1.Share Performance in 4.19
The share price went down along the day and closed at $110.76, which is slightlylower than previous day.
Accordingto the share performance through the year, the share price is at the historypeak while the transaction volume is relative low, just 9.57 million at thepast day.
Comparedto the main index in US market, Alibaba has outperformed a lot in the firstquarter of 2017.
2.Latest news and report
üAnt has reached an agreement to merge with and rebrand Lazada'shelloPay payment platform. The acquisition of helloPay is Ant Financial’s thirdacquisition since September, and the second this year.
üAlibaba is pushing competitive video gaming, or eSports, to the nextlevel. It struck a partnership with the Olympic Council of Asia to get eSportswhen the Asian Games are held in Hangzhou in 2022.
üAlibaba is aiming to speed up delivery between China and the U.K. byopening warehouses on the new train line between the two countries.
üAli Entertainment group declared the HAO plan investing RMB 1 billionto enter the internet movie area.
