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MarketScreener Homepage  >  Equities  >  Nyse  >  Alibaba Group Holding    BABA

ALIBABA GROUP HOLDING

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Alibaba : Second batch of donations from Jack Ma Foundation and Alibaba Foundation arrives in Karachi to help fight against COVID-19 - Press Release issued by Alibaba Group Holding Limited

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03/30/2020 | 11:53am EDT

March 30, 2020 (PPI-OT)

Following is the text of press release issued by Alibaba Group Holding Limited

Quote

The Jack Ma Foundation and Alibaba Foundation today announced that the second batch of shipment of donated medical supplies, including testing kits and other medical equipment, arrived in Pakistan. This is in addition to previous batch, which landed in Pakistan on 25th March. The National Disaster Management Authority, Government of Pakistan will transport and distribute the supplies throughout the country.

The shipment is part of the donation of medical supplies to 10 Asian countries announced on March 21. Collectively, the nations will receive a total of 1.8 million masks; kits for testing 210,000 people, 36,000 pieces of protective clothing, as well as essential medical equipment such as ventilators and forehead thermometers.

This donation is among a number of aid initiatives from the Alibaba Foundation and Jack Ma Foundation to support the areas of the world most affected by the Covid-19 crisis, sourcing and delivering various types of medical supplies to Asia, United States, Africa, Italy, Belgium, France, Slovenia, Spain and Latin America.

Follow @JackMa and @foundation_ma on Twitter for the latest efforts of Jack Ma Foundation and Alibaba Foundation to support the global fight against COVID-19.

For more information, contact:Corporate Campus,Alibaba Group Holding Limited969 West Wen Yi Road,Yu Hang District, Hangzhou 311121, ChinaTel: +86-571-8502-2088Fax: +86-571-8526-9066Website: www.alibabagroup.com

Unquote

© Pakistan Press International, source Asianet-Pakistan

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Financials (CNY)
Sales 2020 504 B
EBIT 2020 90 257 M
Net income 2020 151 B
Finance 2020 297 B
Yield 2020 -
P/E ratio 2020 23,7x
P/E ratio 2021 29,9x
EV / Sales2020 6,63x
EV / Sales2021 4,88x
Capitalization 3 642 B
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Mean consensus BUY
Number of Analysts 53
Average target price 1 816,21  CNY
Last Close Price 1 357,73  CNY
Spread / Highest target 81,6%
Spread / Average Target 33,8%
Spread / Lowest Target -1,74%
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Managers
NameTitle
Yong Zhang Executive Chairman & Chief Executive Officer
John Michael Evans President & Director
Wei Wu CFO & Head-Strategic Investments
Chung Tsai Executive Vice Chairman
Yun Ma Director
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