Alibaba Group - 1556 Words

ALIBABA Group Holding Brief History. Alibaba cooperation is a global wide Internet company founded by Jack Ma, Chinese name Ma Yun.Although Alibaba was founded in 1999, the story of how the company came to be actually dates back to 1995, when Jack Ma was on a trip to the U.S. and first became exposed to the Internet. As the story goes, he tried searching for the word beer on Yahoo but the search results did not turn up a single Chinese option. In fact, he could hardly find anything about China on the Internet at all. After returning home, he founded a company called China Pages - a directory of various Chinese companies looking for customers abroad. China Pages was a flop. But a few years later, Ma took another stab at an†¦show more content†¦The Partnership has the exclusive right to nominate a simple majority of the members of Alibabas board of directors, subject to shareholders approval. If the director nominee from Alibaba Partnership is not elected by the shareholders, the Partnership has th e right to appoint a different person to serve as an interim director until the next scheduled annual general meeting. The Alibaba Partnership elects new partners annually after a nomination process whereby existing partners propose candidates to the partnership committee. The partnership committee reviews the nominations and determines whether the nomination of a candidate will be proposed to the entire partnership for election. Election of new partners requires the approval of at least 75% of all of the partners.[Alibaba group Web] The Alibaba Culture and Value A company’s culture and value is well connected with the founder, Jack Ma is transforming his personal value and ethic into Alibaba, which cause Alibaba group strong cohesion. The Alibaba culure is about championing small business (means there are not difficulties on small business operating). Alibaba operate an ecosystem where all participants- consumers, mechants third-party service providers andShow MoreRelatedAlibaba Group Holding Limited ( Alibaba )1112 Words   |  5 PagesCompany Overview Alibaba Group Holding Limited (Alibaba), Chinese e-commerce giant, was founded in 1999 by Ma Yun (Jack Ma). It offers a platform for both domestic and international traders to conduct business. It aims to create a convenient trading platform for small and medium sized enterprises all around the world. Alibaba was the first company entered into the Chinese e-commerce industry, so it brought an Internet revolution to China. During these years, its wonderful ability of expanding makeRead MoreCase - Alibaba Group7315 Words   |  30 PagesAlibaba Group At Alibaba, strategy and organization go hand-in-hand. Every year we change the organizational structure in tandem with changes in strategy. Jack Ma, Chief Executive Officer of Alibaba Group, stared through the fog at the cable stays of the Hangzhou Bay Bridge whistling past on his drive to the offices of Taobao (hunting for treasures), Alibabas online marketplace for Chinese retailers and consumers. The longest transoceanic bridge in the world had a long gestation period:Read MoreBusiness Expansion Of Alibaba Group1842 Words   |  8 Pagesis already on its way in the case of Alibaba group; the new integration to the stock market is for instance one of the strategic decisions of the company to get access to the U.S market. Jack Ma is definitely concerned about strengthen its positions especially in Russia, United States, Brazil and Spain for the present year. Replicate At this scale, replicating the firm involve important costs and a massive use of the companies resources, however Alibaba group have already many branches operatingRead MoreAlibaba Group : The Biggest E Commerce Company5180 Words   |  21 PagesIntroduction Alibaba Group is a Cinese E-commerce company which was founded in 1999. In the past 16 years, Alibaba gradually grew into the biggest E-commerce company in the world. According to the report of Alibaba (2015), by 2015 there are 350 million active buyers in Alibaba’ s platform which is 100 million higher than 2014. The gross merchandise volume of Alibaba is 2,444 billion Chinese Yuan. In 2013, the number was only 1,077 Chinese Yuan. It increased almost 250% in 2 years. Alibaba benefit byRead MoreMarketing Strategies For Alibaba Group Holding Limited1778 Words   |  8 PagesAbstract: Alibaba has become the largest online commerce company in the world in just a few years and barely anyone expected it to be so successful. It has provided numerous business opportunities for small and medium enterprises to leverage the innovative technology to compete more efficiently domestically and globally. This study discusses the marketing strategies, promotion, distribution channels and som e important lessons that were carried out by Jack Ma to achieve success in this world of onlineRead MoreMarketing Strategies For Alibaba Group Holding Limited1752 Words   |  8 PagesRESEARCH ASSIGNMENT ECONOMICS 510 BY: ABHISHEK MISTRY ID: 1102542 Abstract: Alibaba has become the largest online commerce company in the world in just a few years and barely anyone expected it to be so successful. It has provided numerous business opportunities for small and medium enterprises to leverage the innovative technology to compete more efficiently domestically and globally. This study discusses the marketing strategies, promotion, distribution channels and some important lessons thatRead MoreAnalysis of Ma Yun ´s Leadership in Alibaba Group Essay3255 Words   |  14 PagesYun’s leadership on the Alibaba Group. Business environment Nowadays, high-speed development of the technology has changed the daily life and the computer and the Internet have become the mainstream in China markets. The expansion of the Internet rapidly leads the e-commence to develop and change the operation way of Chinese business. At present, there are many people who want to start-up a business on their own. Ma seizes the opportunity to establish a great stage ‘Alibaba’ for those small potentialRead MoreAlibaba Group Holding Limited Is The Largest China s Biggest Retailer987 Words   |  4 PagesAlibaba Group Holding Limited is the largest China’s online business organization that gives purchaser-to-customer, business-to-buyer and business-to-business deals administration by means of online interfaces. This website started in 1999 when Jack Ma established the site, with the main objective of providing Chinese industries a major expansion to the outside world. It has its headquarters in Hangzhou, Zhejiang, China. In t he year 2012, two of Alibaba’s gateway dealt with 1.1trillion yuan ($170Read MoreA Global E Commerce Company Called Alibaba ( China ) Co, Ltd With Company Background Information System1224 Words   |  5 Pagesreport intents to first discourses the definition of Big Data, relationship between business analytics and Big Data, and several commercial softwares of Big Data. Then the report will illustrate a case study on a global e-commerce company called Alibaba (China) Co, Ltd with company background information, challenges when facing and applying an accounting information system of Big Data and Benefits that Big Data bring to the company. It should be also noted that the report heavily emphases the impactRead MoreThe Chinese Giant E Commerce Company766 Words   |  4 PagesThe Chinese giant e-commerce company, Alibaba Group Holding Ltd. (Alibaba), unleashed a controversial scenario since the firm launched on September 2014 its initial public offering (IPO) on the New York S tock Exchange (NYSE) (Palepu, et al., 2015). Considered the biggest in the history, Alibaba’s IPO raised $21.8m in its debut at an offering price of $68 per share (Figure 1.1). Originally, the company had made attempts to list within the Hong Kong Stock Exchange (HKEx). However, it was refused in