Fidelity portfolio manager: Alibaba is 'leapfrogging' the competition and shows no signs of slowing

Bill Kennedy, a portfolio manager at Fidelity investments, spoke to Henry Blodget about Alibaba, which he sees leap-frogging traditional brick-and-mortar retailers and completely dominating the online market. Kennedy discusses the company’s geographical growth prospects, and says there’s still a lot of unrealized opportunity in China. He also talks about possible Alibaba competitors, or the lack thereof in some places.

Get the latest Alibaba stock price here.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.