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
Premium Electronic commerce Alibaba Group Jack Ma
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
Premium Competition Alibaba Group Marketing
Welcome to Alibaba.com! Presented by; Ronak Vijayvergia Sanjay Kumar Sahoo Sadu chaitanya Reddy Siba Vinith Alibaba.com Introduction Traditional Sourcing Lifecycle Search/ Discovery Evaluate Negotiate Transact Average sourcing cycle: 3.3 – 4.2 months 52% of time spent searching for/identifying appropriate suppliers 20% of time spent on screening/sorting proposals 18% of time spent on RFQ development/ RFQ response 10% of time spent on contract negotiations
Premium Alibaba Group Market Alibaba
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 online payment system in China; and Yahoo China‚ which it acquired in October‚ 2005. Alibaba.com currently has more than 4‚600 employees with an average age of 26. It was
Premium Leadership Psychology Management
Why eBay failed in China The main reason eBay failed in China was because eBay failed to recognize that the Chinese market and the business environment are very different from that of the West. EBay sent a German manager to lead the China operation and brought in a chief technology officer from the United States. Neither one spoke Chinese or understood the local market. It was eBay’s biggest mistake. Second‚ because the top management team didn’t understand the local market‚ they spent a lot of
Premium China Alibaba Group Han Chinese
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:
Premium Alibaba Group Alibaba Jack Ma
you were the CEO of Yahoo! And were presenting an opinion to the board of directors whether or not to release information to the Chinese government regarding a subscriber to Yahoo!’s e-mail‚ what would you say is more important-penetrating the Chinese market or adhering Yahoo’s principles regarding privacy protection? If I were the CEO of Yahoo! I would say that every business is in a society and every society has own rules and systems. Yahoo! had to follow the systems of China to set the business
Premium Human rights United Nations Law
The Analysis of the Impact of Marissa Mayer’s Leadership on Yahoo! Date: June 25‚ 13 Team Members: Manan Patel Tingting Shi Deepak Chintala Kaushal Saxena Motivation Way back in the 1990s‚ Yahoo! was the leading search engine and online media company. However‚ the modern day Yahoo! is not the same strong company. The frequent changes in the top leadership‚ the layoffs and disappointing financial performance‚ made investors and the market worry
Premium Google
Background 2. Business Model 3. Five Forces Analysis 4. The Financial Analysis 5. SWOT Analysis 6. Conclusion 1. Background Alibaba Group(Chinese: 阿里巴巴)has operated in Hangzhou which is a e-commerce and e-auction company and specializing in global trading. It was founded in 1999 by Ma Yun operates total six e-commerce sub-companies. Alibaba Group operate different aspects of trading tomakes it easy for anyone to buy or sell online anywhere in the world. Sub-companies which included:
Premium Alibaba Group Variable cost Costs
Case write-off Alibaba Group Introduction: Jack Ma‚ who has a foreseen‚ started the Alibaba Company after his visit to U.S. He found that China jump into the online commerce market really soon. The company was focused on B2B business and its initial goal is to help small Chinese manufacturers connect with buyers. Alibaba grew quickly and still growing. It launched several wholly owned subsidiaries‚ such as Taobao‚ Alipay‚ Alisoft. Alibaba group is considered to be a huge success among
Premium Corporation Alibaba Group Alibaba