I used to think of Alibaba as the one legitimate Chinese company. Their product seems sound to me: we'll navigate the complex world of Chinese factory for you a

I used to think of Alibaba as the one legitimate Chinese company. Their product seems sound to me: we'll navigate the complex world of Chinese factory for you and take a cut off the top. But apparently, most of their growth since IPO has come from mainland sales. Which seems to go against the narrative I just stated. Their Edgar SEC filings don't break out revenue as much as I would like. [0] So are they a scam? The very opinionated Deep Throat IPO seems to think so. [1] [0]: https://otp.investis.com/clients/us/alibaba/SEC/sec-show.aspx?Type=page&FilingId=15112567-1150927-1155657&CIK=0001577552&Index=17000 https://otp.investis.com/clients/us/alibaba/SEC/sec-show.asp... [1]: http://www.deepthroatipo.com/alibaba-december-quarter-2020-results-q3-fy2021/ http://www.deepthroatipo.com/alibaba-december-quarter-2020-r...