Alibaba Faces 'Serious' Competition With Meituan, Blue Lotus Capital Says

Aug.23 -- Eric Wen, founder of Blue Lotus Capital Advisor Ltd., talks about Alibaba Group's financial results and outlook. China’s biggest online emporium reported its fastest pace of growth in more than four years by wringing more revenue from newer arenas such as cloud computing and entertainment. Wen speaks with Yvonne Man, Lulu Chen and Ramy Inocencio on "Bloomberg Daybreak: Asia."