$Alibaba(BABA)$ well BABA net income is still 50%-75% of amazon, but somehow their valuation is 8x lower. their numbers is there, its just the negative sentiment towards china pulling it down. though last year their net income lower by almost 50% compared to 20' and 21', this year the net income still increase by around 50% compared to 22'. the numbers is there. they make money now, and they will make more in the future. just the sentiment isnt very good
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Well said