Some people believe it's overvalued due to the high volume of outstanding stock. Alibaba has 2.6 billion shares of stock outstanding vs. Amazon's 480 million.
I don't understand what that means. And isn't Amazon not making profit from the store yet because they are constantly rolling it back into expanding it?
9 comments
1 zenicaone 2017-08-22
WallStreetTraderChip: duh! what were they thinking.
1 HitEmWTheHeinnn 2017-08-22
What the faaaaaaaaawk?
1 Pusigineht123 2017-08-22
Why would they bet against Alibaba? Like 90% of the shit being sold on Amazon right now is just rebranded shit companies have bought from Alibaba.
1 HitEmWTheHeinnn 2017-08-22
Some people believe it's overvalued due to the high volume of outstanding stock. Alibaba has 2.6 billion shares of stock outstanding vs. Amazon's 480 million.
1 Pusigineht123 2017-08-22
Eh whadda I know, give me container of kimchi, some fried rice and a slave wage and I'm happy.
1 HitEmWTheHeinnn 2017-08-22
Have fun with your Obama, faggot.
1 Pusigineht123 2017-08-22
I don't understand what that means. And isn't Amazon not making profit from the store yet because they are constantly rolling it back into expanding it?
1 HitEmWTheHeinnn 2017-08-22
Expanding and other shit. Yes.
1 I_Hate_Chinkers 2017-08-22
愚蠢的白人，我从来没有亏钱