Alibaba has increased its revenue

The largest Chinese online store has shown a record sales volume and has increased its profit over the past year.  Alibaba managed to achieve such great results, despite the prolonged fall in the Chinese economy. In regards to its sales performance, the company is intended to improve the production of goods outside of China and to expand economic connections with various developing countries.

The news has had a positive impact on Alibaba shares, which have already grown by 2.3% and still continue to rise. Traders have a great chance to earn money on a further increase. Remember, that trading will be available during the American session, from 14:40 to 21:00 GMT time.

The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.