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
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Alibaba had several Internet businesses focused on various e-commerce business models. Being one of the first companies to enter the Chinese Internet industry‚ Alibaba played a major role in bringing about an Internet revolution in China. It was launched with the vision of serving the small and medium enterprises in China and across the world. Alibaba also participate in search engine market and social-networking product. Jack Ma is founder of Alibaba. In 1995‚ he went to America and it was then
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United international college | Alibaba Group | Business Report and Event Evaluate | | Group A | 0930600165 Lancer 赵瑞晗 | 1030600069 Jason 梁颖1030600076 Myann 林跃1031300033 Su 罗瑶1030600140 Melody 吴晓彤1030600142 Echo 吴卓玥 | 2012/10/23 | Business Communication group Project | Content Section A: Alibaba 3 A. Introduction 3 B. Brief history of Company Development 4 1. Establishing group period: 1998 – 1999 4 2. Forming diversification period: 2000-2003 4 3. Forming group
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ICMR Case Collection Icfai Center for Management Research Alibaba: Competing in China & Beyond BSTR288-Teaching Note 2008The Icfai Center for Management Research. All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system‚ used in a spreadsheet‚ or transmitted in any form or by any means- electronic or mechanical‚ without permission. To order copies‚ call 0091-40-2343-0462/63 or write to Icfai Center for Management Research‚ Plot # 49‚ Nagarjuna Hills
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was Alibaba Group’s motivation for diversifying into the consumer business with the launch of Taobao? Does it make sense? Alibaba group felt that it was under threat from eBay as eBay had a large market share in C2C business. Alibaba felt that eBay may go into the B2B business which Alibaba is in‚ and their business may be under threat. Hence Alibaba decided to go into the C2C business with Taobao to compete with eBay for the fear of eating into Alibaba business. It made sense because Taobao managed
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Case Study | Alibaba Group “ 5 Application Delivery Networking solutions enabled us to build F globalized data centers that are secure‚ reliable‚ and fast.” Wang Zhilei‚ Operations Director‚ Alibaba B2B Overview Alibaba Builds a Secure‚ Reliable‚ and Fast Data Center Using F5 Application Delivery Networking Products Global e-commerce leader Alibaba Group is the largest e-commerce company in China. The company plans to expand its operations significantly‚ and needed to support several
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2014). Alibaba‚ the miracle creator‚ used only 15-year’s development to take the seat in the Wall Street and build an e-commercial empire. The NYSE’s IPO is the signal to tell global investors and competitors that Alibaba is ready to join the global market competition. For Alibaba‚ going global means new frontier‚ however‚ the new frontier could be either a barren cliff or cornucopian grassland. In this essay‚ we will mainly discuss that why Alibaba want to expand global markets‚ and how Alibaba is going
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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
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ALI FARHOOMAND rP os t HKU776 ALIBABA.COM op yo China is a place where miracles are made. - Jack Ma‚ founder and chairman of Alibaba Group1 tC On 6 November 2007‚ Alibaba.com debuted on the Hong Kong Stock Exchange‚ raising US$1.5 billion to become the world’s biggest internet offering since Google’s initial public offering (“IPO”) in 2004. A frenzied purchase of the stock pushed prices up by 193% on the first trading day‚ making it the fourth-largest first-day gain in Hong Kong’s stock exchange
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than American’s in this case. The‚ consumer’s expectations and needs are different too. While eBay didn’t want or think to adapt its strategy‚ Alibaba perfectly adapted to the local culture. By looking at the Tobago website you can tell that‚ it is a Chinese platform. To compete with eBay‚ Jack Ma (Alibaba’s founder) has given a strong local identity to Taobao(website). First‚ every member of the administration team had to choose a nickname‚
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