APEC 2024 Peru. Biden shafted to a corner in the back row. Xi in front row next to Peru's President
9/19/2014
Good news for Alibaba
Despite all the critics and venoms, Alibaba is hot favourite among the Americans. The typical analysts and anti China lobby were cursing and swearing and crying foul, pouring cold water at Alibaba or anything Chinese as usual. But the smart investors know where to put their money to make money. The last Baidu IPO had benefitted the investors by more than 300% in price gain. They know that China is the growth engine of the world.
In the case of Alibaba they are throwing US$22b to Jack Ma in his IPO listing in the New York and still demanding for more. Jack Ma’s net worth is now in the realm of Bill Gates overnight and could possibly overtake him in the near future.
Cheers to the Alibaba business and Jack Ma.
Kopi Level - Green
Uncle RB....I am very happy for
ReplyDeleteyou if you have benefited from
alibaba ipo.
Cheers. TGIF.
Alibaba is big business. Good business model.
ReplyDeleteThere are always two sides to any given situation.
ReplyDeleteThose that can make money out of it and those that have nothing to spare to join the crowd.
With all the money printing going on, where else can those money go to? And those are the ones singing the pink as opposed to those singing the blues.
The bottom line is: the rich will continue to become richer, while the poor will continue to slide into worse poverty.
At this point in time, even the wealth of the middle class have passed on to the super rich. More billionaires in the making and more poor people being added to the growing poor of the world.
Right, they keep counting how many more billionaires and how many more millionaires but not counting how many more millions joining the poor and poverty line.
ReplyDeleteI think ex-school teacher Jack Ma and Alibaba are better than god. If not for Alibaba, lazy beachbums like me couldn't live like a duke.
ReplyDeleteOne way to make good bucks in a god-forsaken super-expensive but fantastic cuntree like Oz is to leverage the fantastic prices, terms and shipping delivery of Alibaba in such a way that you pay China prices, but earn Aussie dollars, cleared thru Singapore bank to avoid/ lessen Aussie taxes...that was in the old days. Now Alibaba has "Ali Express" so it's not like the old days anymore.
Wah, I remember the good old pre GFC dizzy days in Oz when the mining was booming and Aussies were buying China imports like no bodies business. Sit back, shake leg, make money lah.
Congratulation Mr Mah. BTW, I think your stock is in a bubble (who cares...bubble or not...if you make money, good!)...hopefully you cashed in lots of your own stock for real, physical money. You deserve it!
Yet another profitable AhLeeBaba.
ReplyDelete"Jack Ma: If you’re still poor at 35, you deserve it!"
ReplyDeleteJack Ma, however, looks down on poor people. I do not think it is a good sign. If he is born in a war torn state, will he be rich?
Jack Ma cannot make it so big if in sinkieland.
ReplyDeleteThis is a fact.
Alibaba's IPO market value is bigger than all sinkieland top 3 banks, top 3 property counters, telco, national carrier combined.
Big whale cannot grow in a small pond.
Swim into the ocean and grow big if YEW are a potential whale.
A giant 350kg squid was caught recently near the artic ocean. Could it have grown so big in sinkieland river or MadLeechy ReSirwhore?
Lucky fools always think very highly of themselves.
ReplyDelete@ bSeptember 19, 2014 3:52 pm
ReplyDelete// "Jack Ma: If you’re still poor at 35, you deserve it!"
Jack Ma, however, looks down on poor people. I do not think it is a good sign. If he is born in a war torn state, will he be rich?//
In many interviews and talks in Chinese and English especially to young people, one of his themes is problem solving skills with minimal resources.
If anyone show Jack Ma how the sinkieland's scholars and paper generals solved problems, 马云 might have fainted or vomit blood?
马云doesn't seem to believe in throwing good money after bad to solve problems. He doesn't believe in throwing big and endless $$$$$ at problems. That could be one of the worst wastages of resources. Whatever other terms YEW want to call it - Misallocation of resources, inefficient allocation of resources etc etc. Think THARMASICK, G AI SEE, ASS AMP R TEE, ASS TEE xxxxxs, etc etc Sinkieland has a lot of $$$$$$ to throw around?
How did 马云 succeeded?
ReplyDeleteHe looks like "an alien", uglier than mai hum, kee chiu, marborotan combined.
Yet he managed to convince 20+ ex colleagues in 1999 to give up everything, follow him to Zhejiang and started Alibaba in a small, cramped apartment. He borrowed money from staff to pay their salaries. Yahoo and Japenis Softbank invested hundreds of millions in the mid 2000s in his company just after 1 presentation by this "alien looking" Chinaman.
Why his tens of thousands of troops believe in him and work 20 hours days on end to deliver what he wants?
Worst still, his I T skills is legendary. Jack Ma could be as good in programming as old man. Can YEW believe it? Yet he was founder and CEO of a giant ecommerce conglomerate. Beside baba, he still has Alimama ( because he doesnt want someone to come along and marry Alibaba for free, no joke, its true), Alipay, TaoBao, TianMao etc etc.
This ex English school teacher who knows next to nothing in software programming, looks like an alien, learned his English when he was young moonlighting as a tour guide to American tourists precided over an I T giant and now one of China's most famous billionaires?
This is Jack Ma.
