Ali Baba

Chinese Retail Sales Pickup In October: Here's What's Happening With Alibaba, JD And Pinduoduo Shares

Chinese retail sales grew by 4.8% year-on-year in October picking up from September's 3.2% growth, as per the National Bureau of Statistics on Friday. That annual retail sales forecast exceeded the 3.8% growth precited by a Reuters poll.

Here's Why Alibaba Is No Longer Top Choice For Shoppers After Ruling China's E-Commerce Market For 15 years

After being China's unbeatable e-commerce giant for more than 15 years, Alibaba Group Holding Limited (NYSE: BABA) is facing growing competition in the market.