Tag: alibaba stock

Alibaba Group Holding Ltd. proved to be a major winner as U.S.-listed Chinese stocks advanced on Wednesday. The e-commerce giant's stock gained as much as 7.5%; its biggest jump since November. The company's stock rise comes after it received approval for its fundraising plan for...

Alibaba Group Holding Ltd recently revealed a string of results that were a lot better than they had been anticipating. Although there were murmurs of a strong sales contraction on the horizon, the Chinese retail giant was able to clap back against those rumors...