Alibaba Stock is Now Cheap

Can the e-commerce titan resist a hit in market share?

Kate Lin, CAIA 27 April, 2021 | 2:53AM
Facebook Twitter LinkedIn

Alibaba mobile payment

 

The investigation on Chinese internet giant Alibaba’s (BABA) anti-competitive behaviors concluded recently, with a record fine of CNY 18 billion (US$2.8 billion). The one-time fine equals 4% of its 2019 domestic revenue and falls at the midpoint of the 1-10% range of antitrust fines indicated by the authorities.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

Want More Actionable Content In Your Inbox?

Sign Up For Our Newsletter Here

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Alibaba Group Holding Ltd ADR145.59 USD-3.70Rating
Amazon.com Inc68,374.00 MXN-0.32
JD.com Inc ADR73.78 USD-3.09Rating
Pinduoduo Inc ADR94.82 USD-3.52

About Author

Kate Lin, CAIA

Kate Lin, CAIA  is a Data Journalist for Morningstar Asia, and is based in Hong Kong

© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies