Morgan Stanley: Alibaba's Opportunity In China 'Vastly Greater' Than Amazon's U.S. Potential
Alibaba's fintech opportunity was lowered from $2.8 trillion to $179 billion based on a revised addressable revenue opportunity in consumption payments, wealth management, credit market and insurance. The analyst removed $1.2 trillion in sales of autos, food delivery and pharmacy, as these opportunities are already captured in the offline business.
from Yahoo Finance https://ift.tt/2HzhY6t
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