Words
71
Reading
1 min
Listen
Play
6y
Alibaba is a great investment idea for the long-term. China's retail market is already the largest in the world. In addition, Alibaba is making inroads into tier 2 and tier 3 cities.
Alibaba is also making it big in Southeast Asia, which is another high growth market.
Besides the e-commerce business, the cloud business will be another cash flow machine for the company in the coming years.
RE: Alibaba's Singles Day Does It Again