Showing posts with label tmall. Show all posts
Showing posts with label tmall. Show all posts

2018-03-09

Chinese New Year, Red Envelopes, Tencent & WeChat (infographics)

Infographic: Chinese New Year Will See Billions Of Digital Cash Gifts | Statista
source: Statista.com Feb 15, 2018

Over a billion people celebrated the Chinese New Year. Many prepared for the celebrations for days and a key aspect of the holiday involved people cleaning their homes, a tradition called "sweeping the dust" which symbolized the removal of misfortune and the welcoming of something new. When all of the cleaning was completed, homes were decorated with posters and red lanterns before revellers enjoyed spectacular fireworks and firecrackers. Technology played an increasingly important role in the world's biggest party with red envelopes or hóngbāo central to the festivities.

In China and other Southeast Asian societies, a red envelope is a monetary gift exchanged during holidays or special occasions. Over the past couple of the years, the tradition has gone digital with Tencent (domain: tencent.com) and Alibaba (domains: alibaba.com and alibabagroup.com) both offering virtual red envelopes. The digital version has caught on and last year, the number exchanged on Tencent's WeChat (domain: wechat.com) app was an impressive 46.6 billion = 33 envelopes full of cash for every person in China. That's a huge increase on 2016 when the red envelope count came to 8 billion.

Infographic: How China's Social Media Giant Compares to Facebook | Statista Statista.com
Infographic: China's Parallel Online Universe | Statista Statista.com
Infographic: Tencent Joins U.S. Tech Quintet in $500 Billion Club | Statista Statista.com

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2017-12-25

China's Tencent & JD.com Invest $863 Million in Online Retailer Vipshop

Vipshop (vip.com)
Vipshop (domain: vip.com) is a Chinese company that operates the e-commerce website VIP.com (formerly Vipshop.com) specializing in online discount sales. Vipshop is based out of Guangzhou, Guangdong, China, and was listed on New York Stock Exchange (NYSE: VIPS) on March 23rd, 2012. As of 2017, Vipshop had 52.1 million customers. Vip.com is now the third largest e-commerce site in China, following Tmall.com (Alibaba Group) and JD.com, according to Wikipedia.org.
  • Founded: December 2008
  • Headquarters: China
  • Area served: China
  • Subsidiaries: Vipshop International Holdings Limited, Lefeng.com, more
  • Founders: Eric Ya Shen, Arthur Xiaobo Hong
Recent news: China's Tencent, JD.com invest $863 million in online retailer Vipshop | reuters.com

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2017-01-10

Alibaba's Jack Ma Meets With Trump, Discuss 1 Million New US Jobs

President-elect Donald Trump said he had a "great meeting" with Alibaba executive chairman Jack Ma on Monday, when they discussed 1 million new U.S. jobs. Ma said that Alibaba's expansion would focus on products like garments, wine and fruits, especially in the Midwest. "We're focused on small business," Ma told reporters. "We specifically talked about ... supporting 1 million small businesses, especially in the Midwest of America. Small businesses on the platform selling products — agriculture products and America services — to China and Asia, because we're pretty big in Asia."- more on cnbc.com.

Principal domains: alibaba.com | alibabagroup.com

U.S. brands selling on Alibaba's Tmall.com and TmallGlobal
How a Washington State apple farmer exports to China's consumers with help from Alibaba

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2016-05-05

Alibaba Group $BABA Q1 & FY2016 Results, Webcast Replay

Alibaba Group 1-year Chart; $BABA DOWN almost 5% over the past year (source: google.com)
Alibaba Group’s Earnings Conference Call for March Quarter 2016 and Full Fiscal Year 2016
Thursday, May 05, 2016, 7:30 am ET (US) via Webcast and Conference Call.  Details of the conference call are as follows:

International: +65 6713 5090
U.S.: +1 845 675 0437
U.K.: +44 203 621 4779
Hong Kong: +852 3018 6771
Conference ID: 90923926

