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MarketScreener Homepage  >  Equities  >  Nyse  >  Alibaba Group Holding Limited    BABA

ALIBABA GROUP HOLDING LIMITED

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Alibaba : Forms Strategic Partnership With BMW

10/26/2020 | 03:35am EST

By Justina Lee

Alibaba Group Holding Ltd. and BMW Group are teaming up to work on digitalizing the German car maker's business processes in China.

Under a memorandum of understanding signed Monday, the two companies will form the first online sales and services businesses engaging dealers among premium auto brands.

BMW and Alibaba said they will work with dealers to build a system that integrates car viewing, purchasing and maintenance on the Chinese tech giant's platforms.

Write to Justina Lee at justina.lee@wsj.com

(END) Dow Jones Newswires

10-26-20 0434ET

Stocks mentioned in the article
ChangeLast1st jan.
ALIBABA GROUP HOLDING LIMITED 0.30% 278.595 Delayed Quote.30.94%
BMW AG -1.21% 73.19 Delayed Quote.1.35%
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Financials
Sales 2021 699 B 106 B 106 B
Net income 2021 150 B 22 757 M 22 757 M
Net cash 2021 434 B 65 999 M 65 999 M
P/E ratio 2021 34,1x
Yield 2021 -
Capitalization 4 942 B 751 B 751 B
EV / Sales 2021 6,45x
EV / Sales 2022 4,81x
Nbr of Employees 122 399
Free-Float 99,7%
Chart ALIBABA GROUP HOLDING LIMITED
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Technical analysis trends ALIBABA GROUP HOLDING LIMITED
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 51
Average target price 2 270,61 CNY
Last Close Price 1 826,43 CNY
Spread / Highest target 42,7%
Spread / Average Target 24,3%
Spread / Lowest Target -2,35%
EPS Revisions
Managers
NameTitle
Yong Zhang Executive Chairman & Chief Executive Officer
John Michael Evans President & Director
Wei Wu CFO, Director & Head-Strategic Investments
Li Cheng Chief Technology Officer
Chung Hsin Tsai Executive Vice Chairman
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