Alibaba tops Amazon as biggest e-commerce company | Xinhua

[qwerrty]

Alibaba is big because Chinese government never allowed good competition. Amazon, Google, Facebook etc.. are shunned by the government making it hard for International companies to access to Chinese market. China is continent sized fast growing country with 1.35 billion people making it easy for major Chinese companies to grow relatively easy. The challenging part for these Chinese companies companies starts now, with saturated domestic markets, they have to look elsewhere for growth, and people across the world have little idea on companies like Alibaba..

that's a lie. amazon was never blocked in china. they just came late to the market. ebay, too. they had the biggest share in china before alibaba destroyed 'em by offering free listing fees to all sellers. when ebay tried to do that too. it was too late already.

 

[ito]

that's a lie. amazon was never blocked in china. they just came late to the market. ebay, too. they had the biggest share in china before alibaba destroyed 'em by offering free listing fees to all sellers. when ebay tried to that too. it was too late already.

It is not correct. While I was in China for four months, majority of these sites were not working or were too late to respond. Chinese government was always paranoid about US internet majors collecting Chinese peoples data or for spying. International companies were not treated properly and systematically shunned, and now majority of these companies are not looking at China anymore.

 

[jhungary]

Alibaba is big because Chinese government never allowed good competition. Amazon, Google, Facebook etc.. are shunned by the government making it hard for International companies to access to Chinese market. China is continent sized fast growing country with 1.35 billion people making it easy for major Chinese companies to grow relatively easy. The challenging part for these Chinese companies companies starts now, with saturated domestic markets, they have to look elsewhere for growth, and people across the world have little idea on companies like Alibaba..

Alibaba have minimal market share in term of E-Commerce world wide, the money Alibaba made is mostly internal investment. But one thing I will have to admit, money is money, just because it mostly come from Chinese money, it does not mean they are not rich. The problem is how Chinese company like this would have made it overseas, I don't ever see this happen unless China herself open her market freely toward the other company, otherwise I would have imagine the rest of world would have impose at least on par restriction as China impose on MNC in China.

However well or bridge the future of Alibaba is, they are limited on China and South East Asia, unless things changes in China, I don't see how competitive these Chinese company can get in the outside world.

 

[qwerrty]

It is not correct. While I was in China for four months, majority of these sites were not working or were too late to respond. Chinese government was always paranoid about US internet majors collecting Chinese peoples data or for spying. International companies were not treated properly and systematically shunned, and now majority of these companies are not looking at China anymore.

that's because they have given up. they have zero market there. amazon now selling their sh1ts on alibaba and jd. lol

 

[jhungary]

that's a lie. amazon was never blocked in china. they just came late to the market. ebay, too. they had the biggest share in china before alibaba destroyed 'em by offering free listing fees to all sellers. when ebay tried to do that too. it was too late already.

Actually, Ebay was in China before Alibaba was even a name to any of us, Ebay signed an exclusive deal with Sina (Back then was a very popular service in China) in 2004 when Alibaba is still a start up company, Taobao, (Alibaba backed online platform just started in 2003)

Problem is China crack down on E-bay and actually most Foreign own Enterprises in mid 2000s and either charge an extreme amount of tax or even denied market to foreign own company and basically force Ebay out of China.

The Chinese government basically beat Sina off as well, even tho Sina is a Chinese Company and today, people probably never even heard of Sina.

 

[ito]

Alibaba have minimal market share in term of E-Commerce world wide, the money Alibaba made is mostly internal investment. But one thing I will have to admit, money is money, just because it mostly come from Chinese money, it does not mean they are not rich. The problem is how Chinese company like this would have made it overseas, I don't ever see this happen unless China herself open her market freely toward the other company, otherwise I would have imagine the rest of world would have impose at least on par restriction as China impose on MNC in China.

However well or bridge the future of Alibaba is, they are limited on China and South East Asia, unless things changes in China, I don't see how competitive these Chinese company can get in the outside world.

Certain Chinese companies can actually emulate their success in China elsewhere, ex: Xiaomi is doing quite well in India, but for companies like Alibaba that operate on sensitive data, it is not easy to breach markets outside China. Chinese companies are viewed across the world as an extension of Chinese government Ex: Alibaba tried a lot in India, but Indian government never allowed it function properly. Now Alibaba has no major plans for India.

that's because they have given up. they have zero market there. amazon now selling their sh1ts on alibaba and jd. lol

For corporate, when the government is on the other side, there is little you can do but give up.

 

[qwerrty]

Actually, Ebay was in China before Alibaba was even a name to any of us, Ebay signed an exclusive deal with Sina (Back then was a very popular service in China) in 2004 when Alibaba is still a start up company, Taobao, (Alibaba backed online platform just started in 2003)

Problem is China crack down on E-bay and actually most Foreign own Enterprises in mid 2000s and either charge an extreme amount of tax or even denied market to foreign own company and basically force Ebay out of China.

