alibaba company report
Post on 08-Aug-2015
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Taobao.com
● China’s largest online shopping destination with China’s most popular mobile commerce app
● 8 million sellers● 500 million registers● Creating 2.7 million jobs by 2011
Alipay
● PayPal-like service● More than 80 million transaction/day● 300 millions users by the end of 2013
History
1998: Founded by Jack Ma2001: Alibaba.com achieved profitability2003: Taobao founded as a C2C e-commerce platform2004: Alipay released2008: Taobao Mall (Tmall.com) released2014: IPO2015: Brought cloud computing service in US
What’s Hot?
Cloud + App
● AliCloudBiggest cloud computing provider in China
● MobileOver half of Alipay transactions in China from mobile device
Secret Sauce
Highly focusing on small merchants and customers
More like software company than a retailer
Create job for government
Story Time - Shopping Festival
● Single’s Day (11/11), Shopping Festival created by Alibaba
● An amalgamation of all of North America’s biggest online retail days into one…
What happened in 24 hours?
● GMV (Gross Merchandise Volume) $1B in less than 20 mins
● 2.85M TXN/min (peak value)● 188M TXN ≈ 16 days * 11.5M
Prediction
● Success in China? Yes
● Success in Global? Very likelycompetitionbut focus on small and medium-sized enterprisesmore opportunities
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