Best Italia Economy Portal: The tale of Mr Alibaba school teacher at King of E-commerce

The tale of Mr Alibaba school teacher at King of E-commerce – La Stampa

The tale of Mr Alibaba school teacher at King of E-commerce

Jack Ma, the Chinese super rich lands today on Wall Street

REUTERS

The interior of the office of Alibaba

19/09/2014

hong kong

Alibaba’s Jack Ma, with the its orange and white logo with the sprite just emerged from Lanternina, is about to become the most famous of the ancient fable on the poor woodcutter became rich thanks to sly and cunning and lack of hesitation in killing his rivals, “thieves” or not. For Wall Street, as of now, no doubt about the enormous potential of this platform that exceeds eBay and Amazon, with 300 million customers, promising once again access to the largest market in the world, whose mirage the cradle of western dreams since the late 1700s

In fact, even better: with the sale of 12% stake in Alibaba, you should not even take the risk of trying to sell to the Chinese. By investing in company created in 1999 in a studio in this ex-school teacher now 49, you can have a percentage of everything they sell to the Chinese. The risks, in truth, abound and are inseparable from how it works Alibaba. For now, the dull work under the supervision of the Chinese Communist Party’s favored him. And the Party itself, again for now, he is happy to see But described as the union – in a single genius of E-commerce – Steve Jobs, Jeff Bezos, Mark Zuckerberg and quant’altri.

Alibaba is many things in one: a platform for e-commerce, but also a kind of Paypal, since its Alipay began accepting electronic payments to third parties, and virtual broker , since that is expanding in financial services online. Alone, Alibaba sees four-fifths of all Chinese Internet commerce, particularly through Taobao.com, a “supermarket online” with 7 million private sellers. He wants to expand in America and Europe, but even now the estimated sales for the current year is 420 billion dollars, against 90 billion eBay and Amazon together in 2013

A giant Therefore, though managed by a complex hierarchical structure that remains inscrutable. Why Hong Kong refused to quotarla his bag: the practice of Alibaba to appoint the Steering Committee in a closed way by a small internal group is contrary to the rules of transparency. After all, does not occur even as Chinese company: to go public on Wall Street is an entity based in the Cayman, which has contractual rights to the profits of Alibaba China. 12% of the shares does not give any control of the company who buys them: the rudder remains at 28 other people, all Chinese.

Case unprecedented for a maxi-listing. The vice-president is Joseph Tsai, a Taiwanese national in Hong Kong, which has helped But in 1999, while the largest shareholder is the Japanese Masayoshi Son, the giant SoftBank (mobile telephony). And then there are several Chinese state-owned companies.

What then of the promises of Alibaba internal cleansing to eliminate the proliferation of false platform? Only last night, a few hours from the listing, you could buy Guchi bags, T-shirts A * hands, and improbable USB cables brand Prada – not to mention the false-false, that piratano the names of luxury. Thus began the era of international Alibaba.

Printing with you wherever and whenever you want.

Scotland, no wins to 55.4%. Turnout record 84%

AFP

19/09/2014

Datagate, carried out by Apple and Android,

AFP

19/09/2014

The father of Matteo Renzi is under investigation in Genoa. The charge is fraudulent bankruptcy

ANSA

18/09/2014

Foiled attack in Sydney Isis: 15 arrests.

REUTERS

18/09/2014

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