Observing BABA and their fight for the food delivery war in China, I believe they will beat expectations. They felt like they were putting the screws on their competitors, and coming feom a position of strength.
While reports seemed slightly pessimistic for 11/11 sales for Taobao, I felt that there was a recovery compared to the past few years where it felt stronger than the year before.
Might be overly optimistic of me, but I am of the view that Alibaba has done most of the things right. Nothing overly ambitious (then again Xiaomi could make EVs work for them, so who am I to judge)
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