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BABA34

26.40000 BRL
3.2
13.79%
Last update Aug 29, 5:00 PM -03
Main market
Day range
24.62000
26.46000
Previous close
23.20000
Open
24.62000
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Alibaba Group Holding Limited BDR
26.40
3.20
13.79%

Overview

Description

Alibaba Group Holding Limited BDR represents Brazilian Depositary Receipts that provide exposure to shares of Alibaba Group Holding Limited, a global e-commerce giant. The primary function of these BDRs is to allow investors in Brazil to access and invest in Alibaba's shares without having to directly deal with Chinese or U.S. markets where the company is normally listed. This is part of a mechanism that facilitates the diversification of investment portfolios within the Brazilian market while also offering exposure to international business growth. Alibaba is predominantly involved in online and mobile commerce operations, catering to both retail and wholesale domains. It is a leader in digital retail and cloud computing, significantly impacting sectors like logistics, technology, and finance. Serving as a critical node for global trade, Alibaba BDRs hold market significance by bridging geographic investment gaps, allowing for participation in the dynamic business environment that Alibaba fosters internationally. This role strengthens cross-border investment opportunities, offering both economic and strategic insights into global e-commerce and technological advancements.

About

CEO
Mr. Yongming Wu
Employees
123711
Address
Tower One, Times Square
26/F 1 Matheson Street
Causeway Bay, 311121
Phone
852 2215 5100
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Internet Retail
Country
Brazil
MIC code
BVMF
Main market

Exchange is currently active.
Closing in 1 hour 34 minutes

16:25
00:00
10:00
18:00
23:59

Trading Hours (Monday - Friday):

Pre-market
09:45 - 10:00
Main market
10:00 - 18:00
All times are displayed in the America/Paramaribo timezone (-03, UTC-03:00).