4.4 • 3K Ratings
🗓️ 26 June 2015
⏱️ 39 minutes
🧾️ Download transcript
Nike shares hit an all-time high after strong Q4 results. Alibaba sells its U.S. business. IAC prepares to spin off Match.com, Tinder and OKCupid. Is it time to invest in online dating? We analyze those stories, dip into the Fool Mailbag and share a few stocks on our radar. Plus, Tim Hanson discusses the latest drama between Greece and the EU, investing in China, and what he’s watching in the 2nd half of 2015.
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0:00.0 | Everybody needs money. That's why they call it money. |
0:07.0 | From full global headquarters, this is Motley Full Money. It's the Motley Full Money |
0:20.1 | radio show. I'm Chris Hill joining me in studio this week for Million Dollar Portfolio |
0:23.8 | Matt Argersinger from MDP and Motley Full Rule Breakers Simon Erickson and for Motley |
0:28.2 | Full Funds Brian Henry. Good to see you as always, gentlemen. |
0:30.2 | You take the latest on tech stocks, the Eurozone and the business of online dating. We will |
0:37.0 | dip into the full mailbag and as always we'll give you an inside look at the stocks on |
0:40.4 | our radar. But we begin this week with online retail. The biggest IPO of 2014 was Ali |
0:46.7 | Baba, the Chinese e-commerce giant that has quickly become one of the largest public |
0:51.7 | companies in the world. Part of the optimism for the business was the belief that Ali Baba |
0:56.6 | would take on e-commerce companies based here in the US. But this week the company announced |
1:02.2 | it is selling its American subsidiary, 11 main, having reportedly failed to gain traction |
1:08.4 | in the market. Maddie, I'll start with you. This is kind of surprising, isn't it? When |
1:12.6 | you consider the deep pockets that this company has that after basically a year they pulled |
1:17.5 | the plug? I am glad we're leading with this story because to me it's a big story but |
1:21.4 | it didn't really get a lot of play in the mainstream media. I think it was on like page |
1:24.7 | three of one of the inside sections of the Wall Street Journal over the week. But yeah, |
1:28.4 | this was a year ago Ali Baba comes public. The world is all Twitter about how this company |
1:33.4 | is going to. That's my new word. They're going to punch Amazon in the gut, elbow, eBay |
1:40.8 | in the head and really kind of bite into US e-commerce. But here we are less than a year |
1:45.5 | later and they're closing down or selling their US business to consumer retail operation. |
1:52.2 | It was surprising to me and I think you saw Amazon eBay rally this week and I think for |
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