"Interestingly, Alibaba’s Net Income for the quarter was $9.898 Billion, so if we subtract out the “one time” $9.7 Billion bookkeeping “gain” we see that Alibaba is actually just barely breaking even. "
Wow. Generally that kind of "aggressive" bookkeeping means there is a lot of things wrong at the management level, especially as the deal is shady as hell to start with. Stay away at all cost.