Alibaba Group Holding Ltd (BABA): China's Alibaba Links Up With Russia...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	680
Posts	141245
Boards Moderated	36
Alias Born	03/10/2004

DiscoverGold

Re: None

Tuesday, 09/18/2018 10:12:49 AM

Tuesday, September 18, 2018 10:12:49 AM

China's Alibaba Links Up With Russia's Mail.ru
By: Motley Fool | September 18, 2018

In any nation, if a company has explicit support from the government, it's a big competitive advantage, and that's even more the case in countries like China and Russia. So shareholders of Chinese internet giant Alibaba (NYSE:BABA) have extra reason to be upbeat about the news that it's paying $2 billion for a 10% stake in Mail.ru, one of Russia's largest tech companies, and a 48% stake in their new e-commerce joint venture, AliExpress Russia.

In this segment from MarketFoolery, host Mac Greer and analyst Aaron Bush consider what it all means for the state of e-commerce in Russia, for the businesses involved, and for their rivals.

A full transcript follows the video.

Read More »»»

• DiscoverGold

Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold