companies announce false CSR values in order to gain social reputation and government support‚ thus it is necessary to assess the authenticity of corporate CSR. The main goal of this Corporate Social Audit is to identify the specific CSR aspects that Alibaba Group claims to contribute‚ assess whether or not it is doing what it claims to do‚ and make a statement on its major strengths and weaknesses when fulfilling their social responsibility. As the largest
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The impacts of TAOBAO(business to customer) on E-business in China. Introduction In the last few decades‚ an increasing number of consumers are willing to choose online shopping rather than traditional purchase methods‚ such as supermarket and mall. The website named TAOBAO is a newly developing online shopping website‚ based on business-to-customer(B2C). This system can be defined as one model of electronic business (E-business) and that includes “Selling individual products to individual buyers
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Alibaba.com’s Brief Company Background On November 6‚ 2007‚ Alibaba.com debuted on the Hong Kong Stock Exchange‚ raising US$1.5 billion to become the world’s biggest Internet stock offering since Google’s initial public offering (IPO) in 2004. On the first trading day‚ frenzied purchases of the stock pushed prices up to by 193%‚ the fourth largest first day gain in Hong Kong’s stock exchange in three years. The closing price of US$5.09 per share gave Alibaba.com a value of about US$25.6 billion
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1. Lock-in effect is the phenomenon whereby technologies remain dominant as a result of large sunk investment costs‚ complimentary technologies‚ and widespread usage. Since Alibaba.com is the first portal market mover in China‚ it will be difficult to create another portal market which is just as successful as Alibaba.com. The lock-in effect causes people to have preference for Alibaba.com than any other portal market because they have already established their brand. Some customers also develop
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Alibaba.com SWOT Strengths – S | Weaknesses - W | Alibaba.com‚ the world’s largest ecommerce organization‚ is one that generates income from influencing business to buy and sell through their site. | • It has a reputation of success and effective growth strategies • Strong alliances and partnerships with leaders in the industry. • A strong whole in the Global Marketplace. • A international organizational structure • A bold risk taking sprit. | •
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technical opinion DOI: 10.1145/ 1435417.1435450 BY CAROL XIAOJUAN OU‚ ROBERT M. DAVISON Why eBay Lost to TaoBao in China: The Global Advantage electronic commerce involves electronically-facilitated transactions between consumers through third parties.9 In China‚ a number of C2C platforms have emerged‚ such as eBay (China)‚ TaoBao and PaiPai. TaoBao‚ established in 2003‚ has quickly assumed a dominant position in this market‚ underlined by the December 2006 decision by eBay to quit the C2C market
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Organization Theory – Alibaba case: “Why organizational structure affected Alibaba’s IPO” Introduction and Historical Overview Over recent years the external environment and the marketplace have become increasingly dynamic and competitive‚ with progressive consolidation of the market leaders and continuing need of companies to adapt their structure towards our demanding society. This trend has led Alibaba Group Holding ltd. to conduct some organizational considerations before being listed on the
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European Journal of Business and Management ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol.6‚ No.5‚ 2014 www.iiste.org Exploring Foreigners’ Online Shopping Experience in China: A Case of Taobao Salimu Abushiri Jinyevu*‚ Nuran Ally Mwasha School of Economics & Business Administration‚ Central China Normal University (CCNU)‚ 152 Luoyu Avenue‚ Wuhan‚ Hubei‚ 430079‚ P.R. China *Email of the corresponding author: salb90@yahoo.com Abstract This study is a result of the survey done amongst
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Jack Ma (Ma‚ Yun)‚ “Alibaba” of China’s e-commerce business As a young Charismatic leader‚ how will Jack Ma overcome challenges of running a big business and get success when going forward? Alibaba Group‚ even only with 12years history‚ is one of the biggest e-commerce platforms for small businesses in the world. Its business includes: Alibaba.com‚ which is for small firms to find customers and suppliers without going through middlemen‚ has 57million users‚ nearly in every country. Another
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shopping event。 The 50‚000-plus merchants on Alibaba’s consumer-oriented Tmall.com took in 13.2 billion yuan (US$2.1 billion)， the company said‚ after discounts of at least 50 percent were promised on a massive range of goods。 Sales on Alibaba’s Taobao marketplace took the 24-hour total to 19.1 billion yuan。 The Tmall total was more than three times the amount raised on the same day last year and more than double the amount Shanghai retailers took during last month’s week-long National Day holiday。
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