Alibaba's Exposure to Russia Deserves a Much Closer Look
As China's largest e-commerce and cloud infrastructure platform company, Alibaba (NYSE: BABA) isn't often associated with other countries. However, 301 million of Alibaba's 1.28 billion annual active consumers were actually located outside of China in its latest quarter, while its international commerce revenue accounted for nearly 7% of its top line.
Alibaba mainly serves other countries through AliExpress (a cross-border marketplace that helps Chinese merchants reach overseas buyers), the Southeast Asian marketplace Lazada, and the Turkish marketplace Trendyol. That overseas segment is significantly exposed to Russia's invasion of Ukraine since both countries are major markets for AliExpress.
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Source Fool.com
