Sunday, June 26, 2022
Home Business Move aside, Alibaba. Morningstar says it prefers another Chinese e-commerce stock

Move aside, Alibaba. Morningstar says it prefers another Chinese e-commerce stock


Chinese e-commerce applications in the lead up to the June 18 mid-year shopping festival. Clockwise from top left: Alibaba Group’s Taobao, Pinduoduo, Alibaba, Alibaba’s Tmall, JD.com and Alibaba’s Idle Fish.

Chan Long Hei | Bloomberg | Getty Images

Following Alibaba’s disappointing earnings report for the September quarter, Morningstar says investors should look at another Chinese e-commerce stock instead.



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments