Kanał Społeczność
AE
Antony Earl
@antonyearl · Jun 15

Hmm, would I reconsider my stance on Chinese Alibaba $BABA?

Alibaba's CEO announced today that he is currently focusing on expanding the business in Europe. The words were even used as a top priority in connection with Europe.

"Going forward, we're going to focus more on building local businesses, so you'll see something called TMall, which we have in China, which means we'll serve local brands and local customers in local markets," said J. Michael Evans at a technology conference in Paris.

Thoughts on Alibaba?

Osobista opinia członka społeczności, nie rekomendacja inwestycyjna. Zasady społeczności

AA
Ashraf Aboudar @ashraf_dd Jun 15

It's a great place and a great company, but I have an aversion to the place and there's no train going through it...

BG
Barrett Gardener @justbarrett Jun 15

Good news, but it's still China... I just can't get over it.

RS
Ry Small @rysmall Jun 15

I won't give it either, even though it's a good company with a decent business.

RB
Randolf Babcock @randolfbab Jun 15

Great news and let's see if they don't get the boot.

MD
Monday Dayton @mondaydayton Jun 15

Well, that's very good news. I've already left the China market too, but if they're expanding elsewhere, those could be nice numbers. And maybe they'll stay above $100 or more, where they definitely belong.

RB
Ralphie Barlow @ralphiebarlow Jun 15

Only good for the company and the shareholders, it will increase diversification as well as revenue, good deal.

JB
Jason Bellier @neostonks Jun 15

I think they've already started in Spain. However, it is very good news if they go to other countries.

VC
Van Cannon @vancannon Jun 15

It's great for the company, but they need to find investors (they will), but I think this stock is already pretty undermined in terms of confidence and China.

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