Fool.com contributor Parkev Tatevosian digs deeper into Alibaba's (BABA +0.15%) business segment to determine the catalysts for profit expansion.
*Stock prices used were the afternoon prices of May 19, 2024. The video was published on May 21, 2024.
Why Alibaba Is Called the Amazon of China
By Parkev Tatevosian, CFA – May 22, 2024 at 8:15AM EST
NYSE: BABA
Alibaba Group
Market Cap
$340B
Today's Change
(0.15%) $0.23
Current Price
$151.19
Price as of December 23, 2025 at 3:58 PM ET
Like Amazon, Alibaba runs an e-commerce business and a cloud computing segment.
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
Alibaba Group
NYSE: BABA
$151.19 (+0.00%) $+0.23
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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