Never heard of the company until I came across an article yesterday where they absolutely crushed it with their quarterly earnings. It seems like the stock has only been around ~3 years and has a very similar business model to Amazon. It seems like the value of the stock dropped within a year of the IPO release and now is stabilizing into a rapid growth that parallels many successful tech companies. From my limited knowledge, Alibaba is a popular online bulk retail store based in China. My gut is telling me this is a guaranteed money money maker but I'd like to hear your guys' speculation.
Submitted August 18, 2017 at 01:35PM by DinoEscobedo http://ift.tt/2v92kYW
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