Good stock to purchase. Currently down due subtle stimulus response and tax tarriffs which US may implement. However, many don't understand that alibaba ecommerce international sales is not highly derives from USA.. majority of the international sales derives from other asia countries, europe, etc. And the tax tarriffs is only applicable for transaction inwards to USA land and tax are the burden of USA purchasers.
Furthermore U.S branded products are sold to chinese consumers (outwards) through BABA platform instead of the other way round (i.e. china to usa).
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long baba! I’m holding it also
Great article, would you like to share it?
Great article, would you like to share it?