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Alibaba Group Holding Limited (BABA) stock surged +3.79%, trading at $102.35 on NYSE, up from the previous close of $98.61. The stock opened at $100.59, fluctuating between $99.69 and $103.61 in the recent session.
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others. It operates Taobao Marketplace, a social commerce platform; Tmall, a third-party online and mobile commerce platform for brands and retailers; Alimama, a monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, Trendyol, and Daraz that are e-commerce platforms; Freshippo, a self-operated retail chain; and Tmall Global, an import e-commerce platform. The company also operates Taoxianda, an online-offline integration service for FMCG brands and third-party grocery retail partners; Cainiao Network logistic services platform; Ele.me, an on-demand delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, it offers pay-for-performance, in-feed, and display marketing services; and Taobao Ad Network and Exchange, a real-time online bidding marketing exchange. Further, the company provides elastic computing, storage, network, security, database and big data, and IoT services. Additionally, it operates Youku, an online video platform; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency mobile app; and Tmall Genie smart speaker. The company was incorporated in 1999 and is based in Hangzhou, the People's Republic of China.
Employees | 198162 |
Beta | 0.35 |
Sales or Revenue | $941.17B |
5Y Sales Change% | 2.379% |
Fiscal Year Ends | March |
Sector | Consumer Cyclical |
Industry | Specialty Retail |
Alibaba Group Holding Limited (NYSE: BABA) stock price is $102.35 in the last trading session. During the trading session, BABA stock reached the peak price of $103.61 while $99.69 was the lowest point it dropped to. The percentage change in BABA stock occurred in the recent session was 3.79% while the dollar amount for the price change in BABA stock was $3.74.
The NYSE listed BABA is part of Specialty Retail industry that operates in the broader Consumer Cyclical sector. Alibaba Group Holding Limited designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
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BABA's closing price is 49.72% higher than its 52-week low of $68.36 where as its distance from 52-week high of $117.82 is -13.13%.
Number of BABA employees currently stands at 198,162.
Official Website of BABA is: https://www.alibabagroup.com
BABA could be contacted at phone 865 718 5022088 and can also be accessed through its website. BABA operates from 969 West Wen Yi Road, Hangzhou, 311121, China.
BABA stock volume for the day was 27.92M shares. The average number of BABA shares traded daily for last 3 months was 16.93M.
The market value of BABA currently stands at $245.07B with its latest stock price at $102.35 and 19.16B of its shares outstanding.