Alibaba’s biggest rival JD.com will release its earnings on Friday, before Alibaba’s own earnings release next week. This will give investors a taste of what to expect from Alibaba’s earnings, because the two firms are similar in business scope. The key focus points for both firms are likely to be logistics investment and O2O business potential. So if JD.com reports healthy earnings, Alibaba’s share price should rally.
from Feed for all trade views http://ift.tt/1Il3Vv1
Strong JD earnings should prompt Alibaba rally
ad
Enregistrer un commentaire