Wix has teamed up with Alibaba.com to enable merchants using Wix to easily expand their wholesale capabilities.

MSFT, BABA, and MRK lead today's top analyst picks, with AI, e-commerce, and cancer drug strategies in sharp focus.

Further, Alibaba's China commerce wholesale business grew by +17% y/y. While Direct Sales were a negative drag on TTG growth, Alibaba's recent investments in its core business are clearly paying off.

On Monday, Alibaba, China’s e-commerce leader, raised a proposed stock buyback program to $10 billion from $6 billion, effective for two years through the end of 2022.

HANGZHOU, CHINA - NOVEMBER 03: Alibaba Cloud booth is seen during the Apsara Conference 2022 on ... More November 3, 2022 in Hangzhou, Zhejiang Province of China.