The enigmatic alien looking ex-English school teacher.
After IPO of Alibaba, Jack Ma might scale even greater heights down the road.
ReplyDeleteBy end 2012, Jack Ma's 2 other companies, TaoBao and TianMao, grossed total revenue of 1 Trillion RMB in e-commerce sales and are still growing exponentially.
It is not only just a new business model, it is a new lifestyle, new thinking, the replacement of old thinking with new thoughts, perspectives etc.
In recent years, when sinkies are still stuck in old traditional angbo during CNY, the Chinese are already busy exchanging e-angbo across their vast land mass of over 9.6 million sq km.
When SINKIELAND' s public sector and GLCs crowded out the private sector, the only outcome is the battle field ruins of billions of dollars red ink and nothing to show on the global stage.
This something that politicians, scholars, paper generals, papayayas, Ivory Towerers will never come to terms with or accept or admit.
When foreign funds pull out one day due to domestic reforms and geopolitical changes in their countries, SINKIELAND may be left with an empty shell or even insolvency?
Sinkies should know what keeps paper generals having so much money to "throw" around.
As the Chinese say, " no party lasts forever " ...........
To illustrate how mind boggling the sales figure in Jack Ma's ecommerce platforms, anecdotal evidence revealed that on some public holidays in China in recent years, the total sales per day just on TaoBao platform alone reached 20 to 30 billions RMB.
ReplyDeleteWhat have all the hundreds of billions of investments all these years thrown around by SINKIELAND' s GLCs achieved?
Jack Ma's empire was built from millions of investment, not billions. Throwing billions often ended belly up, NEVER a recipe for success in the business world.
"Alibaba is big business. Good business model."
ReplyDeletedon't envy. We have bigger business modek that is proven to work already. It is called Leepapa. Leepapa model use police-state dictorship and monarchy system that abuse state power and resource to gratify and enrich themselves at expense of taxpayer's monty. Leepapa uses bullshit and nonsense and then force you to pay themselve millions and billions through greed policies.
@ anon 7.32pm // It is called Leepapa //
ReplyDeleteAnon 7.32pm, are YEW referring to "Aleepapa" ?
Ah Yes. Alibaba.
ReplyDeleteSoon the whole world will be speaking and writing in mandarin.
Why buy DBS shares when we can buy Alibaba shares?
Why shop at NTUC when we can shop at Alibaba?
How is Alibaba newsworthy ? because it is pale in comparison to AhLeePaPa
ReplyDeleteAhLeePapa the best business model there was, there is, and ever is. In AhLeePapa, everyday is IPO in term of money collected (eg GST, ERP, PayAndPay, etc) ...
In 淘宝，there are more than 8 millions merchandisers renting virtual shops on its platform.
ReplyDeleteOn a typical day, parcels volume is at about 30 millions. On public holidays, an additional order of at least 10 millions is added to the daily volume.
Due to 淘宝, there are millions of couriers jobs created all over China.
It is estimated that there are about 30 millions jobs linked directly and indirectly due to the existence of 淘宝.
In terms of its contribution to China's economy, foremost is the expansion of the C (consumption) component to China's GDP.
Old and middle age people don't create much consumption ( China's domestic demand). It is the youth and young adults who spend money to drive domestic demand.
In other words, in Jack Ma's world, the youth is the future of China. He predicted somebody will overtake him down the road and it will be one of these young chaps.
Meanwhile he is striving towards 1 million merchandisers with an annual turnover of at least 1 million RMB on his 淘宝 platform. That's a staggering 1 Trillion RMB, bigger than the GDP of many developing cuntries.
It is predicted that at present growth rate, in 10 years time, the transaction volume in 淘宝 alone would exceed SINKIELAND' s GDP.
If include Alibaba and 天猫, in 10 years time, their yearly volume probably would equal the combined GDP of SINKIELAND, MATLAND and TIGERLAND (THAIGALAND) .
Btw, in 1999, Jack Ma' s initial startup capital was 50,000 RMB!
Not enough for SINKIELAND' s scholars to attend overseas cooking lessons, much less build up an empire the size of a cuntry.
AnonymousSeptember 19, 2014 6:53 pm
ReplyDeleteAfter IPO of Alibaba, Jack Ma might scale even greater heights down the road.
By end 2012, Jack Ma's 2 other companies, TaoBao and TianMao, grossed total revenue of 1 Trillion RMB in e-commerce sales and are still growing exponentially.
It is not only just a new business model, it is a new lifestyle, new thinking, the replacement of old thinking with new thoughts, perspectives etc.
In recent years, when sinkies are still stuck in old traditional angbo during CNY, the Chinese are already busy exchanging e-angbo across their vast land mass of over 9.6 million sq km.
When SINKIELAND' s public sector and GLCs crowded out the private sector, the only outcome is the battle field ruins of billions of dollars red ink and nothing to show on the global stage.
This something that politicians, scholars, paper generals, papayayas, Ivory Towerers will never come to terms with or accept or admit.
When foreign funds pull out one day due to domestic reforms and geopolitical changes in their countries, SINKIELAND may be left with an empty shell or even insolvency?
Sinkies should know what keeps paper generals having so much money to "throw" around.
As the Chinese say, " no party lasts forever " ...........