Alibaba is considered a good value stock due to its low valuation, stable growth profile, and potential for sizable shareholder returns through buybacks and dividends.
Boomeranged on Wed, 10 Apr 2024 10:15
According to public news, Jack Ma has written a long post in Alibaba's internal website, titled "To reform, to innovation". This is the first detailed written post in 5 years since his retirement. Jack Ma looks to be pleased with the progress of the current new management team, especially on focusing back to the end consumers and confidence on future innovation/AI.
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