$Alibaba(BABA)$ $BABA-W(09988)$ This is going to be pretty bad, I am afraid. This is heading below 100 in the next couple of days. Why not buy $PDD Holdings Inc(PDD)$ at same valuation and >10x revenue growth vs BABA (84% for PDD vs 6% for BABA in June Q)? Plus PDD owns hyper-growth Temu that hasn't even started contributing to earnings yet.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
Great article, would you like to share it?