DonkeyGeniusOP :
China have more Middle income earners. When there are more Middle income earners in society, people are more willing to spend money. When people spend money on platforms like Alibaba, that's how they generate more revenue. 1.4B population I'm not afraid a company like BABA will go bust. Amazon is worth $3000 when their revenue and earnings can't compete head to head with alibaba. Think about it, China is emerging and its always an opportunity to look forward to China’s future and profit from that
DonkeyGeniusOP : China have more Middle income earners. When there are more Middle income earners in society, people are more willing to spend money. When people spend money on platforms like Alibaba, that's how they generate more revenue. 1.4B population I'm not afraid a company like BABA will go bust. Amazon is worth $3000 when their revenue and earnings can't compete head to head with alibaba. Think about it, China is emerging and its always an opportunity to look forward to China’s future and profit from that
Fundamentalist : $300 possible
101518828 : $100 by year end