Alibaba Group Holding Ltd (NYSE: BABA) Shares Gain By 6.4% After Jack Ma is Seen in Mallorca

Alibaba Group Holding Ltd (NYSE: BABA) shares gained 6.4% after news that its founder Jack Ma was touring the island of Mallorca near the Spanish Coast. This increase added over $27 billion to its value despite the report being unverified and unrelated to company affairs. Ma gave a controversial speech in 2020 that resulted in […]

Alibaba Group Holding Ltd (NYSE:BABA) Names New CEO After A Lackluster Beginning To The Year

China’s Alibaba Group Holding Ltd (NYSE:BABA), is looking to a new chief executive and a host of young leaders to take it through a potentially more difficult and more mobile future. The changes occur as the world’s biggest e-commerce firm by transaction volume confronts growing competition, increased official examination at home and abroad as well […]