Alibaba Group Holding Ltd
Latest Alibaba Group Holding Ltd News and Updates
Eminence Capital Reduces Position in eBay
During the fourth quarter of 2014, Eminence Capital lowered its stake in eBay (EBAY). The company accounted for 2.55% of the fund’s 4Q14 portfolio.
Analyzing Viking Global Investors’ Positions in 4Q14
Viking Global Investors is an US-based hedge fund. The total value of Viking Global’s US long portfolio decreased to $21.78 billion in 4Q14.
Why eBay isn’t worried about a falling take rate
eBay’s take rate fell from 3.79% in 2Q13 to 3.53% in 2Q14. However, the company isn’t worried about it since take rate is offset by healthy revenue growth.
Why Illumina’s outlook is so bright
Illumina’s outlook is outstanding, as it has posted excellent 3Q14 results and its earnings continue to be bullish.