Trading Conditions:
Axi Symbol: Alibaba+
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3 Day Financing: Wednesday
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Alibaba (full name: Alibaba Group Holding Limited) is a Chinese multinational conglomerate that has emerged as a global leader in e-commerce, technology, and various other related industries. Founded in 1999, Alibaba's primary business provides platforms and services that assist businesses and consumers with digital transformation. Its operations encompass a wide array of sectors, with the most prominent being e-commerce, cloud computing, digital entertainment, and financial services.
Alibaba's e-commerce arm includes platforms like Taobao and Tmall, which cater to both individual consumers and businesses, facilitating online retail and marketplace transactions. The company's influence extends beyond e-commerce and into areas such as cloud computing with Alibaba Cloud, a leading provider of cloud infrastructure and services. Alibaba also operates in the digital entertainment industry, with investments in streaming services and content production. Ant Group, an affiliate of Alibaba, is noteworthy for its involvement in financial technology, offering a range of financial services including mobile payments and digital banking.
The Alibaba Group Holding Limited is listed on the New York Stock Exchange with the ticker symbol “BABA”. It is a component of various stock indices, with one of the most well-known being the NYSE Composite Index. Additionally, Alibaba is included in the MSCI China Index and other global indices that track Chinese or technology-focused companies.
The stock price of Alibaba (BABA) is influenced by a variety of factors that impact investor sentiment and the company's underlying fundamentals. Some key factors that can affect the Alibaba stock price include:
When considering trading Alibaba stock, it is important to keep an eye on announcements that can significantly impact its stock price. Here are some important things to consider:
** Axi Group of companies