alibaba

  • Is Search Now A Strategic Industry in China?

    Is Search Now A Strategic Industry in China?

    Editor's note: This is a guest post penned by Michael Cole, Managing Director of RightSite.asia, China's largest online marketplace for commercial and industrial real estate. Cole has also successfully launched, grown and profitably exited from media ventures in China. After a modest amount of time observing China's economy it becomes clear that the government likes to arrange organized… Read More

  • Web 2.0 to China: Ok, Let’s Try This Again…

    Web 2.0 to China: Ok, Let’s Try This Again…

    Yesterday, I had lunch with one of the top people in the Chinese Internet scene who said, “We have a saying here, ‘Internet multinationals all fail in China, Google was just the last one to go.’” As sayings go, that’s not especially catchy. But it is devastating. And true even if you count Google's recent actions as a China morally-based forfeit. The stark truth is there are… Read More

  • The Price Of Google In China

    The Price Of Google In China

    The news this past week that Google would cease the censorship of its search results in China, and could well be forced to entirely halt operations in the country as a result, is quite simply one of the most interesting stories to come along in the tech sphere in a long time. The reality is that it's not just a tech story; it spills into the world of international politics and beyond. And it could… Read More

  • Alibaba Turns 10 – Aims To Create 100 Million Jobs, Employ 10 Million People

    Alibaba Turns 10 – Aims To Create 100 Million Jobs, Employ 10 Million People

    Alibaba is best known for its international B2B e-commerce and sourcing market place Alibaba.com, but also operates Taobao - the "eBay of China" and largest C2C Internet retail web site, Alimama - an online advertising exchange and affiliate network - as well as Alipay, China's most popular third-party online payment system modelled after Paypal but offering additional features such as escrow… Read More

  • Yahoo Sells $150 Million Worth Of Alibaba.com Shares As Tensions Lurk

    Yahoo Sells $150 Million Worth Of Alibaba.com Shares As Tensions Lurk

    Yahoo is about to raise approximately $150 million by selling 57.48 million Alibaba.com shares, according to a term sheet obtained by Reuters earlier on Monday. The Internet giant is selling the large chunk of shares at HK$19.80-HK$20.30 each, which represents a 4-6.4% discount to the stock's closing price of HK$21.15 on Monday and the entire 1.14 percent stake Yahoo held in Alibaba.com, which is… Read More

  • Chinese Government May Be Concerned About Microsoft's Takeover of Yahoo

    Chinese Government May Be Concerned About Microsoft's Takeover of Yahoo

    An interesting report from Reuters/ eWeek suggests the Chinese Government may be concerned about Microsoft, a firm that uses “monopolistic tactics” buying Yahoo, which will mean Microsoft will become the biggest shareholder in Alibaba, one of China’s biggest internet firms. According to the report Alibaba “will seek a stronger voice for its management team in… Read More

  • Globally, Baidu Beats Microsoft in Search; Yandex Creeping Up On Ask

    Globally, Baidu Beats Microsoft in Search; Yandex Creeping Up On Ask

    While Google dominates the top slot in search both in the U.S. and worldwide, with a global search market share of 62 percent, there is still a lot of elbowing going on below, especially when you look beyond the U.S. In a comScore ranking of the top-10 global search engines as measured by number of searches during the month of December, 2007, Yahoo comes in at a distant No. 2 with only 13 percent… Read More

  • MFG.com Raises $26 Million From Fidelity Ventures, Goes After Alibaba

    MFG.com Raises $26 Million From Fidelity Ventures, Goes After Alibaba

    Mitch Free has a knack for attracting high-profile investors to his manufacturing marketplace, MFG.com. First, Jeff Bezos convinced Free to back out of a previous agreement to sell the company and personally invested $14 million in September, 2005. Then Bezos put in some more money along with the German Samwer brothers (who founded Alando, Jamba, and invested in Studivz) in a $4 million round in… Read More

  • Alibaba.com Shares Trade At 160%+190%+ Premium In First Days Trading

    Alibaba.com Shares Trade At 160%+190%+ Premium In First Days Trading

    The IPO of Alibaba.com hit the Hong Kong Stock Exchange Tuesday (local time) with a big increase over its initial offering price. Alibaba.com is a spinoff from the Alibaba Group, the company that owns Alipay, Taobao.com and Yahoo China and is 40% owned by Yahoo. Applications for shares in the IPO were 256x the amount of stock available, 858.9 million shares or 17% of the company. The IPO price was… Read More

  • Alibaba Set to Be Second Biggest Internet IPO Ever

    Alibaba Set to Be Second Biggest Internet IPO Ever

    China’s high-flying Internet stocks are about to get a major addition when B2B marketplace Alibaba goes public on November 6. The IPO is on track to raise $1.5 billion for the Chinese Internet company, according to Bloomberg. That would make it the second-biggest Internet IPO ever, after Google’s $1.9 billion offering in 2004. Alibaba, which was founded by Chinese celebpreneur Jack Ma… Read More

 
  • Alibaba.com To Raise $1.3 Billion From IPO

    Alibaba.com To Raise $1.3 Billion From IPO

    Chinese ecommerce company Alibaba.com is looking to raise HK$10.3 billion ($1.3 billion) from its IPO according to documents released to potential investors today. Alibaba.com Ltd. and Alibaba.com Corp. will sell a combined 858.9 million shares (17%) in Alibaba.com at HK$10 to HK$12 apiece, with Yahoo, currently a 40% share holder in the Alibaba Group buying HK$776 million of the IPO shares… Read More

  • Alibaba.com IPO Confirmed

    Alibaba.com IPO Confirmed

    Chinese ecommerce group Alibaba has confirmed preparations for an IPO of Alibaba.com. Alibaba.com shares will be listed on the Hong Kong Stock Exchange in the third quarter and the IPO is expected to raise HK $7.8 billion (US $1 billion). Alibaba has said that they would be using the additional capital to expand their international footprint. The IPO will see the partial spin-off of Alibaba.com… Read More