Alibaba spent 66.5 billion to acquire Ele.me and lost money.

Alibaba invested in Evergrande Football and lost 1.2 billion.

Alibaba invested in Suning.com and lost 20 billion.

Alibaba spent billions to acquire Youku Video and lost money.

Alibaba spent billions to acquire Tudou Video and lost money.

Alibaba spent 4.3 billion to acquire UC Browser and lost money.

Alibaba invested in Hema Fresh and lost tens of billions in a few years.

Alibaba acquired RT-Mart and lost money.

In fact, in recent years, Alibaba's investment projects have always been loss-making, and there are basically no profitable projects. The reason why Alibaba will not go bankrupt due to losses is that Alibaba earns a lot of profits through Taobao Tmall, with a GMV of 8 trillion a year and a net profit of 200 billion. In recent years, Taobao Tmall has contributed more than 1 trillion in net profit to Alibaba. With such a large family and business, Alibaba will not go bankrupt due to losses even if it invests in 100 failed projects.#Meme #WIF #sui #SHIB