Alpha Investments Store is a leading retail investment firm that has been in the industry for over a decade. With the recent changes in the stock market, Alpha Investments Store has seen both profits and losses in 2021 and 2022. Shopify's massive profits in 2021 had a lot to do with its equity investments and so did the losses in 2022 but a lack of operating leverage.
In 2021, Alpha Investment Store invested heavily in digital technologies, energy storage, and cryptocurrency. For digital technologies, Alpha Investment Store put money into ImpactAlpha, a venture capital firm that invested $181 million to digitalize independent hardware stores in Latin America. The firm has also invested in Alibaba and its Freshippo stores, which have seen solid growth and look to be a lucrative investment.
In terms of energy storage, Alpha Investments Store has been looking into technology and I think it will lean towards energy storage rather than automotive. There will be significant investment needed and I believe Tesla will raise the bar when it comes to energy storage.