Home NYSE: BABA
73.03
price down icon1.30%   -0.96
after-market After Hours: 72.88 -0.15 -0.21%
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Alibaba Group Holding Ltd ADR (BABA) current stock price is $73.03 with a 24-hour trading volume of 20.99M. The stock decreased by -1.30% in the last 24 hours and declined by -14.39% in the past month. Looking at the chart, BABA stock price is below the pivot point level of $73.42, suggesting a potential bearish market, if it continues to fall close to the support level of $72.69, significant changes may happen. Moreover, exploring the underlying reasons why BABA is dropping is crucial for acquiring comprehensive view about the stock.

Alibaba Group Holding Ltd ADR Stock (BABA) Financials Data

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Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. The company operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. It operates Taobao Marketplace, a mobile commerce destination; Tmall, a third-party platform for brands and retailers; Rural Taobao program that enables rural residents and businesses to sell agricultural products to urban consumers; 1688.com, an online wholesale marketplace; Alibaba.com, an online wholesale marketplace; AliExpress, a retail marketplace; Lazada, an e-commerce platform; and Lingshoutong, a digital sourcing platform. The company also provides pay-for-performance and display marketing services; and Taobao Ad Network and Exchange, a real-time bidding online marketing exchange in China; and digital payment and financial technology platform services. In addition, it offers cloud computing services, including elastic computing, database, storage, virtualization network, large scale computing, security, and management and application services, big data analytics, a machine learning platform, and Internet of Things and other service for enterprises; and payment and escrow services; and movies, TV drama series, online dramas, variety shows, news feeds, games, literature and music, and other areas through various content platforms, as well as develops and operates mobile browsers. Further, the company provides AutoNavi, a mobile digital map, navigation, and real-time traffic information; DingTalk, a proprietary enterprise communication and collaboration platform; and Tmall Genie, an AI-powered voice assistant, which helps consumers to shop, order local services, search for information, control smart appliances, and play interactive content. The company was founded in 1999 and is based in Hangzhou, the People's Republic of China.
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