Alibaba Executes a Big Tech Pivot

Alibaba Executes a Big Tech Pivot

If you’re shopping for a business role model, you can do worse than Amazon.  Alibaba, the Hangzhou, China-based e-commerce giant, is precisely the type of company that could easily suffer under the new, shifting terms of global trade. Instead, its stock, dually listed in New York and Hong Kong, is up roughly 60% year-to-date on both exchanges. Why? Because, like Amazon, the company has successfully diversified into cloud computing. Now, Alibaba …