Is Alibaba Group Holding Ltd (BABA) Stock a Better Holding Than Amazon?
Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) made history in September 2014 thanks to its blockbuster IPO, the biggest of its kind ever, that helped give the company a market cap of $231 billion from the get-go. If you held Alibaba shares from the time of its IPO to January 2016, you would have had nothing at all to show for your troubles compared to an impressive 87% gain by Amazon shares over the same period. Amazon.com, Inc. (NASDAQ:AMZN) is widely considered the closest comparison for Alibaba, though the two companies are quite different as you shall see shortly.
Source:: https://finance.yahoo.com/news/alibaba-group-holding-ltd-baba-180601036.html
