![]() ![]() “In additional to China retail, we also expect the company to continue to invest and grow on multiple fronts, including International retail, fintech, local services, cloud computing and online entertainment.” “We remain bullish on Alibaba’s market positioning, continuous innovation and strong execution,” said Goldman in a note to This followed a consensus-beating 34% rise in revenues in the first three months of Alibaba’s financial, which included a full recovery of the group’s domestic business. It also repeated its ‘buy’ on the stock in the Chinese e-commerce giant and kept it on the coveted ‘conviction list’ of its top investments. Goldman Sachs has increased its price target for Alibaba (NYSE:BABA) by 14% to US$315 share following last week’s better than expected quarterlies. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. ![]() Proactive will on occasion use automation and software tools, including generative AI. The team also has access to and use technologies to assist and enhance workflows. Our human content creators are equipped with many decades of valuable expertise and experience. Proactive has always been a forward looking and enthusiastic technology adopter. ![]() The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. This is content that excites and engages motivated private investors. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. ![]()
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