Ali Baba

Alibaba prices reached all-time highs recently as the share prices remain steady over $300. The stock has been trading in an ascending channel from the height of the pandemic in April. Since then, several attempts to break out of the upper…
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This week, Chinese online shopping giant Alibaba detailed its plans to purchase a 10% stake in Dufry. The Swiss company is the largest global operator of duty-free shops at airports, holding over 2,500 sites worldwide. Dufry is looking for…
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