Alibaba BABA Stock Analysis || Is Alibaba a Buy before Earnings?!

Alibaba BABA Stock Analysis || Is Alibaba a Buy before Earnings?!

Alibaba ticker symbol BABA trading for 251 dollars as of August 1st 2020. Equating to a market cap of 680 billion dollars and a price per earnings ratio of 31 up 42% from it's 6 month low seen in late March.

Well of course Alibaba is also a massive player in this market with Ali pay. I gotta note China has been the fastest country to adapt digital payments. Ebay who of course is one of the leading consumer to consumer businesses the company is up 110% from its lows in march as the pandemic has forced many people looking for fast cash or with spare time during quarantine restrictions to sell their goods


Well you guessed it Alibaba is also in the market with it's company TAOBAO which means “search for treasure” in Chinese. With over 300-400 million daily active users this part of Alibaba’s business model facilitates small business to consumer and consumer to consumer trade by allowing small businesses and individual entrepreneurs to list their products on their website for sale. Fun fact Taobao became such a massive hit it forced Ebay to shut its business in China in 2006.

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