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2.58000 EUR
0.04
1.53%
Last update Mar 31, 3:25 PM CEST
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Day range
2.58000
2.60000
Previous close
2.62000
Open
2.58000
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Alibaba Group Holding Limited - Swedish Depos...
2.58
0.04
1.53%

Overview

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Description

Alibaba Group Holding Limited, through the structure of Swedish Depositary Receipts (SDRs), facilitates investment in the prominent Chinese multinational conglomerate. These SDRs represent ownership in Alibaba and allow investors to trade their interests locally in the Swedish market, providing an opportunity to participate in the global e-commerce and technology sector. Alibaba is widely recognized for its e-commerce platforms such as Taobao and Tmall, but its operations extend into cloud computing, digital media, and entertainment. By offering Swedish Depositary Receipts, Alibaba broadens its shareholder base, making its shares more accessible to investors across different geographies while fostering increased liquidity in the European market. This mechanism plays a crucial role in bridging international markets and promoting investment diversity.

About

CEO
Mr. Yongming Wu
Employees
128197
Address
Tower One, Times Square
26/F 1 Matheson Street
Causeway Bay, 311121
Phone
852 2215 5100
Instrument type
Depositary receipt
Sector
Consumer Cyclical
Industry
Internet Retail
Country
Germany
MIC code
XFRA
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