The Chinese government basically beat Sina off as well, even tho Sina is a Chinese Company and today, people probably never even heard of Sina.

yes, and alibaba killed em with free listing fees and all ebay's sellers jumped to alibaba, not goverment. watch 'crocodile in yangtze river' documentary. the chinese government made life hard for alibaba too, but they didn't give up. lol

For corporate, when the government is on the other side, there is little you can do but give up.

it's 2017. no one can touch alibaba in china, just like google and fb. they are just too dominant. stop making excuses. lol.

 

[TaiShang]

that's because they have given up. they have zero market there. amazon now selling their sh1ts on alibaba and jd. lol

Alibaba Doubles Research Spending to $15B
By Daniel Liberto | October 11, 2017 — 6:02 AM EDT
Alibaba Group Holding Ltd. (BABA
Alibaba Grp Shs
) plans to more than double its research and development (R&D) outlay to $15 billion over the next three years in a bid to keep pace with technological change and aggressively spending peers.

Speaking at the the Computing Conference 2017 in Hangzhou, China, the ecommerce giant confirmed that it will use these funds to set up seven research labs and hire 100 scientists across the world. Alibaba’s new global research program will focus its attention on developing artificial intelligence, the Internet of Things and quantum computing solutions. Specific fields of interest include machine learning, visual computing and network security.

Called the Alibaba DAMO (Discovery, Adventure, Momentum, Outlook) Academy, the program is expected to help the company stay on top of next-generation technologies. Against a backdrop of potentially industry-changing advancements, Alibaba is keen to ensure that it doesn’t fall behind rivals Tencent Holdings Ltd.
and big spender Amazon.com Inc.

To achieve this goal, Alibaba will hire top talent, set up labs in China, the U.S., Russia, Israel and Singapore, fund collaborations with universities and invite professors from prestigious institutions such as Princeton and Harvard to sit on its advisory board.

“The Alibaba DAMO Academy will be at the forefront of developing next-generation technology that will spur the growth of Alibaba and our partners,” Jeff Zhang, Alibaba’s chief technology officer, said at the annual computing conference. “We aim to discover breakthrough technologies that will enable greater efficiency, network security and ecosystem synergy for end-users and businesses everywhere.”

Jack Ma, Alibaba’s executive chairman, said he was initially hesitant about green-lighting the project, which was first proposed to him by his colleagues a decade ago. He eventually changed his mind two weeks ago, claiming that Alibaba is now in a strong enough position to fund the ambitious program. (See also: Alibaba’s Ma, Tsai to Unload Shares: Will it Hurt?)


Alibaba’s investment in its DAMO Academy represents a significant shift from its previous conservative spending patterns. According to Bloomberg, the company spent just $6.4 billion over the past three fiscal years on R&D. Amazon, on the other hand, invested $16.1 billion in R&D last year.

(See also: Alibaba May See Unprecedented Growth: Wells Fargo.)

 

[qwerrty]

Alibaba Doubles Research Spending to $15B
By Daniel Liberto | October 11, 2017 — 6:02 AM EDT
Alibaba Group Holding Ltd. (BABA
Alibaba Grp Shs
) plans to more than double its research and development (R&D) outlay to $15 billion over the next three years in a bid to keep pace with technological change and aggressively spending peers.

Speaking at the the Computing Conference 2017 in Hangzhou, China, the ecommerce giant confirmed that it will use these funds to set up seven research labs and hire 100 scientists across the world. Alibaba’s new global research program will focus its attention on developing artificial intelligence, the Internet of Things and quantum computing solutions. Specific fields of interest include machine learning, visual computing and network security.

Called the Alibaba DAMO (Discovery, Adventure, Momentum, Outlook) Academy, the program is expected to help the company stay on top of next-generation technologies. Against a backdrop of potentially industry-changing advancements, Alibaba is keen to ensure that it doesn’t fall behind rivals Tencent Holdings Ltd.
and big spender Amazon.com Inc.

To achieve this goal, Alibaba will hire top talent, set up labs in China, the U.S., Russia, Israel and Singapore, fund collaborations with universities and invite professors from prestigious institutions such as Princeton and Harvard to sit on its advisory board.

“The Alibaba DAMO Academy will be at the forefront of developing next-generation technology that will spur the growth of Alibaba and our partners,” Jeff Zhang, Alibaba’s chief technology officer, said at the annual computing conference. “We aim to discover breakthrough technologies that will enable greater efficiency, network security and ecosystem synergy for end-users and businesses everywhere.”

Jack Ma, Alibaba’s executive chairman, said he was initially hesitant about green-lighting the project, which was first proposed to him by his colleagues a decade ago. He eventually changed his mind two weeks ago, claiming that Alibaba is now in a strong enough position to fund the ambitious program. (See also: Alibaba’s Ma, Tsai to Unload Shares: Will it Hurt?)


