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Alibaba Shares Jump 5% as Alipay Launches New Merchant Platform

Key Points

Alibaba Group Holding Ltd. shares rose the most in two weeks as the launch of a new ecommerce platform boosted optimism toward the company before its June quarter earnings this week.

Alibaba Group Holding Ltd. shares rose the most in two weeks as the launch of a new ecommerce platform boosted optimism toward the company before its June quarter earnings this week.
Alibaba (LOCATION) Alipay Launches New Merchant Platform Alibaba Group Holding Ltd. (ORG)
Originally published by Bloomberg Technology Read original →