alibaba

  • Buying Yahoo Is A No-Brainer For Alibaba

    Buying Yahoo Is A No-Brainer For Alibaba

    Today at the China 2.0 conference at Stanford, Alibaba Groups’s Jack Ma replied to a pointed question about buying Yahoo with, “We are very interested in Yahoo. Our Alibaba group is important to Yahoo and Yahoo is important to us … All the serious buyers interested in Yahoo have talked to us.” Those “serious buyers” most likely include Alibaba Group investor… Read More

  • Alibaba's Vendio Buys SingleFeed To Help Merchants List Products On Comparison Shopping Sites

    Alibaba's Vendio Buys SingleFeed To Help Merchants List Products On Comparison Shopping Sites

    Alibaba-owned Vendio has acquired SingleFeed, a startup that helps online merchants to submit, manage, and optimize product listings on sites like Google Product Search, PriceGrabber and others. Terms of the deal were not disclosed. SingleFeed takes an online merchant’s products and delivers this data to comparison shopping engines. The virtue of SingleFeed’s service is that it… Read More

  • Alibaba And The Curse Of Chinese Manufacturing

    Alibaba And The Curse Of Chinese Manufacturing

    A fairly unnoticed story percolated through the interwebs this weekend about Alibaba’s CEO and hundreds of employees being implicated in what amounts to a payola scandal. Alibaba is a site that allows you to buy the worst junk imaginable. They represent over 500,000 factories in China. It is a sourcing site full of fake laptops, poorly made clothing, and potentially life-threatening… Read More

  • Is Yahoo Getting Close to Selling Its Lucrative Yahoo Japan Shares?

    Is Yahoo Getting Close to Selling Its Lucrative Yahoo Japan Shares?

    Yahoo’s CFO Tim Morse spoke at a Goldman Sachs Investing conference today and was peppered with questions about Yahoo’s Asian assets, which are the bulk of the value of its stock price right now. On the subject of Alibaba, Morse was very conciliatory, repeatedly praising the job that the management team is doing building the business, emphasizing that Yahoo was just a financial… Read More

  • Jack Ma Flies Thousands of Miles to Palo Alto, Still Doesn't Want to See Carol Bartz

    Jack Ma Flies Thousands of Miles to Palo Alto, Still Doesn't Want to See Carol Bartz

    Burn! According to sources, Alibaba Group’s CEO Jack Ma is in town and he’s not even paying a courtesy call to his estranged partners at Yahoo. Ma was spotted dining with Taobao CEO Jonathan Luk and other Alibaba executives at Fuki Sushi in Palo Alto last night, and a spokesperson for the company confirmed they were in town for meetings. Another source close to the company, who… Read More

  • Bartz Takes the Hint, Stays away from Alibaba's Board…for Now

    Bartz Takes the Hint, Stays away from Alibaba's Board…for Now

    Carol Bartz has been the fashionable Silicon Valley punching bag for much of 2010, and that’s no doubt escalating in private conversations in Sunnyvale today as hundreds of Yahoo employees are told they no longer have a job– just in time for Christmas! But give her credit for one savvy move: Not naming herself to Alibaba’s board as she signaled she would earlier in the year. Read More

  • Bartz: Out of 15,000 Employees Only Three Left. Wait, What?

    Bartz: Out of 15,000 Employees Only Three Left. Wait, What?

    Yahoo CEO Carol Bartz was on Fox Business News today, and she was plenty Bartz-y. When Fox anchor Liz Clamen asked her repeatedly if she was on the way out, she said she was there to stay, adding “Do I look like a wimp?” No. You do not. Even if you think Bartz is running the company into the ground, you have to give her credit for not holing up and hiding the way her predecessor… Read More

  • Jack Ma on Charlie Rose

    The Surprising Religion of Jack Ma

    Jack Ma– CEO of The Alibaba Group and president of the Carol Bartz fan club– was on Charlie Rose this week, and while he didn’t offer any more insight into the Yahoo situation, he said a lot of interesting things. Ma is a force. He’s going at half-normal-speed in this video. I saw him speak at the World Economic Forum last week in Chinese and the translators… Read More

  • The Case for Bartz NOT Getting Fired from Yahoo

    The Case for Bartz NOT Getting Fired from Yahoo

    What the hell? Since my blindingly obvious post yesterday that said the post-2000 crash was worse for tech than this recent one was somehow considered controversial, how about an actual controversial statement to start this morning: Why Yahoo shouldn’t rush to fire Carol Bartz. Yesterday, we wrote about the Twitter dog pile on Bartz, but I doubt the Yahoo board or management… Read More

  • Bartz in a China Shop: Has Yahoo's CEO Wrecked the Valley’s Most Valuable Chinese Relationship?

    Bartz in a China Shop: Has Yahoo's CEO Wrecked the Valley’s Most Valuable Chinese Relationship?

    The Chinese aren’t exactly prone to emotional outbursts in front of Western reporters. In China, if you insult a business partner in the press, there’s likely a calculating reason behind it. Witness the latest volley by Alibaba.com’s CEO David Wei towards Yahoo, which owns 40% of the parent company for his Chinese ecommerce powerhouse. “Why do we need a financial… Read More

  • BizArk Launches Alibaba Rival, Boasts "Tens Of Millions Of Dollars" In Funding

    BizArk Launches Alibaba Rival, Boasts "Tens Of Millions Of Dollars" In Funding

    BizArk, a Chinese e-commerce company specialized in international trading solutions, has now made its debut and announced that it has secured ‘tens of millions of dollars’ in financing from IDG Ventures (up to $40 million according to several reports). The press release announcing the investment is one of the strangest I’ve ever read. Read More

  • Alibaba Buys eBay Auction Software Auctiva

    Alibaba Buys eBay Auction Software Auctiva

    Chinese e-commerce giant Alibaba has just acquired Auctiva, a company that develops eBay auction management software. Terms of the deal were not disclosed. This deal comes off of Alibaba’s recent acquisition of U.S. e-commerce company Vendio. Auctiva provides a variety of listing, marketing and management tools as well as image hosting and storefronts to sell on online marketplaces… Read More

  • 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… 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… 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… 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… 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… 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… 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… Read More