BABA has been in the news 321% more than usual
Apr 30, 2025, 4:31 PM
-0.97%
What does BABA do
Alibaba Group Holding, based in Hangzhou, Zhejiang, employs 204,891 people and operates in the Broadline Retail industry, providing technology infrastructure and marketing platforms across seven segments. The company went public on September 19, 2014.
BABA has been in the news recently: Alibaba's Qwen3 has launched with eight variations and supports 119 languages, attracting over 300 million users. Additionally, Morgan Stanley forecasts that Alibaba will contribute to a $4.7 trillion global humanoid revenue market by 2050, highlighting its growth potential in the tech industry.
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