1.Share Performance
The share price went down along the day and closed at $110.76,which is slightly lower than previous day.
According to the share performance through the year, the share price is at the history peak while the transaction volume is relativelow, just 9.57 million at the past day.
Compared to the main index in US market, Alibaba has outperformed a lot in the first quarter of 2017.
2.Latest news and report
Ant has reached an agreement to merge with andrebrand Lazada's helloPay payment platform. The acquisition of helloPay is AntFinancial’s third acquisition since September, and the second this year.
Alibaba is pushing competitive video gaming, oreSports, to the next level. It struck a partnership with the Olympic Council ofAsia to get eSports when the Asian Games are held in Hangzhou in 2022.
Alibaba is aiming to speed up delivery betweenChina and the U.K. by opening warehouses on the new train line between the twocountries.
Ali Entertainment group declared the HAO planinvesting RMB 1 billion to enter the internet movie area.
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