King IV.
11-12

$Alibaba(BABA)$

Kuaishou and Alibaba are among the few value spots on the internet, both with valuations around 10 PE and still experiencing double-digit growth. They both have decent but not aggressive buyback programs and are facing competitive pressures from TikTok and Pinduoduo, leading to a bearish market outlook.

It could be said that instead of acquiring a bunch of new retail ecosystem companies, Alibaba would have been better off acquiring Kuaishou.

Tencent Beats! Can Alibaba Deliver Surprise Earnings?
Chinese technology giant Tencent Holdings posted on Wednesday a 8% rise in third-quarter revenue, extending momentum in its gaming business, while growth in its fintech segments softened amid China's economic headwinds. Alibaba will release earnings reports on Friday. Which company do you favor?
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