com Website-http://www.alibaba.com/ E-model-b2b and b2c Alibaba.com is an online business-to-business trading platform for small businesses. The company was founded by Jack Ma and 17 other people in 1999‚ and now day is the flagship company of Alibaba Group. It claims it had more than 79 million registered users in more than 240 countries and regions as of March 31‚ 2012. Alibaba.com has three major business-to-business (B2B) marketplaces. The company’s English language international marketplace
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HARVARD BUSINESS CASE: ALIBABA’S TAOBAO (A) GROUP 2 – GMBA Question 1: What are the major differences in the web designs of Taobao and eBay in China? Which is preferred to on-line buyers and sellers in China? Why? Taobao sought to distinguish itself from eBay in numerous ways. So Taobao’s web designs were imbued with a strong local culture that reflected a deep understanding of Chinese consumers and an attitude of informality. First of all‚ the website was designed like a Chinese department store
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As a result‚ a majority of the population prefers using Paytm. Being the e-commerce leader‚ Paytm received higher revenues along with various investments; some of the investors being Ratan Tata and Alibaba group. Demonetization was the straw that broke the camel’s back and forced people into using e-wallets‚ which had hardly any traction before this event. Even though such a step was taken for taking notice of illegal activities‚ tax evasion‚ etc‚
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business legend which surprised the world. The largest online shopping event of the year – the 24-hour Singles Day sale kicked off from midnight (Beijing time) on 11th‚ November. Just one hour into the Singles Day sale‚ Jack Ma’s E-commerce company - Alibaba had already sold $2 billion worth of merchandise. At the end of the sales event‚ the final revenue reached $9 billion which exceeded the expectation and broke a sales record for one-day period. The amount even exceeds the combined online revenue of
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Alibaba’s development Development process Process and B2B2C mode Mode analysis of Alibaba 2.2.1 The Development of Alibaba Alibaba aAs a model of global B2B e-commerce model‚ from the launch site for the first time since it was founded at the end of 1998 to till right now‚ it Alibaba has has possessed more than 15 years of’ history. After four years of the establishment of the website‚ which is the end of 2002‚ . Alibaba get got its the first profit for the first time with‚ over six million yuanYuan
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Case: Alibaba Competing in China and Beyond Electric commerce (e-commerce) is the buying and selling of products or services over an electronic medium like the internet. The advantages of e-commerce are speedy transactions‚ less travel‚ low operational costs‚ ability to reach a large customer base‚ and round the clock buying and selling. Some of the disadvantages of e-commerce are the minimum amounts of customer to company interactions which leads to trust issues‚ e-commerce is prone to fraud and
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means whether it is aligned with performance and the power of shareholders in setting it and how well it is being disclosed. Talking about the corporate governance structure of Alibaba Group Holdings Limited‚ it could be first looking into the Board of Directors’ and its special “Partnership System” of Alibaba Group. Alibaba was founded in 1999 by Former English Teacher‚ Jack Ma‚ and his associates and it is nowadays the world’s largest E-Commerce Company. According to the Wall Street Journal‚ the
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analyze the factors that led to Alibaba sustaining its leadership position in the Chinese e-commerce market. Answer First mover advantage: Alibaba started its operations when e-commerce in China was in its infancy stage. Considering the potential of the budding e-commerce market‚ Alibaba started with operations that concentrated on providing B2B services to SMEs that were aspiring to go global. Smart competitive and marketing strategies: From an early stage‚ Alibaba had been focusing on differentiating
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Jack Ma (Alibaba) Zainab Raed Bazroon ID: 2140003961 Section 39 Who is Jack Ma? Jack Ma is an outstanding and great leader who redefines the way of success. Jack Ma led e-commerce in China. As the Executive Chairman and founder of Alibaba Group‚ China’s leading Internet business entity‚ he has been classified as one of the top Chinese entrepreneurs‚ who reached the desired Forbes list in recent years. How he gets started? When he was 12 years old‚ he got interested in learning English. He was
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enterprises also growing up and want to share this big cake. Taobao (www.taobao.com)‚ a Chinese-based company which is a leading platform for C2C personal transactions‚ was founded in 2003 by the 450 million investment from world’s best B2B company——Alibaba. Taobao is a typical example of China E-business style. Taobao paid a lot of efforts in order to China and Asia’s market dominance‚ during a lot of difficulties and challenges especially in the competition with E-bay. But some problems still exist
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