$Alibaba(BABA)$  I think we need to understand why PDD's outlook is very bleak. It is because PDD is starting to lose market share to Alibaba and JD. Alibaba has been investing heavily in AI so as to improve on its customer acquisition and customer experience and it is showing to work. PDD is way behind on this aspect. Further more, Alibaba has diversified into other business segments, such as DATA centers and AI, which PDD lacking behind. Objectively, BABA is a different company compared to PDD. so bleak outlook from PDD should not constitute to a heavy drop in share price of Alibaba

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet