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Alibaba does not need warehouses; a big part of its appeal is its asset-light model. And at 12 times earnings, Best Buy shares carry a sensible valuation; Suning’s multiple is in the dizzy triple digits. Alibaba sees cheap way to bank credit with China.
For Alibaba that is a fairly cheap way of banking credit with China. It could use the credit: talk of friction between its shoot-from-the-hip founder Jack Ma and China’s leadership never quite dies, and there is the irksome business of its mooted acquisition of a stake in affiliate Ant Financial still awaiting.
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Aggregated China Business Blogs. 2013-12-14. Alibaba sees cheap way to bank credit with china. thai bank Extends SME Business Opportunities Via Alibaba.
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In depth view into Alibaba Group Total Current Liabilities (Quarterly) including historical data from 2014, charts, stats and 163.70 +3.85 +2.41% NYSE Jun 11, 16:59 Delayed 2m USD. Alibaba sees cheap way to bank credit with China Yahoo 06/11 05:00 ET.
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