Double Eleven

Shares of Alibaba Group Holding Ltd (NYSE: BABA) have lost more than 20 percent year-to-date as China's economy has shown signs of slowing down – a potential negative for the company. Alibaba may have eased investor concerns over a slowing Chinese economy and consumer spending after the...

Shares of Alibaba Group Holding Ltd (NYSE: BABA) were higher by nearly 2 percent Wednesday morning. Alibaba said that it exceeded the $12 billion mark in gross merchandise volume sold during its annual Singles Day event. The company noted that it surpassed last year's $9.3 billion...