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by ar9av
1178 days ago
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I am personally doubtful. The problem with BABA is that it is a variable interest entity (VIE) listed in the Cayman Island that means shareholders are technically owners of shell company rather than the Chinese enterprises that they they think they are buying. I also think the divisions are worth less apart then together as retail has no margins, cloud and entertainment are overcrowded, and logistics is highly competitive. |
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