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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You must do things you think you cannot do Honorary guest‚ lecturers‚ parents‚ fellow graduates‚ good afternoon. I am your valedictorian Oshane Thomas and I am charging you today to do the things you think you cannot do. The important actions aren’t easy. They are hard because of our fears. No one is without them. One of my fears is being here today talking to you. On preparation for graduation‚ I was notified that I had to deliver a speech and the thought of actually doing it terrified me
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(A) Do you think you are addicted to Facebook? What are the signs which show a person is addicted to Facebook? Give reasons to support your view. Yes I am addicted to Facebook. The signs that shows a person that is addicted to Facebook is when he/she is constantly thinking about Facebook‚ like always updating his/hers statuses‚ always talk about the topics that he/she saw from Facebook or constantly checking his/her phone for Facebook updates. Another sign of Facebook addiction is when he/she
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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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QUESTION 1: LIST THE BUSINESS MODELS USED BY M & S Product/ Service Customization Model M & S moderately or diligently aligns its products and ideas based on the dynamic or ever transforming market trends and fashion needs. According to the case study‚ M & S is highly concentrated in the fashion industry and its ever-growing demand for its exclusive garments and customized accessories. Hands-on approach is mostly utilised by modelling agencies to fulfil the industry’s standards‚ and in the process
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Wei-Hsiang Wang What do you think art is? In my opinion‚ the major purpose of art is to influence someone. Some of the most common types of art in public are paintings‚ photos‚ and sculptures. When I go to the library‚ I would see photos of intellectual people‚ such as Gandhi‚ and Albert Einstein. These photos on the wall can greatly influence my mood and efficiency on studying. When I go to a hospital‚ I would see paintings and pictures that show life. Most of these paintings would have the
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What do you think is unethical? The countrywide approved everyone to get their loans‚ no matter they have jobs or not‚ no matter they have income or not‚ no matter they have assets or not. The criteria they use may be unethical. They don’t care whether the documents are valid‚ whether they can verify the income‚ whether the appraisal is any good. They just care about getting the loan closed‚ in order to do another loan. The underwriters/ contractors looked through the loan as quick as they can.
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1. How does Alibaba create a competitive advantage? Is this advantage sustainable? a) Alibaba hoped to pool enough stable transaction volume to negotiate bulk discounts from service providers and capture part of that discount for itself. As Ma put it‚ “If one million users are transacting daily‚ Citibank and UPS will come to me. We can offer a discount to customers in exchange for a commission. b) It also helped that Alibaba Group offered a host of services promoting online trade including:
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Community Long Term Vision To Make It Easy To Do Business Anywhere To Be an Essential Partner to All Businesspeople To Build a Company that Lasts “102 Years” Products and Services • B2B (market place): alibaba.com‚ divided into china.alibaba.com (serving Chinese customers)‚ japan.alibaba.com (serving Japanese customers)‚ alibaba.com (serving global customers) • C2C: taobao.com (founded in May 2003)‚ free website‚ business volume in 2005 is USD 967 M. •
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co-founders‚ Alibaba.com has become the world’s largest online business-to-business global trading marketplace‚ with 2.5 million and 14 million registered users in its international and Chinese domestic marketplaces respectively (refer to Appendix 1 for key development milestones). In 2004‚ the Alibaba websites boasted an estimated combined transaction volume of more than US$4.5 billion. Alibaba.com also owns and operates Taobao.com‚ a business-toconsumer and consumer-to-consumer marketplace; Alipay‚ an
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