BEIJING (dpa-AFX) - AliExpress, a subsidiary of Alibaba Group Holding Ltd
(BABA), Wednesday announced that it has become the first e-commerce platform to
officially sponsor UEFA EURO 2024, to be held from June 14 to July 14 in
Germany.

The business-to-consumer e-commerce platform would offer discounts, time-limited
prizes and deals to the customers as part of its plan to increase investment in
Europe.

Currently, Alibaba's stock is dropping 0.08 percent, to $71.42 on the New York
Stock Exchange.



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