Alibaba's Q2 earnings report demonstrated that the strategic overhaul the company undertook last year is bearing fruit. I won't bore you with the details of the Q2 earnings, and instead, I will offer you the broader direction of where I think this company is headed.
For readers interested in reading the details of Q2, click here.
E-commerce is just a gateway to something bigger...
For Alibaba, I think the material investments the company is making in cloud and AI demonstrate that the company is fixated on the path to a trillion-dollar valuation.