| Blogs > beyondfantasy3 > Many Perspectives of Attitude |
|
Alibaba Alibaba Group Holding Ltd. surged in its U.S. trading debut, after the company raised a record-breaking $21.8 billion in an initial public offering. The Chinese company's shares rose 38 percent to $93.89 in New York today, after the IPO was priced at $68. The e-commerce company, which started in 1999 with $60,000 cobbled together by founder Jack Ma, is now valued at $231.4 billion. That makes it larger than Amazon.com Inc. and EBay Inc. combined, and more valuable than all but 10 companies in the Standard & Poor's 500 Index. ___________________________________________________ What comes next? When money at this volume starts a cycle, it goes wild, what comes next may be an interesting things. Where this company (Alibaba) results to station its sub-dominant headquarters will be an interesting development in the coming years. I used in years ago, when I was looking for manufacturers of monogrammed logo's. I looked for it on a trading platform, due to the nature of its aims and provisions. But it took many years before it became something public, (This, Friday). It's Amazing that Yahoo sold a % of its holding, in the initial offering, I find it interesting as Yahoo is specifically a web based company. It will need to elevate itself from being like a tabloid media, and become on that has better writing, by hiring people who understand the basics of what journalist Integrity is. Currently, it is about novelty articles, and then they play, s*ck em in, with crap articles, and then re-direct to a page, for the sake of selling advertising space on additional pages. It probably is unlikely that it will change, because it has latched on to the advertising selling to such a degree, that it has no integrity, and will put advertising on video articles, which in no ways has a character place for such advertising before various types of articles. It is obsessed with sports, and entertainment imagery, and it has become detestable in how it focuses on what costume an entertainer has on, and who has shown their butt and who is next to show their butt. If it did not have syndicated news down the line it would have long ago died out as to News. Some of its programming still is designed as if it caters to the lusty eyes of youth. It has insulted its own email program over and over with changes that make it far less than what it could have been. But that is likely not going to change, because they are kings when it comes to bombarding a email account with spam. Well, I wonder if the association with Alibaba will have any impact to force an integrity upgrade to Yahoo? |
|||
|
My only exposure to Alibaba is the (actual) search engine... It's annoying. Reasons why... they jump to the top of searches and overload you with listings of irrelevant products to what you are searching for. Does that spell success??
| ||
|
Who knows, The Chinese cultures, because of the mindset of how they deal with things, they have a different culture and they are adjusted to how it works. And the fact it has its' strong suit in the Chinese markets. It could very well be successful. They may not have the same order of logic we are accustomed within our relative sites, therefore because of their commonality with it, it may well work great in their terms of dealing with it. To date it has proven to be an ever growing successful site within China. As to Western Interest, their sole aim is to get an have access to the Chinese shoppers. We have some very confusing site here in the west, that often times will take one in a round about way to get to whats wanted. Beside, people PLAY GAMES with 'keywords", which often can skew many things... Some sites use Bots to check and log irregularities... but one thing is sure, when money is infused, things will make many adaptations. Once it's Public, the board will have much to say. A great deal of experience in within the broad expanse of the web to draw upon, and when that kind of money comes into play, 'acquisitions become part of the game plan. I'd say in my view it will be a resounding success, by the sheer access to the vastness of the Chinese and Asian Pacific Interest who will be interacting. These are countries with very large populations. If we look in broad perspective, we can see as well as know, with the wealth accumulation within China in the past 30-40 years, to underestimate it would likely be an unfortunate option. China also controls its web in ways that it can diminish competition in ways that is beneficial to China and China's companies and their interest.
|
