- Alibaba's China consumer base of 950 million users is one of the largest and most valuable assets the company can continue to leverage on.
- Alibaba's next phase of growth in international e-commerce is able to leverage on its replicable e-commerce strategy, strong brand, and logistics capabilities.
- Alibaba Cloud will continue to be a market leader in a fast growing industry, gaining economies of scale and improving profitability.
- Alibaba is reinvesting into key strategic business areas and continues to acquire businesses that add value to existing businesses or create new business opportunities.
- Based on my SOTP valuation below, I derived a target price of $182, implying an upside potential of 49%.
For further details see:
Alibaba: The Time To Buy Is Now