Chinese E-Commerce owns American E-Commerce ($BABA, $JD, $AMZN)

May 17, 2017

∙ Paid

Basically, Amazon ($AMZN) ain't got sh*t on Alibaba($BABA). This piece explores the explosion of m-commerce/e-commerce in China where consumers spent $750b online in 2016 - more than the US and UK COMBINED. Yeah, let that sink in. To point, JD.com ($JD) reported earnings earlier this week that blew the lid off and the stock promptly soured.

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