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Alibaba Group Holdings Ltd ADR (BABA)

NYSE
Currency in USD
Disclaimer
75.55
+0.43(+0.58%)
Closed
After Hours
75.73+0.18(+0.24%)

BABA Comments

Been holding for years and buying more at every dip. Can't think of a better company for a long term investor
I buy more things from Aliexpress than from Amazon. AliExpress is very popular in Russia, East Europe, Africa and Asia. This is already huge market. I buy for my kid Lego-like toys from China for 2-3 less price than Lego, and their quality is not that bad. I know that it is not the same as to give BABA money directly but they receive commisions from CH manufacturers. AliExpress is the Amazon of Asia. Alibaba is a lot more than that! A LOT MORE! It connects businesses with cheap manufacturing in China! It is the backbone of every dropshipping business. Big chung of the things sold in Amazon are bought from AliExpress for higher price.
I meant sold at Amazon for higher price.
 have you considered the fact that almost all high profile accounting fraud are american companies and the firms responsible to audit them are anglo saxons
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