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Summit Research Maintains Buy on Alibaba (BABA) Despite Challenging Environment
September 2, 2015 7:52 AM EDTSummit Research reiterated a Buy rating and $91.00 price target on Alibaba (NYSE: BABA) despite a challenging environment.
Analyst Henry Guo commented, "While international commerce currently only accounts for less than 10% of total revenue for Alibaba Group, we believe this segment has potential... More
Alibaba (BABA) Announces Opening of Robert Mondavi Wines on Tmall
September 1, 2015 6:03 AM EDTAlibaba (NYSE: BABA) announced the opening of the Robert Mondavi Wines exclusive flagship store on Tmall.com, to officially kick off its newly launched Tmall Vineyard Direct program on its Tmall.com marketplace, Chinas largest third-party platform for brands and retailers.
Robert Mondavi, one of the most historic and esteemed wine brands in California, has chosen Tmall.com as the first and only online destination to reach hundreds of millions of... More
