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Alibaba Group Holding Ltd (NYSE:BABA)

What does Alibaba Group Holding Ltd (NYSE:BABA) do?

Alibaba (NYSE: BABA) is one of the largest retailers and e-commerce companies in the world. Aside from e-commerce operations through its three main sites – Tmall, Taobao and Alibaba.com – the Chinese tech giant is involved in everything from cloud computing to payments and financial services.

Alibaba Group Holding Ltd (NYSE:BABA) price chart

Alibaba Group Holding Ltd (NYSE:BABA) stock price analysis

ASX Growth Shares
Drew Meredith, CFP

S&P/ASX 200 (XJO) just had its worst week in 2 years, now what?

The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) just capped off its worst week since March 2020, falling 1.8 per cent on Friday and dragging the ASX200 down 6.6 per cent for the week. The 6.6 per cent fall in the ASX 200 followed a 4.2 per cent drop in the prior week which now has the index nearing a bear market.

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