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2021-02-03

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Alibaba revenues soar but Ant Group float uncertain

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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":314150482,"tweetId":"314150482","gmtCreate":1612322714046,"gmtModify":1703760346883,"author":{"id":3494217766320869,"idStr":"3494217766320869","authorId":3494217766320869,"authorIdStr":"3494217766320869","name":"秦关休","avatar":"https://static.tigerbbs.com/943a298f9430915ab95905bc5dab9edb","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>\n这篇文章不错，转发给大家看</body></html>","htmlText":"<html><head></head><body>\n这篇文章不错，转发给大家看</body></html>","text":"这篇文章不错，转发给大家看","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/314150482","repostId":2108417755,"repostType":2,"repost":{"id":"2108417755","pubTimestamp":1612319504,"share":"https://www.laohu8.com/m/news/2108417755?lang=&edition=full","pubTime":"2021-02-03 10:31","market":"us","language":"en","title":"Alibaba revenues soar but Ant Group float uncertain","url":"https://stock-news.laohu8.com/highlight/detail?id=2108417755","media":"BBC","summary":"Getty Images \n\nChinese e-commerce giant Alibaba has posted strong results for the last quarter of 20","content":"<html><body><figure>\n<img height=\"549\" src=\"https://s.yimg.com/uu/api/res/1.2/qxEwMPHNgcmfS_f3j9PAtQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/bbc_us_articles_995/20582e99c704a953ef38f06ec3e0b21f\" width=\"976\"/> Getty Images \n</figure>\n<p>Chinese e-commerce giant Alibaba has posted strong results for the last quarter of 2020. </p>\n<p>The company founded by Jack Ma saw revenues up 37% against the same quarter of 2019 to 221bn yuan ($34.2bn, £25bn). </p>\n<p>But the results come amid continued uncertainty over the company's financial affiliate Ant Group. </p>\n<p>Alibaba said it was \"unable to complete a fair assessment\" of the impact of Ant's stalled share market launch.</p>\n<ul>\n<li>China opens door to Ant Group's stock market debut</li>\n<li>Is the Ant Group shake-up a sign of things to come?</li>\n<li>Alibaba being investigated over monopoly tactics</li>\n<li>Alibaba says its technology won't target Uighurs</li>\n</ul>\n<h3>Strong growth in China</h3>\n<p>Alibaba's chief executive Daniel Zhang attributed the firm's strong results to China's economic growth. </p>\n<p>Although the world's second largest economy saw sluggish progress compared to previous years, it was the only major economy to grow during the Covid-19 pandemic. </p>\n<p>Strong results for Singles Day, Alibaba's biggest sale of the year, also helped the company's revenues. </p>\n<figure>\n<img height=\"549\" src=\"https://s1.yimg.com/uu/api/res/1.2/nQ3PPwJ1Fe9tSMeXk5sqKA--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/bbc_us_articles_995/63911dadc5a5b9f6fbd87f11a511a49c\" width=\"976\"/> Getty Images \n</figure>\n<p>\"However, many are looking at the business and wondering where the next wave of growth will come from,\" said Andy Halliwell, a retail analyst from technology consultancy Publicis Sapient. </p>\n<p>Alibaba's cloud computing revenues rose 50% over the same quarter last year, hitting $2.5bn and posting a profit for the first time. </p>\n<h3>Intense pressure</h3>\n<p>It's not all good news for Alibaba, as its financial technology (fintech) affiliate Ant Group remains under intense scrutiny from China's regulators.</p>\n<p>The planned launch of Ant Group in November was due to become the biggest ever stock market debut, raising $37bn for the fintech.</p>\n<p>Mr Zhang said Ant's share market launch remained on hold indefinitely.</p>\n<p>\"Ant Group's business prospects and [Initial Public Offering] plans are subject to substantial uncertainties,\" the company said in a statement. </p>\n<p>Analysts believe this could have a significant effect on the company, along with an investigation into Alibaba's alleged monopolistic practices which was announced by regulators in December.</p>\n<p>\"If the Chinese government is looking to crack down on outspoken entrepreneurs and take a more conservative line with their larger tech businesses then this will dent investors' confidence in the brand, and may create an opening for others to exploit,\" said Mr Halliwell. </p>\n<p>The Ant Group is China's biggest payments provider, with more than 730 million monthly users on its digital payments service Alipay.</p>\n<p>The company also has a consumer lending division, which takes fees from banks to match borrowers with lending services.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" 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.h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba revenues soar but Ant Group float uncertain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 10:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/alibaba-revenues-soar-ant-group-023144396.html><strong>BBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Getty Images \n\nChinese e-commerce giant Alibaba has posted strong results for the last quarter of 2020. \nThe company founded by Jack Ma saw revenues up 37% against the same quarter of 2019 to 221bn ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alibaba-revenues-soar-ant-group-023144396.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/VT1JlO4DQnnbgbhTqKjikQ--~B/aD01NDk7dz05NzY7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/vEetSKzdWmhIL9fQNfsMMw--~B/aD01NDk7dz05NzY7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/bbc_us_articles_995/2aafb9823719231fa7f818326eb68fb4","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://finance.yahoo.com/news/alibaba-revenues-soar-ant-group-023144396.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108417755","content_text":"Getty Images \n\nChinese e-commerce giant Alibaba has posted strong results for the last quarter of 2020. \nThe company founded by Jack Ma saw revenues up 37% against the same quarter of 2019 to 221bn yuan ($34.2bn, £25bn). \nBut the results come amid continued uncertainty over the company's financial affiliate Ant Group. \nAlibaba said it was \"unable to complete a fair assessment\" of the impact of Ant's stalled share market launch.\n\nChina opens door to Ant Group's stock market debut\nIs the Ant Group shake-up a sign of things to come?\nAlibaba being investigated over monopoly tactics\nAlibaba says its technology won't target Uighurs\n\nStrong growth in China\nAlibaba's chief executive Daniel Zhang attributed the firm's strong results to China's economic growth. \nAlthough the world's second largest economy saw sluggish progress compared to previous years, it was the only major economy to grow during the Covid-19 pandemic. \nStrong results for Singles Day, Alibaba's biggest sale of the year, also helped the company's revenues. \n\n Getty Images \n\n\"However, many are looking at the business and wondering where the next wave of growth will come from,\" said Andy Halliwell, a retail analyst from technology consultancy Publicis Sapient. \nAlibaba's cloud computing revenues rose 50% over the same quarter last year, hitting $2.5bn and posting a profit for the first time. \nIntense pressure\nIt's not all good news for Alibaba, as its financial technology (fintech) affiliate Ant Group remains under intense scrutiny from China's regulators.\nThe planned launch of Ant Group in November was due to become the biggest ever stock market debut, raising $37bn for the fintech.\nMr Zhang said Ant's share market launch remained on hold indefinitely.\n\"Ant Group's business prospects and [Initial Public Offering] plans are subject to substantial uncertainties,\" the company said in a statement. \nAnalysts believe this could have a significant effect on the company, along with an investigation into Alibaba's alleged monopolistic practices which was announced by regulators in December.\n\"If the Chinese government is looking to crack down on outspoken entrepreneurs and take a more conservative line with their larger tech businesses then this will dent investors' confidence in the brand, and may create an opening for others to exploit,\" said Mr Halliwell. \nThe Ant Group is China's biggest payments provider, with more than 730 million monthly users on its digital payments service Alipay.\nThe company also has a consumer lending division, which takes fees from banks to match borrowers with lending services.","news_type":1},"isVote":1,"tweetType":1,"viewCount":937,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":25,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/314150482"}