$BABA really isn't a bad company. It's just a shame that the main market is where it's based...otherwise it would be a great deal. Despite the risks, I don't want to do it...

Well, it looks nice that way, but the question is what are they going to do with the cash? Because of the government, they may have trouble investing it back, lest they get hauled through the "courts" again for a monopoly. They have announced a share buy-back for some 25bn, but it hasn't really manifested itself yet, because even if they buy something back they will increase it later as part of employee bonuses. Will they ever pay a special dividend or will they introduce a regular dividend? Investors don't have much of that cash at the moment, so it's not such a big deal;)

Alibaba has a large amount of cash and cash equivalents. I say it often, the company is good, but the country where it operates is not so good.