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, but if you want to have a big harvest, you must invest, so even if you keep losing money, you can't stop our investment. This round of bull market may be the last carnival of most altcoins. In the next few years, more than 90% of altcoins will no longer exist, and they will be replaced by the real tokenization process of assets and securities; the global status of the US dollar will be further consolidated, and even more solid than the traditional US dollar.