Alibaba can probably afford to execute up to $38 billion in deals (acquisitions and investments) next year, according to data from an analyst at BNP Paribas SA cited by Bloomberg late Thursday. That’s huge — this year the ecommerce giant spent just $15 billion. It puts Alibaba’s estimated spending power ahead of Chinese Internet rivals Tencent (with around $35 […]
Alibaba could spend up to $38B in investments and acquisitions in 2016
Venture Beat - 11 Dec 2015 07:20
Alibaba can probably afford to execute up to $38 billion in deals (acquisitions and investments) next year, according to data from an analyst at BNP Paribas SA cited by Bloomberg late Thursday. That’s huge — this year the ecommerce giant spent just $15 billion. It puts Alibaba’s estimated spending power ahead of Chinese Internet rivals Tencent (with around $35 […]
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