Alibaba acquired Ele.me, spending 66.5 billion yuan, and lost money.


Alibaba invested in Evergrande Football, spending 1.2 billion yuan, and lost money.
Alibaba invested in Suning.com, pouring 20 billion yuan in, and lost money.
Alibaba acquired Youku, spending dozens of billions, and lost money.
Alibaba acquired Tudou, spending dozens of billions, and lost money.
Alibaba acquired the UC Browser, spending $4.3 billion, and lost money.
Alibaba invested in Hema Fresh, and after a few years it lost several hundred billion.
Alibaba acquired RT-Mart, and lost money.
In fact, over these years, all the projects Alibaba has invested in have been in a loss-making state—so why hasn’t Alibaba gone bankrupt because of the losses?
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