Here’s Why Alibaba Stock Is Going Higher

| Chart | Calendar | TRADE NOW | FORCAST | STOCKS Alibaba Breaks to Record High with More to Come BUZ INVESTORS Alibaba Stock Is Going Higher Since displaying a bullish golden cross pattern on the stock chart at $80.00 in April 2016, shares of Alibaba Group Holding Ltd (NYSE:BABA) have been rocketing on the chart,… Please follow and like us:

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Alibaba’s ‘new retail’ plan gets teeth

E-commerce giant Alibaba Group Holding Ltd is penetrating deeper into the offline sector to build its “new retail” model. It spent an estimated but unspecified amount of over HK$630 million ($80.88 million) for an 18 percent stake in Hong Kong-listed Lianhua Supermarket Holdings Co Ltd on Friday. Post the deal, which was announced by Lianhua, Alibaba… Please follow and like us:

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Why Jack Ma’s Second Act Will Be Tougher Than His First

Close In the aftermath of the recent U.S. election, as notables from near and far (and really far) made their pilgrimages to Trump Tower hoping to figure out what this most unexpected presidency might look like, these two made the oddest of couples: the tall, elaborately coiffed president-elect and the elfin CEO of the most famous… Please follow and like us:

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