Alipay is China’s leading third-party online payment platform. It was launched in China in 2004 by Alibaba Group which founded by Jack Ma. Alipay refers as a wallet for user’s digital life. It is a mobile or web app providing an easy and secure way for millions of individuals and businesses to make and receive payments on the Internet. Up until December 2014‚ Alipay had more than 300 million registered users and around 8 million transactions are made daily. Hence‚ Alipay is a key catalyst in the
Premium Marketing China Alibaba Group
LOVELY PROFESTIONAL UNIVERSITY Lovely school of management TERM PAPER MGT-511 Business Environment PESTLE Analysis of India Submitted To: - Submitted By:- Mr. Vishwas Chakranarayan Ashish Suman Roll No. RS1904A10 Reg. No. – 10905868 Acknowledgment My sincere thank and gratitude to my faculty who inspired me with his able guidance and guided me in this course. The support and knowledge
Premium India Government of India Bihar
1. What was Alibaba Group’s motivation for diversifying into the consumer business with the launch of Taobao? Does it make sense? Alibaba Group’s motivation for diversifying into the consumer business with the launch of Taobao was mainly because of the rise of eBay in China. Jack Ma‚ the founder of Alibaba‚ observed that the entry of eBay through EachNet‚ which held an 85% market share‚ was a threat to Alibaba. He was especially concerned that the rise of eBay would encroach their existing B2B
Premium Alibaba Group Alibaba Yahoo!
Taobao VS eBay in China eBay China eBay‚ as a global company with a global strategy that trades across many nations‚ regarded itself very much as an American company‚ founded in 1995. Under ’ pioneered online person to person trading ’‚ " a web-based community that bought buyers and sellers together " approaches ( Stockdale and Felstead‚ 2010) ‚ currently the company listing sites in 29 countries and defines the C2C model of e-business around world. eBay has became the dominant online trading
Premium Alibaba Group Electronic commerce China
Taobao Marketplace and Juhuasuan Launch Juhuasuan Overseas Group Shopping Platform in Hong Kong and Taiwan Apr 8 13 Taobao Marketplace and Juhuasuan announced the official launch of Juhuasuan Overseas platform to provide Hong Kong and Taiwan consumers with a dedicated comprehensive group shopping platform offering a wide range of high-quality merchandise and localized lifestyle services selected from Taobao sellers. Previously‚ products offered on Juhuasuan were often only accessible to mainland
Premium Alibaba Group Initial public offering Taobao
1. What was Alibaba Group’s motivation for diversifying into the consumer business with the launch of Taobao? Does it make sense? The motivation came from the fear of the rise of eBay in China. It invested US$30 million in EachNet in 2002‚ and at that time‚ EachNet commanded an 85% market share. Just in the following year‚ acquired the remaining 67% stake in EachNet‚ rebranding the site as eBay EachNet. EBay has very big ambition in Chinese market and it is another company that understood Chinese
Free Alibaba Group Alibaba Marketing
Case Study: Alibaba 1. Identify a product you would like to import. Visit www.alibaba.com‚ go to the advanced search field‚ and enter it. Select required criteria and click on “Search.” Review the list of companies that qualify. Find a suitable seller. Analyze this process for ease‚ usefulness‚ and potential value. I was looking into importing Football jerseys for semi-pro football teams here in the United States. During the search process of the entire venture was very simple it is all
Premium International trade Export Website
PESTEL Analysis on Doing Business in Canada Political Canada has a very strong democratic government since the 19th century when all of the Canadian Provinces were allowed to be self-governed. Though the 20th century the country was ruled by a collaboration of the Liberal and Conservative parties‚ but after WWII it was ruled by either Liberal or Conservative. The stability of the country can be measured by the World Bank’s Worldwide Governance Indicators‚ ranking Canada a few marks below 94
Premium Tax
P4 - Examine the ethical concerns of the communities in which Primark operates. M3 - Explain the ethical concerns of the communities in which Primark operates and suggest measures that could be taken to improve corporate responsibility. As Primark is a multi-national company there are many communities around them that will be concerned with the way that Primark operates and if they are being ethical or not because Primark brings jobs to local and regional communities meaning that they are important
Premium Business ethics World energy resources and consumption Ethics
Do you think compensation packages negotiated through collective bargaining agreements are a major cause of our inability to compete in many sectors of the international market? Do you agree or disagree with this statement? Explain using relevant organizational examples. Start with the compensation package. Compensation-packages Along with salary and wages‚ many employers offer added incentives in what is known as a compensation package. This package is
Premium Trade union Employment Collective bargaining