✅Alibaba in 2019 𝙍𝙚𝙫𝙚𝙣𝙪𝙚: 𝟯𝟯𝟳𝘽 (Yuan) 𝙎𝙝𝙖𝙧𝙚 𝙋𝙧𝙞𝙘𝙚: 𝟭𝟵𝟬 USD
✅Alibaba in 2020 𝙍𝙚𝙫𝙚𝙣𝙪𝙚: 𝟱𝟭𝟬𝘽 (Yuan) 𝙎𝙝𝙖𝙧𝙚 𝙋𝙧𝙞𝙘𝙚: 𝟯𝟮𝟬 USD
✅Alibaba in 2021 𝙍𝙚𝙫𝙚𝙣𝙪𝙚: 𝟳𝟳𝟳𝘽 (Yuan) 𝙎𝙝𝙖𝙧𝙚 𝙋𝙧𝙞𝙘𝙚: 𝟭57 USD
𝙏𝙝𝙚 𝙥𝙧𝙞𝙘𝙚 𝙢𝙞𝙜𝙝𝙩 𝙝𝙖𝙫𝙚 𝙗𝙚𝙚𝙣 𝙖 𝙗𝙞𝙩 𝙤𝙫𝙚𝙧𝙫𝙖𝙡𝙪𝙚𝙙 𝙗𝙪𝙩.. The core e-commerce and cloud business of $9988. HK (Alibaba Group Holding Ltd (Hong Kong)) (Alibaba Group Holding Ltd (Hong Kong)) has been growing nicely.
𝙃𝙤𝙬 𝙬𝙚𝙡𝙡 𝙞𝙨 𝘼𝙡𝙞𝙗𝙖𝙗𝙖 𝙙𝙤𝙞𝙣𝙜 𝙖𝙘𝙩𝙪𝙖𝙡𝙡𝙮? The company also has paid a huge fine that caused the company to post Q1 21 loss. However, the company is still expected to have more net income this year despite the fine!
The company BABA offered shares buybacks and is heavily invested in overseas companies that are growing rapidly (such as Lazada in Phillippines and Indonesia).
The price always found its way to come back to the fundamentals.
@naorz, Goal from who? macro economics? Alibaba is increasing profits hardcore, China is increasing buy power.. China is increasing natural resource sources. Alibaba e-commerce is already storger than amazon and ebay. I am not saying you are wrong I just want to ear more about your facts. Thanks in advance