The Traderszone Network

Published in TZ Latest News 11 May, 2015 by The TZ Newswire Staff

Zulily shares soar as Alibaba buys stake in online retailer

Shares of online retailer Zulily are soaring in premarket trading Monday, after Chinese e-commerce powerhouse Alibaba disclosed last week that it bought a stake in the company. Alibaba Group Holding Ltd. …