Sea Stock Jumps After Shopping Demand Helps Profit Top Estimates [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
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Source: Yahoo! Finance
Most Read from Bloomberg The Leaf Blowers Will Not Go Quietly Arizona Elections Signal Robust Immigration Enforcement Under Trump Scoring an Architectural Breakthrough in Denver's RiNo District Key Ballot Initiatives and Local Races Highlight Views on Abortion, Immigration Shares of Sea climbed as much as 17% in pre-market US trading after net income for the company as a whole topped estimates at $153.3 million. Sales also rose a better-than-projected 31% to $4.3 billion in the three months through September. The results alleviate some concerns about the prospects for online retail arm Shopee, which is trying to fend off competition from ByteDance Ltd.'s TikTok and Alibaba Group Holding Ltd.'s Lazada. The two Chinese companies have been implementing AI features including chatbots and other tools for sellers on their platforms, trying to erode Shopee's dominance in the region's e-commerce arena. Newer contenders like Shein and PDD Holdings Inc.'s Temu are also targeting So
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BABA
Earnings
- 8/15/24 - Beat
BABA
Sec Filings
- 11/8/24 - Form 6-K
- 11/6/24 - Form 6-K
- 11/1/24 - Form 6-K
- BABA's page on the SEC website