The share price of Alibaba increased $2.20 to $112.96 reaching to the price peak in recent 2 years, and the transaction volume was $13.74million slightly higher than previous day.
News:
Alibaba Group Holding Ltd. has created a loyalty program foronline shoppers in Singapore that it may expand to other markets, teaming upwith Uber Technologies Inc. and Netflix Inc. to lure customers. This will help Lazada expand its market share. [Alibaba acquired Lazada in 2016]
Unionpay pushes mobile abroad to challenge the market share ofAlipay and Tencent.
