Dudes BABA is like on some life changing shit.
Honestly what is Jack Ma's problem? This motherfucker almost died in the Gulag the last time he tried this maybe China really is extremely desperate for anything to save their economy.
Alipay reported 100 million users for its tap-and-pay service, launched on June 7, 2024.
Last August, reports indicated Ant Group was in talks to acquire the Chinese online healthcare platform Haodf.com to integrate its technology with Haodf.com, which provides online consultations with doctors.
Ant Group also remains invested in its artificial intelligence ambitions. In 2023, it spent $2.9 billion (21.2 billion yuan) on research to advance its goals.
Ali Baba is ridiculous you guys should actually understand the insane monopoly in China they are building its going to either grow to be 50% of the entire country commerce, banking, technology or China will kill it dead.
They have #1 AI, #1 AliPay #1 Taobao best imported luxury goods, #1 retailer BY FAR in China, if they got Ant connected to them it would be game over. Maybe China wants them to grow as big as Amazon is to really stick it in USA faces.
Its legitimately unreal what is going on if you look at it deeper the more you go down deep you see the immensity of BABA's dominance in China this stock is easily going to ATH this year if various things fall into place.
I am going to be obnoxious and link this to OP because I need people to really try to understand this is the MAKE IT STOCK right now. You can actually get retirement on BABA.
I am not a financial advisor and this is 100% opinion but ONLY IF I AM RIGHT once American investment figures out how incredible Alis moat is its going to get so fucking real. Peace!
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