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Alibaba May Be Set For Big Gains

Summary Alibaba’s earnings card next week may be a catalyst for the firm’s shares to power higher. COVID-19 lockdowns in China may have boosted Alibaba's e-Commerce business in the fourth quarter. Alibaba likely bought a ton of…

JD reports revenue rises in Q1 2022

Chinese e-commerce giant JD reported on Tuesday night that its net revenues during the first quarter of this year reached 239.7 billion yuan ($35.52 billion), an increase of 18 percent year-on-year. However, the net loss attributable to…

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