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BABA

122.94000 USD
4.85
4.11%
Last update Aug 22, 3:59 PM EDT
Market closed
Day range
120.31000
123.40000
Previous close
118.089996
Open
120.47500
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Alibaba Group Holding Limited
122.94
4.85
4.11%

Overview

Description

Alibaba Group Holding Limited is a multinational conglomerate specializing in e-commerce, retail, Internet, and technology. The primary function of Alibaba is to provide online platforms for businesses and consumers through its expansive range of marketplaces, the most notable being Taobao and Tmall for retail, and Alibaba.com for global wholesale trade. These platforms facilitate transactions between millions of businesses and consumers across various sectors, significantly impacting the retail and logistics industries worldwide. Alibaba's ecosystem also includes cloud computing with Alibaba Cloud, digital media and entertainment, and payment services through Ant Financial, further diversifying its influence across technology and financial sectors. Founded in 1999 and headquartered in Hangzhou, China, Alibaba has grown to become a pivotal player in global trade and digital economy by enabling and supporting enterprises of all sizes in leveraging the digital marketplace to reach broader audiences, thus playing a crucial role in global commerce dynamics.

About

CEO
Mr. Yongming Wu
Employees
124320
Address
969 West Wen Yi Road
Yu Hang District
Hangzhou, 311121
Phone
86 571 8502 2088
Instrument type
Depositary receipt
Sector
Consumer Cyclical
Industry
Internet Retail
Country
United States
MIC code
XNYS
Market closed

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20:01
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Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).