Investing in Alibaba: What to Consider

Alibaba, trading on the New York Stock Exchange as BABA, is the world’s largest online retailer, boasting higher sales than the likes of Walmart and Amazon. The company is constantly diversifying its product offerings, successfully expanding into other markets such as venture capitalism and IT services. Alibaba went public on September 19, 2014, opening at $92.70 per share.

Despite being a retail giant, Alibaba offers a wide range of services that continue to expand as the company matures. Some of these services include cloud computing, AI, navigation, tourism, venture capitalism, media and much more.