Hoffman: Alibaba More Likely to Go After EBay Than PayPal

The video discusses Alibaba's strategic approach, suggesting it may prioritize entering the marketplace sector before focusing on payments. The speaker compares this strategy to eBay's, highlighting how Alibaba might play in the global market. The discussion is based on logical deductions rather than speculation.

What does the speaker imply about speculation in relation to Alibaba's plans?

What might be the first step for Alibaba in the global market according to the speaker?