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Alibaba: Antitrust penalty won t harm business

Alibaba: Antitrust penalty won t harm business
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Alibaba: Antitrust penalty won t harm business

5 Most Valuable Internet Companies in the World

5 Most Valuable Internet Companies in the World Market cap: $632.3 billion Chinese e-commerce company Alibaba Group ranks 5th on the list of 15 most valuable internet companies in the world. Aside from operating its Core Commerce business, the company also engages in cloud computing, digital media and entertainment, and innovation initiatives, and others. Alibaba recently invested $750 million in Nice Tuan, a Chinese grocery app, to expand its grocery segment. In the third quarter of 2021, the company’s Core Commerce revenue came in at $30 billion while Alibaba Cloud reached $2.4 billion. Evan Lorne / Shutterstock.com Published on April 7, 2021 at 5:35 am by Inan Dogan, PhD

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Davis Funds: Alibaba (BABA) will Maintain its Leading Position in the Chinese E-Commerce Sector

Davis Funds: “Alibaba (BABA) will Maintain its Leading Position in the Chinese E-Commerce Sector” Davis Funds, an investment management firm, published its “Davis International Fund” fourth quarter 2020 investor letter – a copy of which can be downloaded here. A return of 22.69% was recorded by the fund for the year end of 2020, outperforming its MSCI ACWI benchmark that delivered a 10.65% return in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Davis International Fund, in their Q4 2020 investor letter, mentioned Alibaba Group Holding Limited (NYSE: BABA) and shared their insights on the company. Alibaba Group Holding Limited is a Hangzhou, China-based e-commerce company that currently has a $629.6 billion market capitalization. Since the beginning of the year, BABA delivered a -0.93% return, while its 12-month gains are up by 17.65%. As of April 06, 2021, the stock closed at $230.57 per share.

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Harding Loevner: Alibaba (BABA) was Poking the Dragon of Politically Powerful, Vested Interests

Harding Loevner: “Alibaba (BABA) was “Poking the Dragon” of Politically Powerful, Vested Interests” Harding Loevner, an investment management firm, published its “International Equity” fourth quarter 2020 investor letter – a copy of which can be downloaded here. A net return of 16.28% was recorded by the fund in the fourth quarter of 2020, trailing its MSCI All Country World Ex-US benchmark that delivered a 17.08% return but above its MSCI EAFE Index that had a gain of 16.09% in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Harding Loevner, in their Q4 2020 investor letter, mentioned Alibaba Group Holding Limited (NYSE: BABA) and shared their insights on the company. Alibaba Group Holding Limited is a Hangzhou, China-based e-commerce company that currently has a $611.9 billion market capitalization. Since the beginning of the year, BABA delivered a -2.58% return, impressively extending its 12-month gains to 20.88

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