• 373
  • 73
  • 收藏

Alibaba stock jumped 7% in morning trading

Tiger Newspress2021-12-06

Alibaba stock jumped 7% in morning trading afer the company overhauled e-commerce businesses and named new CFO.

Alibaba Group Holding Ltd said it will reorganise its international and domestic e-commerce businesses and replace its CFO.

It will form two new units - international digital commerce and China digital commerce which it said was part of efforts to become more agile and accelerate growth.

The international digital commerce unit will include AliExpress which sells to retail buyers particularly in Europe and South America, its Southeast Asian e-commerce business Lazada and Alibaba.com which is more focused on selling to overseas business customers.

It will be headed by Jiang Fan, who had been in charge of its main Chinese retail marketplaces, and the change is seen in line with Alibaba's aim to make 'globalisation' a key focus area in addition to cloud computing and domestic consumer spending.

The China digital commerce unit will include Alibaba's two main marketplaces, Tmall for established brands and Taobao which welcomes all kinds of merchants. It will be led by Trudy Dai, who has previously overseen a number of Alibaba platforms.

Alibaba also announced that deputy chief financial officer Toby Xu will succeed Maggie Wu as CFO from April, describing his appointment as part of the company's leadership succession plan. Xu joined Alibaba from PWC three years ago.

Hit by weaker growth for the economy and fierce competition from a plethora of rivals, Alibaba last month slashed its forecast for annual revenue growth to its slowest pace since its 2014 stock market debut. It also saw sales at its banner event, online shopping festival Singles Day, grow at their slowest rate ever.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

举报

评论73

  • Beli
    ·2021-12-07
    Great bews! Ever onwards! 
    回复
    举报
  • JLKang
    ·2021-12-07
    Good news 
    回复
    举报
  • MichT
    ·2021-12-07
    Horray
    回复
    举报
  • Guggg
    ·2021-12-07
    😎
    回复
    举报
  • Donald TH
    ·2021-12-07
    Welcome back 
    回复
    举报
  • Cub88
    ·2021-12-07
    Good job! 
    回复
    举报
  • JeremyKok
    ·2021-12-07
    Is Ali baba out of regulatory radar? If yes the still can buy and wait for it to start raising. Do your own due diligence before you invest.
    回复
    举报
    收起
    • Sydney1
      Cool
      2021-12-07
      回复
      举报
  • YS_ZENG
    ·2021-12-07
    Pls like
    回复
    举报
    收起
    • JeremyKok
      hi. please like and comment back. thank you.
      2021-12-07
      回复
      举报
  • TaiWoeiHaur
    ·2021-12-07
    Good morning 
    回复
    举报
  • KLC
    ·2021-12-07
    Up again today !
    回复
    举报
  • bungeemelody
    ·2021-12-07
    Time to fly
    回复
    举报
    收起
    • tanpp2307
      Finally!
      2021-12-07
      回复
      举报
    • ed62
      please go back up more...
      2021-12-07
      回复
      举报
    • WR_C
      [Strong]
      2021-12-07
      回复
      举报
  • RichyRick
    ·2021-12-07
    Strong and going up
    回复
    举报
    收起
    • Weh
      Dead cat bounce?
      2021-12-07
      回复
      举报
  • jgaldon
    ·2021-12-07
    Just a retest with some sideways accumulation and up we go, imo
    回复
    举报
  • TonyYew
    ·2021-12-07
    Lucky Tiger 🐯
    回复
    举报
  • andrew123
    ·2021-12-07
    Great. 
    回复
    举报
  • TSY123
    ·2021-12-07
    Good
    回复
    举报
  • Gladys8jk
    ·2021-12-07
    👍
    回复
    举报
  • 6702ded4
    ·2021-12-07
    Gogo
    回复
    举报
  • KK2021
    ·2021-12-07
    Pls like bk
    回复
    举报
    收起
    • KK2021
      okok
      2021-12-07
      回复
      举报
    • JeremyKok
      hi. please like and comment back. thank you.
      2021-12-07
      回复
      举报
  • Hayleyxn
    ·2021-12-07
    💉
    回复
    举报
    收起
    • Hayleyxn
      g
      2021-12-07
      回复
      举报
 
 
 
 

热议股票

 
 
 
 
 

7x24