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$BABA 1Q16 Q&A: On a question asked by Wei of Credit Suisse about mobile take rate dynamics, Daniel answered, BABA’s mobile take rate will continue to grow; it will surpass PC. This growth was driven by mobile commission revenue because more GMV is generated from mobile and also growth of marketing service on mobile.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?