March Quarter 2016 and Full Fiscal Year 2016 Results: "Alibaba has an incredible track record of making long-term bets successful. Here, a bit of historical perspective is important. Take Taobao Marketplace as an example. We started Taobao in 2003 when online shopping in China was virtually nonexistent. For five years, we didn't generate any revenues. Instead, we focused on acquiring users and building an e-commerce ecosystem. Taobao didn't produce meaningful profits until 2010. That is seven years after its founding. History teaches us that it pays to be patient. We are used to investing in long-term initiatives with long-term gestation periods. New initiatives typically take five years to seven years to grow into substantial profitability, and this growth usually takes on a step-function trajectory rather than in a straight line. The ability to remain patient is a competitive advantage. Going forward, we're prepared to continue investing in high-potential businesses that are highly strategic to Alibaba."--Chung Tsai, Alibaba Group Executive Vice Chairman, source: Q1 2016 earnings webcast, transcript links below (emphasis added)
Above: Excerpt from $BABA Q1 2016 Press Release
Above: Excerpt from $BABA Q1 2016 Presentation (link above) 
Above: Excerpt from $BABA Q1 2016 Presentation p. 23 (link above)
Principal domain names: alibaba.com and alibabagroup.com
Stock Exchange & symbol: NYSE:BABA
Investor relations: alibabagroup.com/en/ir/home

Note that famed shortseller, Jim Chanos, has "real questions"about financial metrics and cash flow for Alibaba, the Chinese e-commerce giant. He suspects Alibaba is unprofitable, telling CNBC "We just don't see how profitable or unprofitable that business is," but he did not disclose to CNBC how large his position is.



"Alibaba Group's mission is to make it easy to do business anywhere. The company is the largest online and mobile commerce company in the world in terms of gross merchandise volume. Founded in 1999, the company provides the fundamental technology infrastructure and marketing reach to help businesses leverage the power of the Internet to establish an online presence and conduct commerce with hundreds of millions of consumers and other businesses." (source: Alibaba Group)

Alibaba Group's major businesses include:
Taobao Marketplace (www.taobao.com), China's largest online shopping destination
Tmall.com (www.tmall.com), China's largest third-party platform for brands and retailers
Juhuasuan (www.juhuasuan.com), China's most popular online group buying marketplace
Alitrip (www.alitrip.com), a leading online travel service platform
AliExpress (www.aliexpress.com), a global online marketplace for consumers to buy directly from China
Alibaba.com (www.alibaba.com), China's largest global online wholesale platform for small businesses
1688.com (www.1688.com), a leading online wholesale marketplace in China
AliCloud (www.alicloud.com), a provider of cloud computing services to businesses and entrepreneurs
(*source: Alibaba Group alibabagroup.com)

See also on Domain Mondo: Alibaba Group $BABA Q4 2015 Results, LIVE Webcast Replay 28 Jan 2016

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2015-05-10

Alibaba Founder Jack Ma Reflects On A 12-Year Journey (video)


Alibaba's Jack Ma reflects on a 12-year journey at a China 2.0 Conference at Stanford University

"If you learn how people fail, you will learn a lot"--Jack Ma

Jack Ma, founder and Executive Chairman of Alibaba Group, a family of highly successful Internet-based businesses, delivered the closing keynote address at the conference "China 2.0: Transforming Media and Commerce", hosted by the Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) at the Stanford Graduate School of Business, on September 30, 2011.

Some of the principal domain names of the Alibaba Group NYSE: BABA:
  • alibabagroup.com - Alibaba Group Holding Limited is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals
  • alibaba.com - China’s largest global online wholesale platform for small businesses
  • 1688.com - a leading online wholesale marketplace in China
  • aliexpress.com - global online marketplace for consumers to buy directly from China
  • alipay.com - Alipay, China's leading third-party online payment solution
  • alitrip.com - online travel booking platform
  • aliyun.com - provider of cloud computing services to businesses and entrepreneurs.
  • juhuasuan.com - China’s most popular online group buying marketplace
  • taobao.com - China's largest online shopping destination
  • tmall.com - China’s largest third-party platform for brands and retailers
see also:


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