Lost in translation? Alibaba's hot deals leave investors cold


Too fast, too much: Some say Jack Ma's Alibaba is spreading itself too thin in search of the next big triumph as the threats of shrinking margins, slowing growth and dangerous rivals loom.

BEIJING/SHANGHAI: A year since it went public in the biggest stock listing ever, China's Alibaba Group Holding Ltd has spent more than US$6bil (RM25.48bil) on everything from an electronics store chain to a robot maker. 

As shares hover below their debut price, investors in the e-commerce giant wonder just when it will all pay off. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Intel falls as weak PC chip demand hurts second-quarter forecast
Russia's Yandex reports Q1 revenue rise as market awaits spin-off news
Japan to levy big fines with new app rules
Inside Big Tech’s underground race to buy AI training data
Facebook scams demand stricter online rules, Japan lawmaker says
A Chinese firm is America’s favourite drone maker – except in Washington
Snap shares jump nearly 30% after Q1 beat
Alphabet, Microsoft shares jump on proof of near-term AI returns
Rescue pup to meme star: The real-life ‘Dogecoin’ dog
Elon Musk is once again richer than Mark Zuckerberg as fortunes reverse

Others Also Read