Jack Ma, Alibaba’s founder, admitted on Sunday that he had never once used Taobao, the ebay-like flagship website for the ecommerce company he will be taking public later this year, writes Charles Clover and Ma Fangjing.
The odd sounding admission came in the middle of a rambling commencement speech to graduates of Tsinghua University on Sunday, in which he highlighted his humble origins and lack of professional experience. He needs to keep his emotional distance from his products, he said, so that he can make decisions about them objectively. And that apparently means not knowing how they work. Read more >>
Alibaba, which filed for its US IPO on Tuesday, is frequently called the Amazon or eBay of China. But while there may be similarities in their business model, the online shopping experience for customers can be quite different indeed.
Here, a look at some of the things one finds on Alibaba’s various shopping platforms, how they differ from each other, and some of the ways in which they are vastly different from their western counterparts. Read more >>
Alibaba on Tuesday submitted the first filing for its upcoming initial public offering in New York. Unusually for a private company, prospective investors already knew some of its key financial details, since Yahoo, its major shareholder, reports them as part of its quarterly results.
So what did we learn from the new filings? Read more >>
Alibaba’s shareholder list contains some well-known names from around the globe — from China and Japan to Singapore, Silicon Valley and Russia. Here is a breakdown and guide to the biggest names to profit from the listing. Read more >>
Chinese ecommerce giant Alibaba made its long-awaited filing for an initial public offering in the US, a deal which could ultimately top Facebook’s debut two years ago with an estimated $120bn valuation.
FT reporters delve into the details with live reaction and analysis. Read more >>
Alibaba is taking a minority stake in China’s largest online video site, Youko Tudou, as it prepares for its own blockbuster initial public offering in the US.
Youko Tudou said on Monday that the Chinese e-commerce group, together with its founder Jack Ma’s Yunfeng Capital, would jointly invest $1.2bn in the video site.
Alibaba will hold 16.5 per cent stake in Youku after the deal, with Yunfeng holding 2 per cent. Read more >>
Shares in Hong Kong-traded Chinese electronics giant Haier are soaring, thanks to Alibaba.
FastFT reports that Haier said earlier Monday it had teamed up with Alibaba to develop its logistics business. Read more >>