BABA - Alibaba Group Holding, Ltd. - NYSE

[Dr PennyStock]

Daily Chart: https://schrts.co/ZBKcnRXd

Weekly Chart: https://schrts.co/pHVJiQdU

News: https://finance.yahoo.com/quote/BABA/press-releases?p=BABA

Business Summary: Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online business-to-business marketplace that focuses on global trade among businesses; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.

The company also provides pay-for-performance and display marketing services through its Alimama marketing technology platform; Taobao Ad Network and Exchange (TANX), a real-time online advertising exchange in China; and data management platform that allows participants on TANX to evaluate and select online advertising inventory using behavioral data, as well as data from browsing behavior and shopping history.

In addition, it offers cloud computing services, including elastic computing, database services, and storage and large scale computing services through its Alibaba Cloud Computing platform; Web hosting and domain name registration services; payment and escrow services for buyers and sellers; and develops and operates mobile Web browsers.

The company provides its solutions primarily for businesses.

Alibaba Group Holding Limited was founded in 1999 and is headquartered in Hangzhou, the People's Republic of China.

Company Website: http://www.alibabagroup.com/en/global/home

[sleuthpinch]

Last peak was shown in November last year, this year also it has been predicted that in about 2-5 months BABA stocks will be returning handsome income.

[Dr PennyStock]

A 66% drop from the all time high. Looks like it's forming a double bottom around $110 on the daily chart.