Trendyol, and Daraz. Taobao Marketplace is a social-media eCommerce platform while Alimama is a monetization platform for entrepreneurs. and are wholesale marketplaces where individuals and businesses can connect with bulk items and the remainder are eCommerce retail platforms and search engines targeting specific markets. In addition, the company also operated a retail chain called Freshippo and Tmall Global which is an import platform for eCommerce.

Other digital services provided by Alibaba include Taoxianda, which is a digital integration service for FMCG goods and grocery retailers, and Cainiao Network which is a logistical services platform complemented by, a delivery and services platform.

Alibaba also supports the infrastructure of the Internet with a range of products and services that include computing, storage, network, security, database, big data, and IoT connectivity. This segment includes a suite of cloud-based services such as Alibaba Pictures and content platforms that provide streaming media.

Read Full Report

More recent reports:

Pfizer logo
{company.Symbol} 90-day price performance9/28/2023

Pfizer Stock Report

Pfizer Inc. is a US-based multinational biotech company. The company operates as a research-based pharmaceutical company focused on the discovery, production and marketing of medicines and vaccines. It is the 2nd largest drugmaker globally by revenue and is ranked 64th on the Fortune 500 list. The company’s avenue

Read Report ▸
Trade Desk logo
{company.Symbol} 90-day price performance9/27/2023

Trade Desk Stock Report

The Trade Desk, Inc. is a California-based technology company that has emerged as a leader in the digital advertising industry. Founded in 2009, the company provides a self-service platform that enables advertisers to create, manage and optimize their advertising campaigns across various channels, including displa

Read Report ▸
PepsiCo logo
{company.Symbol} 90-day price performance9/26/2023

PepsiCo Stock Report

PepsiCo, Inc. is a leading global food and beverage company operating in more than 200 countries. The company was founded in 1898 and was incorporated in 1965 through the merger of Pepsi-Cola and Frito-Lay and has since grown to become a multinational corporation with a diverse portfolio of brands. PepsiCo's headq

Read Report ▸
BlackRock logo
{company.Symbol} 90-day price performance9/25/2023

BlackRock Stock Report

BlackRock, Inc. is a leading American multinational investment company headquartered in New York City. Founded in 1988, BlackRock has become the world's largest asset manager, overseeing more than $8 trillion in assets under management. The company operates on a global scale, with a presence in 30 countries and se

Read Report ▸

Recent Stories:

A person stands in front of an electronic stock board showing Japan's Nikkei 225 index at a securit…

Stock market today: Wall Street wraps its miserable September with another weak finish

Wall Street closed out its worst month and quarter of the year with more losses on Friday. The S&P 500 slipped 0.3% after a gain from the morning withered, and the majority of stocks within the index sank. The Dow Jones Industrial Average fell 158 points, or 0.5%, and the Nasdaq composite edged ...

In this image from video provided by the House Financial Services Committee, Keith Gill, a GameStop…

Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role

Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer. Cohen is already the board chairman and the company's largest individual investor. GameStop said in a statement that Cohen won't receive compensation for serving as its president, C...

Video: Jack in the Box Employee Shoots at Customer Over Alleged Missing Curly Fries, Family Files Lawsuit

Chaos struck a Jack in the Box restaurant in Texas when an employee began shooting at a drive-thru customer, allegedly over an order of curly fries. Now, one family is now suing the fast-food chain for negligence.In just-released video footage from March 2021, an employee working the drive-thru name...

This March 28, 2017, photo provided by the New York State Sex Offender Registry shows Jeffrey Epste…

JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations

JPMorgan Chase agreed Tuesday to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein.JPMorgan said that $55 million of the settlement will go toward local charities that provide assistance to victims of dom...

Read your newsletter to keep up with the hottest companies..