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Alibaba Group Holding said it is seeing "encouraging" user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China's answer to Instagram, said its online sales have tripled from a year ago. Taobao and Tmall Group, Alibaba's domestic e-commerce unit, has switched to a new strategy that focuses on consumers and small merchants during this year's festival, which runs from May 20 to June 20, as the company seeks to defend its dominant position in C
Contrarian investor Michael Burry has taken large stakes in these two well-known value stocks. Which one would I rather buy? The post Investor Michael Burry has 10% of his portfolio in these 2 dirt-cheap value stocks appeared first on The Motley Fool UK.