2015-11-30, 17:25
Why Does Alibaba's Stock Drop With Each Acquisition?
Over the last two years, Jack Ma has been on a buying spree that would be the envy of any avid female shopper. He has snatched up UCWEB, Highmoral Map, Kuaidi Taxi, Meituan, Suning, Youku and Tudou, etc. It’s clear that Ali’s ambition is to create one-stop access to the Internet. But, at the same time, financial magnate George Soros got rid of almost his entire stake in Ali, Tiger Fund series reduced their shares in Ali and Baidu, and Morgan Stanley even excluded Ali from the Focus List for the Asia-Pacific.
http://www.forbes.com/sites/ceibs/2015/1...uture-tech
Over the last two years, Jack Ma has been on a buying spree that would be the envy of any avid female shopper. He has snatched up UCWEB, Highmoral Map, Kuaidi Taxi, Meituan, Suning, Youku and Tudou, etc. It’s clear that Ali’s ambition is to create one-stop access to the Internet. But, at the same time, financial magnate George Soros got rid of almost his entire stake in Ali, Tiger Fund series reduced their shares in Ali and Baidu, and Morgan Stanley even excluded Ali from the Focus List for the Asia-Pacific.
http://www.forbes.com/sites/ceibs/2015/1...uture-tech