Ep. 55: Alibaba with J Capital's Anne Stevenson-Yang, Tractor Supply Company, AutoNation, Prologis
The Drill Down
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Is Alibaba a Big E-Commerce Platform?
Stevenson Yang, CEO of Jay Capital: I think that Alibaba is an Enron scale fraud. The company has acquired about $80 billion worth of assets since it listed in 2014. In the most recent year, they had $1.8 billion of acquisitions of intangibles. They don't even list all of the companies that they acquire during the course of a year.
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