![]() |
Analysts said Alibaba may acquire Yahoo all assets in AsianComments Off Alibaba had already hired Duberstein Group (an American company), they will negotiate for acquiring Yahoo asset. Analysts thought Alibaba might buy Yahoo all Asian assets. Softbank Corporation who has a 30 percent stake in Alibaba and also is Yahoo’s a partner in Japan becomes a lobby group with Alibaba. September, Alibaba founder Jack Ma had expressed: if opportunity is acceptable, he is interested in the Yahoo. The lobby company in Washington can help Alibaba respond to U.S. political opposition, avoid the internet control and inspection and so on, to let Mr Ma acquire the assets of Yahoo. “Sometime ‘national security’ is just an excuse, the real reason is the commercial purpose. ” Marbridge Consulting, executive director, Mark Natkin point out:” I don’t think that there will be a big problem about Alibaba acquires Yahoo, the users can still share or keep date follow their inclinations. Whether or not concern the company of attribution where the user decisions. ” Sale situation will become clear Alibaba, Softbank and Yahoo have been looking for good means to be able to disentangle the complicated relationship among them. An insider says, early in the autumn, Alibaba had hired Duberstein and the private equity firms to deal with the acquisition about Yahoo. Although these private equity firms had attempted to buy all assets of Yahoo, but the result of discussion, they thought of selling Yahoo off in pieces maybe was a better idea. American assets will be belonged to the purchase group, while Asian assets will be sold to Alibaba and Softbank. An insider says, at present the situation of the acquisition about Yahoo has became clear. Yahoo will plan to sell the Asian assets to Alibaba and Softbank. The part of the value is $17 billion. Alibaba can also buy-back Yahoo had 40% of the group holding shares, getting the ownership Yahoo in Japan. Yahoo has been finding a reasonable way to deal with the business and reform the style, to copy with Google and Facebook. In early December, the media had reported that a few lenders were considering for Alibaba providing $4 billion loans to help the company buy-back Yahoo had 40% of the group holding shares. The background of lobbying companys According to the U.S. congressional record, Alibaba had submitted some documents, preliminarily revealed the company intent to lobby the U.S. government. Kenneth Duberstein is responsible for Duberstein group who was served as a staff of the officials in White House when President Reagan. The company also includes BP, Goldman sachs, Pfizre and so on. In addition, Duberstein says, American law firms like Wachtell, Lipton and Rosen & Katz will serve as the lobbying team of Alibaba and Duberstein. December 23, the United States senate office had received the related records of lobbying team, then it issued to online. But the lobby about the takeover of Yahoo maybe has already started. According to the law of the United States, lobby companies must disclosure of relevant files to the public in 45 days when they were in contact with officials formally. Alibaba’s record says, the matters had already launched on December 1, 2011 formally. |
![]() |
Alibaba Buy Auctiva(0) The Chinese company said it has entered into an agreement to buy Auctiva, which provides listing and marketing tools to vendors on e-commerce websites like eBay. Source : Konaxis |
![]() |
Alibaba.com Eyeing Acquisitions(0) However, Wei declined to give details on acquisition targets for his company, which is the listed unit of Alibaba Group, but said “the priority will be to further boost AliExpress.com.” AliExpress, which Alibaba formally launched in April after a beta period, is a U.S.-focused online wholesale platform in which Alibaba has said it plans to invest $100 million. As part of that investment, Alibaba already announced its first U.S. acquisition in June with plans to buy Vendio Services Inc., which helps merchants sell goods on sites such as Amazon.com Inc. and eBay Inc. Alibaba in April also said it would start accepting payments from users of eBay’s PayPal service on AliExpress. Alibaba plans to enable more payment platforms on AliExpress to ensure payment troubles don’t deter users, Wei said, declining to give details on possible partnerships. The U.S., India and Japan remain Alibaba’s highest-priority overseas markets, but for the next three years Alibaba will focus on investment in those areas before seeking more benefits from them later, Wei said. Source : Konaxis |
![]() |
