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0.000543232231779106 -0.000362154821185985 -0.000452693526482546 -0.000724309642372099 0.00832956088727933 0.016470801267542 0.0143956541421458 0.0199185151652332
Stock impact report

Alibaba and JD.com Battle for Hong Kong Shoppers, Stocks Slid After Stimulus Rally [Yahoo! Finance]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Yahoo! Finance
The companies waived delivery fees for certain orders and boosted related services like local product returns in Hong Kong, SCMP reports The stocks are trading lower Thursday after a rally led by China's stimulus plans Alibaba committed 1 billion yuan ($142 million) to boost its online retail platform Taobao's offerings in Hong Kong. This is part of a campaign to ship orders above 99 yuan for free to one of the city's more than 800 self-pickup stations. JD.com earmarked 1.5 billion yuan to roll out new services in Hong Kong, including free door-to-door deliveries for specific orders above 299 yuan. E-commerce consultant Jacob Cooke told SCMP that Hong Kong's proximity and relatively low e-commerce penetration rate make it an attractive growth market. Cooke also flagged the higher cost of operating in Hong Kong, which poses a challenge in efficiently scaling logistics. Due to lackluster domestic demand, Alibaba and its rivals had already waged a price war in China in the e Show less Read more
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