Alibaba-Backed AI Startup Sales Triple Enroute to IPO [Yahoo! Finance News]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
alibabagroup.com/en/ir/home
Company Research
Source: Yahoo! Finance News
) -- Megvii nology Ltd. for the first time revealed the stunning growth fueled by a nation’s obsession with security.The Alibaba Group Holding Ltd.-backed startup tripled revenue to 949 million yuan $133 million) in the first half. It generated more than 73% of those sales from AI services for major clients like government agencies, hospitals and real estate developers, the company said in a filing to the Hong Kong Stock Exchange.Seven-year-old Megvii is said to be angling to raise as much as $1 billion in its initial public offering, becoming the first of China’s fast-rising AI stars to debut and beating Sensetime Group Ltd. to the punch. Its share sale however will run up against a host of uncertainties from violent pro-democracy protests that’ve gripped Hong Kong to the Trump administration’s increasingly aggressive campaign to contain China’s tech champions.Megvii is moving forward even as other companies pump the brakes on their Hong Kong listing ambitions, wary of the turmoil. I
Show less
Read more
Impact Snapshot
Event Time:
BABA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BABA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BABA alerts
High impacting Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share news events
Weekly update
A roundup of the hottest topics
BABA
News
- Homestyler to Recruit First Batch of Global Partners in 20 Countries [Yahoo! Finance]Yahoo! Finance
- New Strong Sell Stocks for April 24th [Yahoo! Finance]Yahoo! Finance
- Madison International Stock Fund Q1 2024 Investment Strategy Letter [Seeking Alpha]Seeking Alpha
- US is reviewing risks of China's use of RISC-V chip technology [Reuters]Reuters
- US is reviewing risks of China's use of RISC-V chip technology [Yahoo! Finance]Yahoo! Finance
BABA
Earnings
- 2/7/24 - Beat
BABA
Sec Filings
- 4/2/24 - Form 6-K
- 3/26/24 - Form 6-K
- 2/23/24 - Form 20-F/A
- BABA's page on the SEC website