$Alibaba(BABA)$
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.
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