Reports Suggest Alibaba Could Increase Service Fees Levied on Merchants

As per the latest reports, Alibaba Group Holding Ltd. (NYSE: BABA) is poised to increase the service fees it charges merchants. The impending rise in fees has created quite a buzz in the marketplace and among the traders that bank mostly on Alibaba to attract customers and drive sales.

Alibaba has long stood as one of the few untouchable merchants in the world, providing a large online retail marketplace as well as cloud computing and digital media. The organization has consistently retained an advantageous position with its peers by maintaining its relatively low service fees. However…

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