$Alibaba(BABA)$Concentrated betsWhile Ant has made big moves on the fintech front, Alibaba has focused on two other strategic sectors: retail and logistics.Alibaba made its first investment in Vietnam this year, leading a US$400 million round in The CrownX, the retail arm of Masan which operates the WinMart chain. The deal could potentially give Alibaba exposure to the fast-growing online grocery market in Vietnam."The combination of Alibaba's online retail expertise, Lazada's e-commerce platform in Vietnam and Masan's leading offline network will be a strong catalyst to modernise Vietnam's retail landscape. We look forward to building a champion offline-to-online platform alongside Masan," an Alibaba spokesperson told BT.Separately, in September, th
$Alibaba(BABA)$For those who have vested interest in Alibaba. They are re-structuring to target the slowdown in E-commerce.https://trib.al/v7paDrk?fbclid=IwAR19kzXUHPAIkDG0ZrTxvK-Yn8MOUN6tEuPgphvLPWsixHDIt06JxIl454w
$OVERSEA-CHINESE BANKING CORP(O39.SI)$It is a good sign that the company is buying backits share. It has confidence of its own company and wouldn’t want its company share price to devalue.