The popular Chinese online store Alibaba has signed a deal with the Swiss company Nestle, the leader in the food production area. Nestle will offer a wide selection of goods on Alibaba platform, which will significantly increase the flow of customers. At this stage, the companies are willing to offer around 30 well-known brands. It's worth noting, that China is a large consumer market, and the cooperation will bring Alibaba a lot of profit.
The Alibaba shares have already risen by 2.12% and continue to grow. Do not miss this good chance to earn money on the asset's further increase. Remember, that trading will be available during the American session, from 14:40 to 21:00 GMT time.
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