I think BABA is a buy now. Trading at 27x PE is cheap for an amazon like ecommerce firm and it has the potential to be a big global giant with china market as its launchpad
Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show
Agree as it's only the beginning! BABA will unlikely trade so low and if Alibaba cloud continues to grow and with its investment in xpeng hopefully BABA will be a 2 or 3 bagger
JD has really evolved into more than just an e-retailer but a platform which combines logistics network, AI and also quality. Interesting how their next phase will be like