About Alibaba (BABA)
Founded in China in April 1999 by Jack Ma, Alibaba is the largest eCommerce company in the world.
Thanks to its meteoric rise in popularity in China, with both consumers and businesses, the company now has subsidiaries all over the world. Not only is the firm the world's largest online retailer, but it's also the largest internet provider, serving millions of people in mainland China and throughout Asia.
With billions of potential customers, Alibaba could continue to grow rapidly as more people buy its products and services online.
Alibaba stock price
Alibaba listed on the NYSE in 2014 with the largest IPO in history - valuing the company at $231 billion. In 2018, it exceeded $500 billion.
Thanks to a rise in online retailing and demand for its internet services in China and Asia, BABA shares are now trading at over $250 each - giving it a market capitalization of almost $689 billion at the time of writing (August 2020).
What the bears are saying
- There are questions over control: Alibaba is a publicly-owned company headquartered in China and could be influenced by the ruling Chinese Communist Party.
- Global competitors abound: While Alibaba might be the world's largest online retailer, companies like Amazon are fighting for market supremacy, especially in new services such as cloud computing and AI.
- International diplomacy could jeopardize growth: The US and China have been in a trade war for several years, with retaliatory behavior on both sides. With Alibaba dependent on both markets, could its future growth be jeopardized by further disagreements?
What the bulls are saying
- Alibaba makes more money than the biggest three US retailers combined: Amazon might be big, but even when you combine its sales with Walmart and eBay, it still doesn’t exceed Alibaba’s annual revenues.
- Its geographical reach is broad: Alibaba provides retail and financial services to companies in 240 countries around the world - making it a truly global enterprise. While trade may be affected between the US and China, Alibaba still has trade revenues coming in from nearly every other country in the world.
- Alibaba is also big in the cloud, finance, AI, and the internet: Alibaba started as an online retailer, just like Amazon. But also like Amazon, it has spread out into complementary services that add value to its core business. Cloud computing, financial & investment services, AI, and the internet are all key areas that bring in healthy profits.
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*U.S. stock trading is not available in the U.S., U.K., and certain other jurisdictions.
This article is for informational purposes only and takes no account of particular personal or market circumstances, and should not be relied upon as investment, tax, or legal advice. For investment, tax, or legal advice, and before taking any action you should consult your own advisors. Note that assets such as equities present unique risks for investors.
This content is correct as of October 2020
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