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Alibaba stock rises 3% on potential boost in fees - report

Learn about the debut of China-based internet company Alibaba on the New York Stock Exchange and its implications for the financial market.

By: Seeking Alpha

Jul 29 2024
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Alibaba stock rises 3% on potential boost in fees - report — Alibaba stock rises 3% on pote

Alibaba's (NYSE:BABA) stock climbed 3.10% to $78.90 on Monday during premarket hours of trading as the company plans to earn more revenue from a new percentage-based fee structure for merchants. The China-based e-commerce company (BABA) plans to impl... [1008 chars]

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