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“Alibaba sees cheap way to bank credit with China” – EyeDotTeeCross’ Nuzzel Newsletter on Wed, Jun 12 2019

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. 23 July 2019 / Published in Refinance. “Alibaba sees cheap way to bank credit with China” – EyeDotTeeCross’ Nuzzel Newsletter on Wed, Jun 12 2019.

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Alibaba does not need warehouses; a big part of its appeal is its asset-light model. And at 12 times earnings, Best Buy shares carry a sensible valuation; Suning’s multiple is in the dizzy triple digits. Alibaba sees cheap way to bank credit with China.

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