Alibaba Sales Profiting From World’s Biggest Holiday

Alibaba said $2 billion of goods were sold in the first hour of its Singles Day shopping bonanza in China Tuesday, maintaining the day’s dominance as the world’s biggest retail event as it went global for the first time.The ecommerce giant said that amount...

GoPro Entering the Chinese Market Through Alibaba

Get ready for a lot of extreme sports videos from Tiananmen Square and the Great Wall of China.Action camera maker GoPro (NASDAQ:GPRO) will enter China later this month through Chinese online retailer Alibaba (NYSE:BABA), Brightwire reporter Ding Chenjie said in a...

Monster Earnings Q3 Unleash the Beast!

Monster Beverage reported on Thursday a third-quarter net profit of $121.6 million, or 70 cents a share, up from $92.2 million, or 53 cents a share, in the year-earlier period. Net sales increased 7.7% from last year to $636 million. Analysts surveyed by FactSet were...

Alibaba First Public Earnings

Alibaba earned 45 cents a share minus items, meeting Wall Street estimates in its fiscal second quarter. That’s a 9.4% gain vs. a year earlier, according to Alibaba, a sharp slowdown from Q1’s 60%.Revenue rose 54% to $2.74 billion, led by a surge in mobile...

Grand Vision for the Next 10 Years of Facebook

When publishing Facebook’s quarterly earnings Mark also presented his grand vision for the future of Facebook as a company;Zuckerberg  outlined his three-, five-, and 10-year plan for the company.In summary, he wants to have multiple Facebook products —...

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