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4-Traders Homepage  >  Equities  >  Nyse  >  Alibaba Group Holding    BABA

Delayed Quote. Delayed  - 10/18 10:00:53 pm
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Alibaba : on the hunt for second European data centre

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10/05/2017 | 12:16pm CEST

Chinese e-commerce giant Alibaba is scouting locations for a second European data centre to better compete in the cloud services market dominated by Amazon Web Services.

The first data centre was opened in Frankfurt last November - leading locations for the new data centre include London and somewhere in Sweden, it is reported.

The company currently has 14 data centres and has already announced new ones in Indonesia and Malaysia.

Alibaba held onto 2.6% of the cloud infrastructure services market in Q2, according to reports. The company is narrowing the gap with Google`s 5.9% share but falls far behind the 30.3% AWS market share.

JPMorgan analysts Alex Yao and Gokul Hariharan think the division could account for 15% of Alibaba revenues by 2021.

(c) 2017 Dar Al Sharq Press, Printing & Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( CNY)
Sales 2018 235 B
EBIT 2018 92 854 M
Net income 2018 59 817 M
Finance 2018 148 B
Yield 2018 -
P/E ratio 2018 51,44
P/E ratio 2019 36,23
EV / Sales 2018 12,0x
EV / Sales 2019 8,64x
Capitalization 2 973 B
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Alibaba Group Holding Technical Analysis Chart | BABA | US01609W1027 | 4-Traders
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 48
Average target price 1 291  CNY
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Yong Zhang Chief Executive Officer & Director
John Michael Evans President & Director
Yun Ma Executive Chairman
Wei Wu Chief Financial Officer
Jian Feng Zhang Chief Technology Officer
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