To differenitate itself from Taobao.com, Alibaba Group has changed Taobao’s Tmall.com chinese name to 天猫. Tmall is designed
Earnings Preview-Alibaba’s fiscal Q2 results
Alibaba.com (1688.HK) is scheduled to report its fiscal Q2 results this week. Will it beat analysts’ expectation again?
Credit Suisse Group lowered earnings per share forecast for Alibaba by 4% and 2%, respectively in 2011 and 2012 due to its worry about Alibaba excessive marketing expense. Yet it still maintains a credit rating of “outperform”, expecting its share price to HK$19.60.Credit Suisse Group is a leading global financial services company headquartered in Zurich.
Meanwhile, Macquarie Equities Research is bullish on Alibaba, expecting its share price will hit HK$20.5.
Coming Tuesday, Alibaba is set to announce its 2010 Q2 result. Alibaba.com (1688.HK) is the Alibaba Group’s flagship company and the leading B2B e-commerce company in China, serving small and medium sized enterprises in China and around the world.
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