Alibaba (BABA) can Reach $60 Billion Free Cash Flow by 2030, Unless Political Winds Change
Aikya Investment Management Ltd, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 21% was recorded by the fund for the Q4 of 2020, below its MSCI Emerging Market benchmark that returned 26.7%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.
Aikya Investment Management, in their Q4 2020 Investor Letter said that they noticed the outstanding earnings growth and earnings of Alibaba Group Holding Limited (NYSE: BABA), that made them acquire a position in Alibaba. However, despite the strong earnings, the fund gave a warning about the possible negative outcome of the company. Alibaba Group Holding Limited is a multinational technology company that currently has a $699.7 billion market cap. For the past 3 months, BABA delivered a decent -15.72% return and settled at $258.62
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Alibaba Group Holding Limited (NYSE: BABA) has reported its plan to launch “Tmall Hong Kong, a new local business to consumer platform to support merchants and brands to serve local consumers through ecommerce. The robust ecommerce experience is provided by Taobao Hong Kong as Tmall Hong Kong aims to support merchants to swiftly and efficiently setup stores and provide logistics and customer services directly to consumers in the market.
Tmall Hong Kong has adopted a consumer to consumer model and will continue to serve Hong Kong consumers with products for small and medium sized merchants from mainland. Tmall Hong Kong will present local and foreign brands that have gained prominence in the city to fully enhance product offerings to local consumers. Tmall Hong Kong shall be available via the Taobao mobile APP in the future when consumers open the app and select the region, they may switch the in
FOMO’S PURGE VIRUS BUSINESS NOW LIVE ON ALIBABA
FOMO’S PURGE VIRUS BUSINESS NOW LIVE ON ALIBABA
Chicago, IL, Jan. 12, 2021 FOMO CORP. (US OTC: ETFM) announces that its wholly owned subsidiary, Purge Virus, LLC (“PV”;
https://purgevirus.com/), has begun offering COVID-19 disinfection products and services on the Alibaba Business-2-Business (B2B) platform at the following:
In December 2020, Alibaba approved PV as a Global Gold Supplier which significantly expands the distribution platform for its business. With the B2B platform, business owners and facility managers across private and public sectors have the convenience of purchasing products and services by matching their heating, ventilation, and air conditioning (HVAC) system needs to the most appropriate PV technology. Volume ordering, portable devices, and improved indoor air quality (IAQ) are proven to reduce the spread of COVID-19 and expected to be in high demand.