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Alibaba's Future: International Commerce And Cloud AI Deployment
BABABABA(BABA) Seeking Alpha·2024-07-27 07:21

Robert Way Chinese online retail has been a once-in-a-generation growth opportunity. Not only was e-commerce penetration increasing, but the income of Chinese consumers has also been soaring and boosting demand for discretionary goods. The Chinese e-commerce market has grown by double digits for years. The golden age of Chinese e-commerce has ended though and retailers are now having to struggle for market share to continue growing. Alibaba (NYSE:BABA) is the largest retailer in China, but its growth pot ...