Alibaba stock has surged 42 percent this year - 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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