Alibaba Group Holding Ltd (BABA)

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Alibaba Group Holding Ltd Profile

Alibaba Group and Alibaba.com is a Chinese worldwide technology company specializing in e-commerce, retail, internet, and technology. This platform is gaining considerable momentum from US businesses with giving Alibaba a great value. Alibaba.com opened its doors to US sellers in July of 2019. Then as the pandemic spread across the US, discovery of this channel accelerated. Transactions increased more than 100% in 2020 vs 2019. Gross merchandise value in the US on Alibaba.com has grown over 85% year over year and customers will transact tens of billions of dollars in GMV this year. The US buyer base has grown by 70%. Alibaba is adding tools to accommodate B2B buying.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
09:30-16:00
Mon
09:30-16:00
Tue
09:30-16:00
Wed
09:30-16:00
Thu
09:30-16:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

Latest News
- Alibaba Group Holding Ltd (BABA)

25/10/2022

Alibaba shares plummet 11% alongside China tech stocks as Xi tightens grip on power

03/05/2022

Alibaba Stock Drops After Report of ‘Ma’ Arrest. It Wasn’t Billionaire Founder Jack.

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