country flagالعربية

"Alibaba" contributes to the entry of 10 new people list of the world's rich

2017-11-13 09:05 pm | Resource: News Section | No Views : 178

"Alibaba" contributes to the entry of 10 new people list of the world's rich

The rise of Chinese company Alibaba has helped significantly increase business wealth, adding to the list of billionaires at least 10 people.
According to data from the Bloomberg index of billionaires, through direct investment or in partnership with Alibaba, which provides electronic marketing services in the areas of payment or delivery systems, the Chinese company raised the fortunes of some businessmen more than 52 billion dollars.
Bloomberg added that the increase in wealth, plus Jack Ma's $ 47.6 billion fortune, was greater than the economies of 136 countries combined.
Alibaba has helped increase business fortunes in its supporting industries such as electronic payments, insurance, delivery companies, retailers and shopping malls.
The report pointed out that in the field of financial technology, at least two billionaires this year, at least one of them, "Oy Yafi" of Zhongan Insurance Company, which provides customers with insurance return shipping, and the other "Min Luo" of the company "Codyan," which provides loans Credit to shoppers online.
The report added that Alibaba's parcel delivery service helped increase the wealth of 6 billionaires such as Wang Wei, which increased its wealth by 15.4 billion after the public offering of his company, "SF Express" operating in the same field.
Alibaba has made significant sales during China's annual sales day known as the "Singles Day" of more than $ 25 billion, having survived more than $ 5 billion in revenue in just 15 minutes since online shopping and reduction began on Friday the past.
Shares of Alibaba closed Friday's trading up 0.7% to $ 186.4.

Other analysis

Best Opportunities, Vision and Technical Analysis for The NASDAQ100 17 April 2019

We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.