I have, also been using AliExpress a lot lately. I'd say 80% of Amazon and eBay sellers are probably using it. Yes I pulled that figure out of my ass Also have to look at it from the seller's side of things. If their exports suddenly increased in cost, they're less willing to pay a premium for a middle man.
Hopefully BIDU too...sold some put spreads on Friday. I wasn't expecting this to happen, but sold the spreads because I know the Chinese Govt. will support BIDU at any cost necessary. The company basically has a monopoly on the Chinese search engine market. Same reason for BABA - no competition in China. A legal monopoly.
gahh..no wonder it was bad today https://www.cnbc.com/2018/09/10/billionaire-jack-ma-alibaba-exit-takes-his-own-advice.html A former educator, Ma announced on Monday that upon officially retiring from Alibaba, he'll devote most of his time to the Jack Ma Foundation and focus on topics related to education. He founded his organization in 2014 as a way to make improvements in rural China's educational system.