On Thursday, Shares of Alibaba Group Holding Ltd (NYSE:BABA), included 1.30 % and shut at $94.07 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $93.64 and $94.98. Alibaba Group Holding Limited (BABA) recently declared that RMB 120.7 billion (USD 17.8 billion) of gross merchandise volume (GMV) was settled through Alipay on Alibaba’s China and international retail marketplaces on November 11, 2016. Mobile GMV settled through Alipay accounted for 82 percent of total GMV.
“This year’s 11.11 is a preview of the future of retail, where entertainment, commerce and interactive engagement intersect seamlessly,” said Daniel Zhang, chief executive officer of Alibaba Group. “From the kick-off of warm-up activities to last night’s countdown gala and all the way through the 24-hour global shopping festival itself, we’ve seen unprecedented engagement between consumers and merchants. 11.11 showcased how online and offline retail will be reinvented to offer brand new shopping experiences to our hundreds of millions of mobile, digitally savvy active users.”
Shares of Avon Products, Inc. (NYSE:AVP), subtract -0.35% and shut at $5.70 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $5.65 and $5.80. The association’s commercial center capitalization is $2.58 Billion with the general uncommon loads of 437.52 million. Avon Products, Inc. manufactures and markets beauty and related products worldwide. It offers beauty products, which consists of skincare products, counting personal care products, in addition to fragrances and color cosmetics; and fashion and home products consisting of jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, childrens products, and nutritional products. The company markets its products through direct selling by representatives.