"Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine."
— Jack Ma
Alibaba is expanding into low margin businesses such as UCweb and AliCloud, and is expanding into digital entertainment.
Alibaba is also expanding into online-to-offline, or O2O, through its food delivery service Koubei. “We have not yet observed a clear monetization model for Koubei at this early stage,” noted Deutsche.
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