Alibaba is now the 6th largest company of all US-traded entities… and is the biggest non-US-domiciled corporation in the world (having added $80 billion in market cap in the last 3 weeks alone)
Alibaba has exploded past its other mega cap names in the last few weeks… adding $80 billion since Bullard's "QE4" sputtering
And as far as Dotcom 2.0 valuations – we are sure there is nothing to see here, move along!!!
This time is different, of course, because you see.. "they have revenues…"
Charts: Bloomberg
via Zero Hedge http://ift.tt/10MtJkf Tyler Durden