Alibaba Group Holding Ltd.
BABA
About Alibaba
Alibaba Group Holding Limited is a Chinese multinational technology conglomerate focused on e-commerce, retail, internet, and technology. Its vast digital ecosystem includes core e-commerce platforms such as Taobao and Tmall, cloud computing services through Alibaba Cloud, logistics services through Cainiao, and digital financial services through its affiliate, Ant Group. As one of the world's largest companies, Alibaba is a dominant force in China's and the global digital economy.
FAQ
You can easily purchase Alibaba (BABA) shares through the Gotrade app. Simply download the app, set up your account, fund it, and then search for the 'BABA' ticker to begin your investment journey.
At Gotrade, you can kickstart your investment in Alibaba with as little as $1.
Absolutely. Brokerage services on Gotrade Indonesia are provided by PT Valbury Asia Futures, a licensed futures and commodities broker registered with and supervised by the Indonesian Financial Services Authority (OJK).
Yes. Gotrade provides access to U.S. stocks from Indonesia through fully backed shares. This is facilitated through a cross-border order routing scheme for foreign stock derivative contracts (PALN), in accordance with regulations from Bappebti (the Commodity Futures Trading Regulatory Agency).
When you trade, you enter into a contract with PT Valbury Asia Futures (Valbury), a Bappebti-registered broker in Indonesia. Valbury, in turn, fully backs its contracts 1-for-1 with Alpaca Securities LLC, a FINRA-licensed broker-dealer in the United States. For every share (or fraction thereof) you hold on Gotrade, a corresponding share is held by Valbury in a separate, segregated brokerage account at Alpaca Securities LLC.
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