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Alibaba Group’s (BABA) China-based e-commerce business is expected to get a lift from a transition to a flash sales model by its daily deals website Alibaba Juhuasuan, says JG Capital. JG analyst Henry Guo, in a report Thursday, maintained his overweight rating on Alibaba stock and his 110 price target. Alibaba recently made the biggest-ever U.S. IPO. “Alibaba Juhuasuan’s transition to (a) flash sales model reaffirms our belief that Alibaba will Scalper1 News
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