Alibaba has released a car vending machine

Chinese Internet giant Alibaba introduced a vending machine for selling cars. The system works as follows: the buyer can take a picture of the car in the street and send a photo using a special program. The program will determine the model and brand of the car and offer the buyer to take the selected car for a test drive. This vending machine looks like a multilevel car-park on special platforms. If wished, the buyer can immediately make a purchase of a car, without using the test-drive service.

During the last trading session, the company's shares have increased by 1.7% and will continue to grow on the news. Trade will be available during the American session, from 14:40 to 21:00 GMT.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions