What’s Going On With Alibaba Stock Friday?

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Alibaba Group Holding Ltd (NYSE: BABA) stock traded lower Friday in line with the broader IShares China Large-Cap ETF (NYSE: FXI) index. The company is intensifying its efforts to expand its presence in the U.S. by introducing new features, including an updated image search, on its cross-border wholesale platform, Alibaba.com. Also Read:Apple’s iPhone to Bear Brunt of US-China Tensions as the Asia Giant Looks to Extend Ban to State Agencies The platform is hosting a “Co-Create” event in Las Vegas, attended by Chief Technology Officer Yang Zhou and Vice-President Andrew Zheng, bringing together…

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