BABA has been in the news 429% more than usual
Feb 03, 2025, 5:30 PM
31.52%
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: President Trump imposed new tariffs of 25% on goods from Canada and Mexico and 10% on imports from China, affecting companies like Shein and Temu. In contrast, Alibaba Group Holding saw a 6.46% increase in its stock value amid the ongoing US-China trade tensions.
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