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Alibaba

CFD on the Alibaba Group (ALIBABA) stock quote.

 SELL Open a SELL trade on  SELL Open a SELL trade on Of current open trades, % are BUY and % are SELL BUY  Open a BUY trade on BUY  Open a BUY trade on   The daily price change of
Product Type: Stock CFD
Sector: Information TechnologyIndustry: E-Commerce
Country: United States (US)Currency: USD
Trading Hours: According to marketMeasurement Unit: Shares
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Description:

CFD on the Alibaba Group (BABA) stock quote.Alibaba is the largest e-commerce platform in China. Founded in 1999 by Jack Ma, Alibaba has grown to an annual transaction volume of more than $450 billion. Like Google, the company has been expanding opportunities coming out of its huge database of consumer spending patterns in the Chinese online market making it a highly traded company.

Interesting Facts:

  • Jack Ma chose the name because it’s easy to spell and globally familiar
  • Alibaba was the biggest IPO in history (Sept. 2014)
  • Alibaba handles 80% of the online business in China