The Best Way to Invest in Chinese E-Commerce Without Jack Ma
There's little doubt that Alibaba (NYSE: BABA) is a force to be reckoned with in China, but the company is facing choppy seas these days as the result of comments made by co-founder Jack Ma. In a speech in October, he criticized regulators, and Beijing was swift to respond.
Alibaba's spinoff of Ant Group was unceremoniously shelved, execs of both entities were called to appear before regulators, and Alibaba has been the subject of an antitrust investigation. As a result, Ma has been avoiding the spotlight for more than two months now, leading some to initially believe he was missing.
Investors looking to invest in e-commerce in China without all the drama should consider JD.com (NASDAQ: JD).
Source Fool.com
