051: Alibaba Stock Analysis With Investing With Tom
After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments
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What Are Your Thoughts on the Valley Pays Business?
The company was going to go public a few months ago for, i think, 300 billion dollars in terms of the valuation. But that ended up not happening due to a regulatory problem. So they still have ally pay, and as far as i can gather, pretty much anyone who has a phone or any connection to the entonet or anything like has both ally pay and we chap pay. It's just kind of everyone uses it, like a little bit like how mones pabri talks about india skipping land lines and going straight to sell phones.
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