Chinese culture is not honest. The idea of "shareholder value" must sound disturbing for them. Now Alibaba. Amazon and Ebay on Steroids. Maybe. Or not so much?

Chinese culture is not honest. The idea of "shareholder value" must sound disturbing for them. Now Alibaba. Amazon and Ebay on Steroids. Maybe. Or not so much? Parts of the company are removed/divested from the stock. This is very likely not a good thing. In case of Alipay (Think Paypal) it is not a good thing because investors lose a very valuable asset. In case of the delivery services, it is not a good thing because likely this is a money losing business, making look Alibaba much more profitable than it is. “My experience with Chinese companies is that what you don’t know is generally not good news.” I agree on that. I live in China and I don't own any Chinese stocks. You may take all this already into consideration when investing into Alibaba. Not to the linked previous article from Bronte capital (their blog is actually in my RSS feed and very good): http://fortune.com/2015/09/18/alibaba-faking-numbers-hedge-fund/ http://fortune.com/2015/09/18/alibaba-faking-numbers-hedge-f... He has a look on some reported numbers from Alibaba. And while mathematically possible, I would again take them into carefully consideration of your investment. I use Alibaba. Its good. Most of the stuff is fake but they have good and cheap things. But knowing the Chinese and seeing this red herrings, I would pass. Here is another Blog post about another Alibaba competitor (competitor to Alibabas TMart) JD that speaks very positively about the competitor: https://oraclefromomaha.wordpress.com/2016/05/05/jd-com-a-multi-decade-compounder/ https://oraclefromomaha.wordpress.com/2016/05/05/jd-com-a-mu... But in the end, both are Chinese companies.