OT: BABA in US

Stocks A to Z
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Here’s another one. Lots of action at BABA.
Paywall too.

https://www.ft.com/content/b6903ab3-ddba-450c-8f6e-e88598e6a…

Alibaba’s push to rival Amazon by bringing US businesses on to its ecommerce platform has struggled to meet its targets, dealing a blow to the Chinese tech giant’s global expansion plans.

The group launched Alibaba.com, its business-to-business ecommerce website, in the US three years ago with the aim of signing up more than 1mn local businesses and compete globally with the likes of Amazon, which has a similar platform for wholesalers.

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Bernstein analyst:
“ He highlighted the possibility that Alibaba’s Hong Kong listing could be its primary listing, with up to $21 billion inflows in its stock.”