asterisk2a + commoditization + ownership + alipay   1

At Alibaba, the Founder Is Squarely in Charge - NYTimes.com
Alibaba, a company started out of Mr. Ma’s apartment in 1999, is now a technology colossus worth more than American stalwarts like eBay and Hewlett-Packard. Under his leadership, Alibaba has become not just the dominant force in China’s e-commerce but also a symbol of the country’s breathtaking economic rise. The company has 250 million active buyers in China, and its orders account for more than 60 percent of all package deliveries in China. [... Discussing the business structure ie Cayman Island entity & V.I.E. and risks for shareholders ...] +++ Most members of the group declined to comment. In an interview, Mr. Shen defended such deals, explaining that Mr. Ma had formed a circle of trust, something common in Chinese business. +++ Analysts say that forging alliances with the government is a vital part of doing business in China. Companies see it as a way to improve their chances of securing approvals and licenses. +++
Alibaba  China  e-commerce  ecommerce  commodity  business  commoditization  Jack  Ma  Amazon  scale  scaling  IPO  Taobao  AliPay  Jerry  Yang  Yahoo!  SoftBank  transparency  accountability  ownership  structure 
september 2014 by asterisk2a

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