Scalper1 News
Rivals Alibaba Group (BABA) and JD.com (JD) are set to report quarterly earnings this week, as the two increasingly bump into each other. China e-commerce leader Alibaba reports Thursday before the market open, its fiscal fourth quarter. And JD reports before the open Friday. Alibaba archrival Tencent Holdings (TCEHY) owns a stake in JD.com. The consensus estimate on Alibaba is revenue of $2.78 billion, a 44% increase from the year-earlier period. Scalper1 News
Scalper1 News