1 - The rise of jd $JD.com(JD)$ and pdd $Pinduoduo Inc.(PDD)$ . Babas $Alibaba(BABA)$ market share has decreased significantly and isn’t the leading choice for online shopping domestically - case in point, the increased revenue of pdd vs baba as can be seen in the 11/11 numbers over the past two years
2 - sluggish domestic growth - alibaba relies heavily on domestic sales vs pdd which has made more headway into foreign markets with Temu. It can be argued that both companies have struggled domestically - don’t get me wrong, but i believe the market perceives baba being weaker in its growth vs it’s competitors 3 - the future isn’t as bright for alibaba - Investors are more wary of any future growth for the company vs pdd
US Stocks Opportunities
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