Alibaba Group Holding Limited (BABA) ended last trading session with a change of -1.43 percent. It trades at an average volume of 17.81M shares versus 23.69M shares recorded at the end of last trading session. The share price of $92.99 is at a distance of 56.95 percent from its 52-week low and down -15.36 percent versus its peak. The company has a market cap of $231.84B and currently has 2.49B shares outstanding. The share price is currently -8.04 percent versus its SMA20, -9.75 percent versus its SMA50, and 9.93 percent versus its SMA200. The stock has a weekly performance of -4.69 percent and is 14.42 percent year-to-date as of the recent close.
On November 12, 2016 Alibaba Group Holding Limited (BABA) announced that RMB 120.7 billion (USD 17.8 billion) of gross merchandise volume (GMV) was settled through Alipay on Alibaba’s China and international retail marketplaces on November 11, 2016. Mobile GMV settled through Alipay accounted for 82 percent of total GMV.
“This year’s 11.11 is a preview of the future of retail, where entertainment, commerce and interactive engagement intersect seamlessly,” said Daniel Zhang, chief executive officer of Alibaba Group. “From the kick-off of warm-up activities to last night’s countdown gala and all the way through the 24-hour global shopping festival itself, we’ve seen unprecedented engagement between consumers and merchants. 11.11 showcased how online and offline retail will be reinvented to offer brand new shopping experiences to our hundreds of millions of mobile, digitally savvy active users.”
JD.com, Inc. (JD) recently recorded -1.44 percent change and currently at $24.04 is 23.22 percent away from its 52-week low and down -28.2 percent versus its peak. It has a past 5-day performance of -2.47 percent and trades at an average volume of 10.85M shares. The stock has a 1-month performance of -8.49 percent and is -25.49 percent year-to-date as of the recent close. There were about 1.45B shares outstanding which made its market cap $34.8B. The share price is currently -6.79 percent versus its SMA20, -8.26 percent versus its SMA50, and -2.95 percent versus its SMA200.
On Nov. 02, 2016 JD.com, Inc. (JD) announced that it plans to release its unaudited third quarter 2016 financial results on Tuesday, November 15, 2016, before the market opens.
JD.com’s management will hold a conference call at 7:30 am, Eastern Time on November 15, 2016, (8:30 pm, Beijing/Hong Kong Time on November 15, 2016) to discuss the third quarter 2016 financial results.