Alibaba stock has surged 42 percent this year - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Saturday 10 October 2020

Alibaba stock has surged 42 percent this year


Much of Alibaba's success can be attributed to the flexible nature of its core business model. Compared to major US e-commerce giants such as Walmart and Amazon, Alibaba’s overheads are relatively low. This is because the company primarily connects consumers to retailers and has no physical inventory-handling infrastructure.

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