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, making it the fifth-most-valuable Internet company and the largest in Asia outside Japan. Small and medium-sized enterprises (SME) have been a key driving force in the booming Chinese economy. In 2004, SMEs contributed 68.8 percent to the
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Alibaba.com also planned to continue organizing regular meetings, training, and offline events for registered users and paying members to further build the sense of community services.
Third, that the company would strive not only to convert more users into paying members but also to generate more revenue from existing paying members through sales of value-added services, such as additional keyword listings and premium listings placements.
Fourth, the company had already taken the first step by offering Gold Supplier membership packages to Hong Kong suppliers in 2007. Alibaba.com was already in talks with Japanese telecommunications giant Softbank about a joint venture to tap the Japanese market, for which significant upgrades to Alibaba.com’s Japanese languages Websites were already in the pipeline.
Fifth, that loyalty of the users by providing business application through the marketplace platform and becoming an integrated part of users’ business operations. For example, it launched an internet based business management application called Alisoft Export Edition, developed by sister company Alisoft, for users based in China.
Lastly, the underlying objectives would be expand its users and revenue base, widen geographic coverage, enhance content and service offerings, advance its technology, and strengthen its talent pool. Alibaba.com also considered leveraging its
Apple Inc. started off as a small computer company and rose to prominence over the following years. They faced great challenges and obstacles to evolve and become one of the top notch corporations today. Having a great CEO, Steve Jobs, is credited for the success of Apple. Under the leadership of Steve Jobs, Apple was able to innovate industry changing technology.
1) Evaluate HTC’s performance as described in the case. What are its competitive assets and liabilities?
The second opportunity comes in the form of technological advancements, more specifically, e-visits. Due to the use of e-visits a competitor has been showing an increase in market shares. Utilizing all technologies available can potentially increase the customer base, and market sharing, by providing more options for the
The reason behind Alibaba’s success is its ability to tap into markets that its competitors struggle with by providing special services that target strategic needs of the Chinese population and its potential trading partners. Alibaba’s services are specifically catered to small to medium sized businesses(Liquori, 2009), by being an easily accessible advertising platform that is also cheap to set up. These small businesses can be discovered by other companies who search Alibaba for specific products rather than by brands. Furthermore, the escrow services offered by Alibaba in which its competitors are unable to provide, differentiates itself from the rest in
One day I was in San Francisco in a coffee shop, and I was thinking Alibaba is a good name. And then a waitress came, and I said, "Do you know about Alibaba?" And she said yes. I said, "What do you know about ?", and she said, "Open Sesame". And I said, "Yes, this is the name!" Then I went onto the street and found 30 people and asked them, "Do you know Alibaba?" People from India, people from Germany, people from Tokyo and China … they all knew about Alibaba. Alibaba – open sesame. Alibaba is a kind, smart business person, and he helped the village. So … easy to spell, and globally known. Alibaba opens sesame for small- to medium-sized companies. We also registered the name "Alimama", in case someone
The fourth phase is around year 2005 to 2007 where Alibaba has taken over Yahoo China and creates www.Yahoo.com.cn which allows them to spread their fame and promote their service more effectively. (Yazdanifard, 2014)
1. Outline the order of repayment of the company's debts and the effects (if any) of the charges outlined above.
Over the past decade, Tesla Motors Inc., has revolutionized the auto industry from its direct to consumer selling techniques to its unmatched renewable energy powered vehicles. Traditional competitors such as Ford, Toyota, GM, BMW, and many others have been rolling out alternative powered models of their own in an attempt to acquire a piece of this market share. As climate conditions become increasingly more volatile, and the push to reduce greenhouse gases intensifies, we anticipate that the government will increase its support for more sustainable and environmental friendly transportation options, presenting an enormous opportunity in the electric vehicle business environment, the companies that are best position for this will reap the
Internet success has also been a shortfall for the company. Late implementation gave an opportunity for other companies to take possession of a large share of this important market. This was a
When it comes to business, especially when it comes to starting one, I tend to think I know it all. Yet in reality, I don't really even know how to get started, enough to make a business efficient, or even get the doors open enough to make the first dollar. When I first think of working/operating a business, I think of no boss but myself, the rules are made by me and no one else, and that seems like a great plan in my eyes. As well as having all company profit coming directly to me, and I get to decide what happens with it. Although I know there is more to it than that, there is forming a budget, working with customers, knowing when to expand, and when to coast through. I also know that in the world of business, that if you
Zie Retails, a retail company established in Australia since 2000, has experienced the difficulty due to economic crisis. In 2012, some retail stores across Tasmania and West Australia have been closed down in the meanwhile some locations across New South Wales, Victoria, and South Australia has been merged. Therefore, the numbers of store staff and customer service staff have been decreased. Moreover, their service price and fee have been increased because of facing with high costs. The dissatisfaction of their clients has been increasing in the past few years due to missing the customers’ phone calls which is affected by less staff. The management’s achievements are reducing costs and improving the customer satisfaction with acceptable investment. According to the service level set up by the customer service centre’s manager, increasing 10 percent of clients’ satisfaction requires more than a 20 percent increase in employees. After analysing data carefully, the break points of their clients’ true sensitivity to service level changes (x and y) have been found. The area between these breakpoints is the waiting time for the phone call despondence with the acceptable number of satisfied customers. The finding found that answering the phone less than x seconds builds up delight of clients while leaving a client holding the call longer than y seconds increases dissatisfaction. The company has taken consideration between these two breakpoints and the
AvalonBay Communities, Inc. is an equity Real Estate Investment Trust (REIT) a trusted name in multifamily housing that focuses on the development, redevelopment, acquisition, ownership and operation of multifamily communities. It is one of the largest developers of multifamily rental apartment communities in the high barrier-to-entry markets of the United States. Among the products and services, it offers include property development and redevelopment, property investment, and asset management. AvalonBay owns or holds an interest in approximately 285 operating apartment communities containing over 86,696 apartment homes in 10 states and the District of Columbia. AvalonBay operates through three business segments; established communities, other stabilized communities, and development/redevelopment communities.
The case introduces two companies with generally different cultures. Symerlane was a large U.S. financial-services company that was running a merger and acquisition strategy. It continued growing by acquiring small companies with bad administration and take over its businesses. Integration after an acquisition usually meant to Symerlane, firing the old management and closing any old back-office, shifting the work to its own facilities. This normally caused the cut of several jobs.
Introduction: Alibaba Group Holding Limited is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-businesssales services via web portals. It provides electronic payment services, a shopping search engine and cloud computing services. Jack Ma founded Alibaba.com in 1999, a business-to-business portal to connect Chinese manufacturers with overseas buyers. In 2012, two of Alibaba’s portals handled 170 billion in sales. The company primarily operates in the People’s Republic of China (PRC), and at closing time, on the date of its initial public offering (IPO), 19 September 2014, Alibaba 's market value was measured as US$231 billion. However, the stock has traded down and market cap was $145 billion at the end of September 2015.
Alibaba first commercial venture is Alibaba.com, an online platform that linked SME of Chinese and international manufacturers and buyers. The main reason of Alibaba success development was improving customers’ satisfaction by listening closely to them. The proof is Alibaba had attracted 32m members in 2007, with operating profits and revenues of $105.3m and of $289.5m respectively. Customers satisfaction and trust are believed to be the secret recipe of Alibaba’s success.