Excellent article. I'm curious to know what TPG would think of this piece. Though I do believe you are a tad too quick to dismiss the buyback as insignificant.
Personally, as much as I believe that this stock has value, I find the actions of its management team to be quite troubling. Their apparent indecisiveness and lack of transparency is of serious concern.
Personally, I'm a fan of Alibaba. I've used them many times. As a small business owner, we simply couldn't afford to purchase some of these items locally otherwise. For the most part I've been impressed with the quality. Like everything, do some comparison
shopping on the site, and in some cases you get what you pay for. But I think with the infusion of cash, they could take what is an amazing site and turn it into an unbeatable site.
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Excellent article. I'm curious to know what TPG would think of this piece. Though I do believe you are a tad too quick to dismiss the buyback as insignificant.
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