The share price closed at past trading day went up to $114.83, continuing to break its highest price record. Since the start of the year, Alibaba’s stock has gained more than 28%. Alibaba’s PE ratio also increased to 52.93, and transaction volume raised to 13.39 million from the fall of previous day.
Alibaba news & reports:
According to a Bloomberg report, Ma is making the case that robotics and automation will change theentire structure of today's society and warned the dark side of technology. Hiscomments were made at a speech to entrepreneurs in Zhengzhou, China.
Alibaba declared the corporationwith Xinhua Net on media area.
Shanghai Data Hub received theletter of intent from Alibaba of its HB33 project relating to RMB 2.b billionbusiness.
From the report of Yandex,the number of Russian people shopping from China increasing fourfold, and Alibabais the most popular Chinese E-commerce in Russia.
