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Although I have enjoyed watching Jack Ma's journey with Alibaba, I am very skeptical of any self reported numbers coming out of Chinese markets. While i believe
by epa 11y ago
Although I have enjoyed watching Jack Ma's journey with Alibaba, I am very skeptical of any self reported numbers coming out of Chinese markets. While i believe they have enourmous volume flowing through their services, you can never be sure how much of this is being accurately reported.
- deleted 11y ago[deleted]
- chaostheory 11y agoI'm also skeptical since Alibaba has a history of accounting fraud.
- qiqing 11y ago> I am very skeptical of any self reported numbers coming out of Chinese markets Would you say that you are less skeptical of large U.S.-based companies (banks, energy, or any other sector) when self-reporting?
- epa 11y agoI would say there is a greater risk of incorrect self reporting to US public companies than Chinese public companies.