Mattel (MAT) shares moved up Tuesday on news that the Hot Wheels and Barbie maker is joining forces with China-based e-commerce giant Alibaba (BABA) to market and develop toys for Chinese consumers. The toy maker’s products will be offered on Alibaba’s Tmall marketplace, which serves over 440 million consumers, said the companies in a joint […]
Mark Schlarbaum
“New China” Global Development
Telephone: (949) 570-8988