Alibaba for the first time carry out overseas acquisitions to enter the U.S. market(0) This is the first overseas acquisition carried out since the establishment of Alibaba. Alibaba claimed the acquisition was a substantial deployment into the U.S. market. Located in Silicon Valley, California, Vendio Company has 11 years experiences in online retail services, currently helping more than 80,000 independent online B2C retailers sell products by eBay, Amazon with more than 2 billion U.S. dollars transactions. According to Alibaba disclosure, after Vendio was acquired, it would be integrated into Alibaba “global express sale” in order to help “Made in China” to enter the U.S. consumer market as online express train. Alibaba CEO Wei Zhe commented the docking of platforms would attract more than 80,000 quality buyers and potential purchasing client base. It was said that this acquisition would end in July 2010 and Vendio would keep its brand, business and team. |
![]() |
Alibaba.com Buys U.S. E-Commerce(0) The acquisition will give Alibaba access to more than 80,000 U.S. small merchants that use the Internet to buy products, the Hangzhou, eastern China-based company said in a statement yesterday. Terms of the deal for closely held Vendio weren?t disclosed. Alibaba, backed by billionaire investor George Soros, is challenging U.S. sites eBay Inc. and Amazon.com Inc. for international online buyers and sellers after dominating the e-commerce market in China. Chief Executive Officer David Wei aims to boost overseas revenue to a third of Alibaba?s total, from about 2 percent, he said last year. The transaction is expected to be completed next month, Alibaba said. Mike Effle, chief operating officer of San Mateo, California-based Vendio, will become chief executive officer of the business, while Vendio CEO Rodrigo Sales will be a strategic adviser, Alibaba said. The acquisition is part of a $100 million investment plan announced in April for Alibaba?s AliExpress, the Chinese company said. AliExpress is an e-commerce site targeted at international buyers. Alibaba?s goal is to improve Vendio merchants? profit margin by 30 percent to 50 percent, ?as quickly as possible,? Wei said. Source : Konaxis |
![]() |
Alibaba Vice president complained that Express services cannot keep up the pace of e-commerce(0) After Liang Chunxiao made the above remarks, the hot Taobao logistics strategy was above the surface. June 18, Taobao launched “Logistics Bao” platform, which means its large logistics is above the surface. Gong, director of logistics platform Taobao said logistics would interconnect taobao and logistics, in order to solve the current online stores problems. It is reported that, independent B2C Web site can also use the platform. Data showed that by the end of 2009, courier companies had a collective price increases for Taobao sellers. Since this year, alibaba was frequently involved in the logistics industry: in March it announced purchasing shares of private courier companies – xing chen ji bian; in May, its online wholesale e-commerce platform “global express sell”, and formed the strategic alliance with world’s largest UPS logistics business. Liang Chunxiao said: “among the three big mountains that hinder the development of electronic commerce in China, credit and payment have been solved, but logistics still have not been solved yet, but meet more and more serious challenges.” |
![]() |
Alibaba and Softbank Online Trading Platform(0) The combined C2C online trading platform will have 250 million registered users and 450 million products. It will help Japanese vendors sell their products to Chinese consumers, and Chinese firms will be able to serve Japanese consumers. “It will be a very important opportunity for small and medium businesses in the two countries to expand distribution channels and online trading will continue to be a very strong contributor to the Asian economy,” said Masayoshi Son, president and chairman of the board of Softbank Corp. Vendors who aim to sell on the new platform will go through a screening process and will be subject to Customs regulations in the two countries. Buyers may pay extra fees for logistics if they purchase goods from overseas vendors. The companies will release details in early June. Taobao.com and Yahoo Japan will each launch a new sub-section next month to provide Chinese users with Japanese products and Yahoo Japan’s users will get access to Chinese products on Taobao.com. Softbank is the controlling shareholder of Yahoo Japan and the second-biggest shareholder of Alibaba Group. Source : Konaxis |
![]() |
