The new U.S. President receives mixed reactions on his victory. (Photo : Getty Images)
Chinese technology giant Alibaba fell a 5 percent fall in stock prices as news of Donald Trump's victory spread across the globe.
Alibaba's stocks were high in October by 13 percent but experienced a dip for two consecutive days after the new U.S. president was declared.
However, the fall of Alibaba's stocks did not affect sales as of yet. American consumers compose 10 percent of Alibaba's subscribers.
Joe Tsai, vice chairman of Alibaba, said, "China is going to be and already is the source of consumer demand and the source of capital for America."
He added, "So if you're the American president, you have to pay a lot of attention to that because your job is to create a lot of jobs in American society. And if you don't have Chinese consumers being engaged and buying American products, and Chinese investors can't invest in the United States, and create more American jobs, then you'd be in trouble."
Jack Ma, founder, and CEO of the Chinese company, also said that President Donald Trump must work for a healthy relationship with China or else there will be a "disaster."
Various media personalities also voiced out their opinion on the Donald Trump news.
"One can only hope that someone had the presence of mind to put a blindfold and ear plugs on the statue of Abraham Lincoln, sitting on a national mall," wrote David Smith, a correspondent for U.K. newspaper "The Guardian."
In Italy, another newspaper wrote, "American democracy is sick. . . .The mutual delegitimization [of the candidates] is total. It's hard to find in the recent past a similar level of animosity, contempt, insult."
