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Why is BABA80 down 4.49%?
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BABA80:BKK
BABA80 CS DR
THBÂ 4.68
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-4.49%(-0.22) 1D
Sep 23, 4:40:00 PM GMT+7 · THB
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| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for BABA80...
Open
THBÂ 4.74
High
THBÂ 4.74
Low
THBÂ 4.64
Mkt. cap
275.61B
Avg. vol.
7.77M
Volume
7.54M
52-wk high
THBÂ 7.80
52-wk low
THBÂ 3.78
Shares outstanding
19.88B
No. of employees
132K
Open
THBÂ 4.74
High
THBÂ 4.74
Low
THBÂ 4.64
Mkt. cap
275.61B
Avg. vol.
7.77M
Volume
7.54M
52-wk high
THBÂ 7.80
52-wk low
THBÂ 3.78
Shares outstanding
19.88B
No. of employees
132K
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Why is Alibaba stock sliding today?
Profile
Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer, business-to-consumer, and business-to-business sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics, and cloud computing services. It owns and operates a diverse portfolio of companies around the world in numerous business sectors.
On 19 September 2014, Alibaba's American initial public offering on the New York Stock Exchange raised US$25 billion, giving the company a market value of US$231 billion and, by far, then the largest IPO in world history. It is one of the top 10 most valuable corporations, and is named the 31st-largest public company in the world on the Forbes Global 2000 2020 list. In January 2018, Alibaba became the second Asian company to break the US$500 billion valuation mark, after its competitor Tencent.
Alibaba is one of the world's largest retailers and e-commerce companies. Wikipedia
About BABA80 CS DR
CEOEddie Wu | Eddie Wu
Employees132K
FoundedApr 4, 1999
HeadquartersHangzhou, Zhejiang, Hong Kong
SectorConsumer
Websitealibaba.com