Alibaba may hand in hand with eBay payment system(0) eBay’s PayPal was negotiating with Alibaba and trying to make its China online payment services join Alibaba’s global express in China. If agreement is reached, U.S. consumers will be able to send money through PayPal into China, Paypal will also begin a new business in China. Alibaba said to the “Daily Economic News” that “do not know about the the cooperation details between two sides.” At the end of last year, Alibaba launched a global express pass (offer one-stop service platform of wholesale prices, secure payment and whole delivery tracking), but the “global express pass” default payment option is alipay platform. Although Alipay is China’s leading online payment platform, it is unknown in the international markets (including the U.S.) Cao Fei, Yi Guan International analyst said in an interview with “Daily Economic News” that including alipay, Alibaba’s international layout is not satisfactory in the current situation. From this point of view, it is possible to have cooperation with overseas payment system. In regard to the cooperation in the rumors, Cao Fei believed it was “mutual need”, and to Alibaba payment platform is not an exlusive or sole access, and the system can be used simultaneously by Alipay and Paypal, and when the penetration of Alipay is more extensive, the Alipay users can also replace the paypal users. “ |
![]() |
Guo Guangchang(0) This time Ma’s ambitions have been of public opinion support from ?Li Ka-shing” (in other words, the wealthiest people) tycoon Guo Guangchang. Yesterday, at the National People’s Congress, Guo Guangchang, the chairman of the Shanghai Fuxing High-Tech (Group) Co., Ltd., interviewed at the two sessions, expressed his support for Ma to set up Internet banking, in order to find a way to solve the financial difficulties of small businesses. He said that in the last year’s financial crisis, foreign companies decreased the size, and the private enterprises are still increasing jobs, therefore, showing the responsibility of the private enterprise towards society. They have to further resolve the employment problem, particularly among SMEs. The government needs to increase support for small businesses. There are more than 70% of employment through small business solution, and small businesses will get more in terms of support if that is the key to solving the employment problem. Guo Guangchang stated that the Government should relax the cultural industries, the financial services industry and other areas of market access and provide financial support for small businesses. He pointed out that the current financial difficulties of small enterprises have been a consensus, major banks for 50 million or less having difficulty to operate on small loans. ?How do I break through this problem?? He considered relying on private enterprise innovation mechanism. Therefore, he expressed support for Ma to set up Internet banking, using Alibaba’s platform, or what that might be called, to resolve viable small business financial methods. At the National People’s Congress, Zhi-Qing Shao, the deputy of the Shanghai’s Economic and Information Committee, also mentioned in the interview that in order to solve the financing problems of SMEs, the bank can give support to the new form of “network platform, above the banks form”. The reference is very good. |
![]() |
Alibaba wholesale net was online with 6.39 million people gathered on the first day(0) According to Alibaba disclosure, homepage wholesale traffic reached 6.39 million, representing a month flow of people of the world’s largest small commodity market- Yiwu Small Commodity City. The former Alibaba China Station (alibaba.com.cn) was integrated to upgrade to the new “1688 platform,” pointing its sword towards the world’s largest online wholesale market. After “1688 platform” was in operation, it covers clothing, commodities, metals, machinery, etc. almost more than 6,000 existing enterprise industries, with more than 500,000 credit-pass high-quality suppliers, containing 150 million piece of commodity information, breaking down ” Shopping on Taobao, wholesale on 1688 “e-commerce front end, to achieve coordination with Taobao, Alipay and other companies in e-commerce industry chain. Alibaba China market senior director- Wu Huating said: “1688 platform targets at the world’s largest online wholesale market, and this platform will help physical plant, the brand owner, and 1 level wholesaler to introduce a large number of buyers, including hundreds of thousands of Taobao shop owners, millions of offline cities shop owners, more of the existing wholesale buyers, to provide a range of trading tools and services.? Alibaba CEO Wei Zhe, said, “The most worth mentioning is that the 1688 platform will be jointly with authoritative organizations to re-build the Internet integrity and security system, any trade disputes on the 1688 platform can be effectively resolved.” |
Contacts and information
|
Social networks |
Most popular categories |