$Alibaba(BABA)$
Judging from the competition between JD.com and Meituan, Alibaba's current strategy is correct. It focuses on developing technology, cloud computing, and AI. These aren't things that can be achieved just by having people and money. They require long - term technical accumulation, and the barriers are relatively high. Just like chips, it's not something that any company can develop overnight; it needs long - term technical accumulation.
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