America Has New Type of Money, Making Some Rich...Should You Get It?
One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.
About Alibaba Group Holding Limited
Alibaba Group Holding Limited, through its subsidiaries, provides online and mobile commerce businesses in the People's Republic of China and internationally. It operates through four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. The company operates Taobao Marketplace, a mobile commerce destination; Tmall, a third-party online and mobile commerce platform for brands and retailers; Alibaba Health Internet platforms for pharmaceutical and healthcare products; Alimama, a monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, an e-commerce platform; and Tmall Global, an import e-commerce platform. It also operates Lingshoutong, a digital sourcing platform; Cainiao Network logistic services platform; Ele.me, a delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, the company offers pay-for-performance and display marketing services; and Taobao Ad Network and Exchange, a real-time bidding online marketing exchange. Further, it provides elastic computing, database, storage, virtualization network, large-scale computing, security, management and application, big data analytics, and Internet of Things and other services for enterprises; payment and escrow services; and movies, television series, variety shows, animations, and other video content. Additionally, the company operates Youku, an online video platform; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency app; and Tmall Genie, an AI-powered smart speaker. The company was founded in 1999 and is based in Hangzhou, the People's Republic of China.
General
| Name | Alibaba Group Holding Limited |
| Ticker | BABA |
| Exchange | NYSE |
| Sector | Consumer Cyclical |
| Industry | Internet Retail |
| Currency | USD |
| Country | USA |
| Fiscal Year End | March |
| Full Time Employees | 252,084 |
Highlights
| Analyst Target | 325.36 |
| Market Cap | 652,757,237,760 |
| PE Ratio | 16.77 |
| PEG Ratio | 0.88 |
Share Stats
| Shares Outstanding | 2,705,639,936 |
| Shares Float | 1,865,843,030 |
| Shares Short | 41,755,317 |
| Insider Holdings | 23% |
| Institution Holdings | 43.86% |
Highlights
| Analyst Target | 325.36 |
| Market Cap | 652,757,237,760 |
| PE Ratio | 16.77 |
| PEG Ratio | 0.88 |
Valuation
| Trailing PE | 25.40 |
| Forward PE | 19.42 |
| Price/Sales (Trailing 12 Mt.) | 6.46 |
| Price/Book (Most Recent Quarter) | 4.39 |
Dividend
Alibaba Group Holding Limited pays out a dividend of $ per share, with a dividend yield of 2.75%.
BABA's last dividend payment was made to shareholders on November 30, -0001.
They pay out 0.00% of their earnings out as a dividend.
Recent Dividends
| Jul 12, 2024 | $0.66 |
| Jan 18, 2024 | $1 |
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