Alibaba’s investment in its DAMO Academy represents a significant shift from its previous conservative spending patterns. According to Bloomberg, the company spent just $6.4 billion over the past three fiscal years on R&D. Amazon, on the other hand, invested $16.1 billion in R&D last year.

(See also: Alibaba May See Unprecedented Growth: Wells Fargo.)

amazon's big excuse to why they are losing money is because they reinvesting. the thing is alibaba is doing the same or more and they are profitable. lol. i wonder how long their investors gonna buy this sh1t excuse? amazon is 20 years old, not startup. they need to show them money to match that ridiculous valuation lol

 

[jhungary]

yes, and alibaba killed em with free listing fees and all ebay's sellers jumped to alibaba, not goverment. watch 'crocodile in yangtze river' documentary. the chinese government made life hard for alibaba too, but they didn't give up. lol

lol. How do you explain 100% import tax and 27% service tax as well as Foreign National Tax on the Chinese government? E-bay have free listing too and listing fee is not at all that much (it's between a few cents to a few dollars)

Do you really think people migrate to Alibaba from E-bay because of 50 cents listing fee per item??

Ebay Chief of operation in China once describe the Chinese Trading environment is nothing but hostile. There is a reason why the rest of the world knows and uses E-bay and not Alibaba (if you talk about Alibaba here in Australia, people will think about a Kebab store - Alibaba http://www.alibaba.com.au/) If you even care to know why it's like that.

 

[TaiShang]

amazon's big excuse to why they are losing money is because they reinvesting. the thing is alibaba is doing the same or more and they are profitable. lol. i wonder how long their investors gonna buy this sh1t excuse? amazon is 20 years old, not startup. they need to show them money to match that ridiculous valuation lol

Amazon is already acting like a company for dinosaurs. Naturally, people (especially younger) will be drawn away from it. Besides, Alibaba is a much more diversified company.

https://www.forbes.com/sites/panosmourdoukoutas/2017/08/22/alibaba-beats-amazon/#431c3d503f97

Chinese online and mobile commerce company Alibaba Group beats U.S. online retailer Amazon in the last twelve months.

On Wall Street that is.

Alibaba shares have gained 75.18% in the past twelve months compared to 26.20% of Amazon.

 

[qwerrty]

lol. How do you explain 100% import tax and 27% service tax as well as Foreign National Tax on the Chinese government? E-bay have free listing too and listing fee is not at all that much (it's between a few cents to a few dollars)

Do you really think people migrate to Alibaba from E-bay because of 50 cents listing fee per item??

Ebay Chief of operation in China once describe the Chinese Trading environment is nothing but hostile. There is a reason why the rest of the world knows and uses E-bay and not Alibaba (if you talk about Alibaba here in Australia, people will think about a Kebab store - Alibaba http://www.alibaba.com.au/) If you even care to know why it's like that.

i'm pretty sure you made that sh1t tax up. 50 cents in the 90s is a lot in china lol

 

[AndrewJin]

Amazon is already acting like a company for dinosaurs. Naturally, people (especially younger) will be drawn away from it. Besides, Alibaba is a much more diversified company.

https://www.forbes.com/sites/panosmourdoukoutas/2017/08/22/alibaba-beats-amazon/#431c3d503f97

Chinese online and mobile commerce company Alibaba Group beats U.S. online retailer Amazon in the last twelve months.

On Wall Street that is.

Alibaba shares have gained 75.18% in the past twelve months compared to 26.20% of Amazon.

Amazon is just an old dinosaur providing little new ideas.
It's for big businesses and finance manipulators, creating little jobs in Merica regime.
Alibaba on the other hand, is shaping the world's e-commerce, leaving Merica regime in the mud.
And it is also creating millions of small businesses and providing millions of jobs.

I can definitely feel for Trump supporters who feel disappointed about their old collapsing regime.

 

[jhungary]

Certain Chinese companies can actually emulate their success in China elsewhere, ex: Xiaomi is doing quite well in India, but for companies like Alibaba that operate on sensitive data, it is not easy to breach markets outside China. Chinese companies are viewed across the world as an extension of Chinese government Ex: Alibaba tried a lot in India, but Indian government never allowed it function properly. Now Alibaba has no major plans for India.

Some would say Ebay failed in China because they don't know how Chinese market works (Most importantly how to grease the top brass), but same thing can be said on Alibaba or any Chinese company trying to get a share of a pie in the rest of the world.

Problem for Chinese company is they are too geared to Chinese own market, which, doesn't matter how big it was, is still an internal market, yes, money can be made and it could potentially be a lot of it, but then again the world have 5 times the population of China and US alone have the whole country spending power larger than China even tho it's only 1/4 to 1/5 of its population. The World market is the make or break for a company, and right now, at this moment, judging from the Chinese corporation, they seems to lacking the way to penetrate in world market.

And that will still be like that until China open up their own market.

 

[Zen0]

Dafuk is alibaba? Thought it was a middle east oil company