Buy $BABA - NRPicks 07 May
Alibaba Group Holding Limited is a company that, through its subsidiaries, offers online and mobile commerce businesses in the People's Republic of China and internationally. It operates through four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.
The company has experienced setbacks since October last year following an intensification in Chinese regulation, which brought about a lot of uncertainty for Chinese companies, citing possible delisting.
The strategy is for the company to recover from its current key levels, and we expect a good results presentation that weighs up the latent uncertainty involving Chinese companies.
2020
- Revenue $71B
- Net Income $21B
- EBITDA $19B
- LT DEBT/EQUITY 0.11
The company has experienced setbacks since October last year following an intensification in Chinese regulation, which brought about a lot of uncertainty for Chinese companies, citing possible delisting.
The strategy is for the company to recover from its current key levels, and we expect a good results presentation that weighs up the latent uncertainty involving Chinese companies.
2020
- Revenue $71B
- Net Income $21B
- EBITDA $19B
- LT DEBT/EQUITY 0.11
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May 13