Friday, October 9, 2020

Alibaba's stock jumped 42% this year, giving it a market value above $800B, as the pandemic accelerates China's rapid embrace of online commerce (Chong Koh Ping/Wall Street Journal)

Chong Koh Ping / Wall Street Journal:
Alibaba's stock jumped 42% this year, giving it a market value above $800B, as the pandemic accelerates China's rapid embrace of online commerce  —  Recent rally cements company's position as one of the world's most valuable technology companies  —  Alibaba Group Holding Ltd. 's stock …



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...