Our fair value estimate is CNY 7.80 per share. We assume express parcel volume in China will grow at a 10% CAGR in the next five years and YTO’s volume to rise 11%. This implies YTO’s volume ...

E-commerce giant Alibaba Group’s (BABA) affiliate Ant Group has entered the brokerage business through the acquisition of a 50.55% controlling stake in Bright Smart Securities & Commodities ...

Alibaba's (NYSE:BABA) e-commerce platforms, including Taobao and Tmall Group, Alibaba International Digital Commerce to be integrated under a single business unit to be called the Alibaba ...

Alibaba International Digital Commerce Group (“AIDC”) For the quarter ended June 30, 2024, revenue from AIDC grew 32% year-over-year to RMB29,293 million (US$4,031 million).