As China's Economy Stumbles, Jack Ma Makes a Bigger Bet on Alibaba | Vantage with Palki Sharma

As China's Economy Stumbles, Jack Ma Makes a Bigger Bet on Alibaba | Vantage with Palki Sharma

As China's economic decline continues, and stock markets witness turmoil - Alibaba's Founder Jack Ma is buying more shares in Alibaba. His co-founder Joe Tsai - has also bought more Alibaba shares. The purchase has added $13 billion to Alibaba's market value. Palki Sharma tells you how Jack Ma's move sends a signal to China's ruling establishment.

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Jack Ma | China | Alibaba | Joe Tsai | Company Shares | Economy | Firstpost | World News | Vantage | Palki Sharma

#jackma #alibaba #joetsai #companyshares #economy #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[Firstpost]

Will China's economy recover in 2024?
Leave a comment and let us know your thoughts.

[nenitaschmidt]

Quality plays a big role, make sure that the customers get what they ordered in time.

[centurione]

I suspect that the CCP "made him an offer he couldn't refuse" ...
Capisc?! 🤣

[kyle_]

Money tells the truth as always. Sell high buy low. No one hates their own money, do you?

[dipiti]

AliExpress not shipping to India, maybe banned. As shipping mostly is free and Govt. does not get GST. 18% on item, shipping. 3000 Crore Chinese statue was not purchased from AliExpress. It was purchased by Govt. for Gujrat landscape.

[kevinsam]

Palki, thanks for your insightful reporting. You are one of the best and I love watching your reports.

[Indian_Girl_Aarini_]

As a proud Indian🇮🇳 and I really love ♥ and have a lot of respect for the incredible work of Palki's highly captivating important story regarding *How British looted 45 trillion from India* which unquestionably stands as a masterpiece of the highest quality. The content of the reporting is truly inspiring, and I thoroughly enjoyed watching it. The dedication, talent and hard work poured into the video are greatly appreciated by many. The Indian Union Public Service Commission has delivered a remarkable report titled संघ लोक सेवा आयोग *How Britishers killed 1.8 billion Indians. Chronology of British Raj's exploitative policies* | UPSC, " is equally astounding. The Indian government consistently produces insightful and thought-provoking articles of the utmost caliber, and I sincerely hope they continue to produce such interesting exceptional work. Can it even get better than that? It should deserve an award for best report of the year. Thanks for telling the truth. Your show was really entertaining.

[kensmith]

There’s an old Chinese adage: the nail that sticks up higher than the rest gets hammered down. Jack Ma is one such nail

[steventan]

Many smart investors, not only Jack Ma, have started buying BABA after it had fallen to a very attractive value.

[manishdhawan]

Elon Musk said Chinese electric car makers will find "significant" success outside of China, even as his auto firm, Tesla, faces intense competition from these same companies.

"Frankly, I think, if there are not trade barriers established, they will pretty much demolish most other companies in the world, " Musk said.

[jw]

That wonderful news! It is not only a sign of his comeback but also his confidence in the resilience of China's economy.

Am sure he has learned his lesson and will do whats right. Hope other governments around the world dare crackdown on monopolies and promote open competition.

[LongThanh-ewtf]

Keep fighting for a better China, Jack.

[wilfredteo]

Was he 'forced' to buy those shares and one of his conditions of freedom in China?

[umarjongi]

"Stumbles"? China grew 5.3% in 2023!

[slammerlo]

Ah, let me shed some light on false information circulating about Jack Ma and Beijing, which we must approach with caution and humility. You see, certain American companies have raised concerns about Jack Ma's sale platform, accusing him of facilitating the sale of copyrighted goods. However, we must make it clear that this controversy may have been orchestrated to hinder these companies and divert their attention away from their own endeavors. Now it seems his behavior is behind him and no one will think otherwise, he is playing another game to get back in business.
The world should know anything now made in China will not manufacture with safety standards. It will be their hit back to the world for knowing what came to light from their last strike, making the world go in chaos. Beijing was never in a fight with Jack Ma, it all cook up to fool the world to let Jack Ma go in hiding till things blow over like now. Then everything we suppose is own by Jack Ma is not true, but own by the same who is playing this game slapping him around. Be careful, world, don't act like a kid playing in the park.

[weiliao]

Alibaba's PE is standing at 10, which is very low for an internet company, it is natural for him to buy cause the company is totally undervalued at the moment.

[bloodyorphan]

"As Chinas' economy stumbles" .... LOL
How's that American propaganda engine treating ya's ??
**GOD**

[gerardolondon]

That's is why Apple is no longer in China. Good thing they moved to India. CCP are so greedy. Hoping Jack Ma is okay.

[manimalworks]

An economy growing at 5.2% annually is stumbling? What do you say about those with negative numbers, for example, Germany and Britain?

[shreyashukla]

ykw i'll be super happy if he comes back he was really osm n inspirational