Will I Am
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$JD.com(JD.US$ $Alibaba(BABA.US$ JD is like Amazon, their GMV (gross merchandise value) is their revenue, thus the low margins.
BABA is very different, their e-commerce revenue is NOT GMV, but based on fees charged to online store owners for setting up shop (on Taobao, Tmaill, etc. platforms) and advertising, this is a very high margin business. In terms of GMV, BABA is many times higher than JD.
However, BABA has many of businesses in addition to e-commerce. The investment into these businesses has been depleting their margin over time. This includes Fresh Hippo/ SunArt (grocery), Cainiao (logistics), AliYun (cloud), ele.me (food delivery), Ant Financial (Fintech), media production, and others.
BABA is very different, their e-commerce revenue is NOT GMV, but based on fees charged to online store owners for setting up shop (on Taobao, Tmaill, etc. platforms) and advertising, this is a very high margin business. In terms of GMV, BABA is many times higher than JD.
However, BABA has many of businesses in addition to e-commerce. The investment into these businesses has been depleting their margin over time. This includes Fresh Hippo/ SunArt (grocery), Cainiao (logistics), AliYun (cloud), ele.me (food delivery), Ant Financial (Fintech), media production, and others.
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Will I Am
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$SIA(C6L.SG$ Isn't it going to fall? I'm still waiting to get it!
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Will I Am
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$SIA(C6L.SG$ what price is good to enter.
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$Palisade Bio(PALI.US$
what is this ?
what is this ?
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Will I Am
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$SIA(C6L.SG$ After getting vaccinated, airplanes will start flying, and the stock price will return to 2019 prices. We need to work hard, and we also need to pay attention to investment opportunities around us
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Will I Am
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Will I Am : Good to know
pretending I understand what you are talking about