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<blockquote>阿里巴巴-SW股票现在值得买入吗?图表显示的是收益</blockquote>
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