Best Alibaba Promo Code · Alibaba Discounts & History
What is Alibaba originally began as a peer-to-peer platform similar to Amazon and Ebay, connecting businesses-to-consumers (b2c) businesses-to-businesses (b2b), and even consumers-to-consumers (c2c). These functions are divided into three separate sites: Taobao for c2c, Tmall for b2c, and Alibaba for b2b. Alibaba. The flagship site, Alibaba, is Alibaba Group's international business-to-business platform. It connects businesses to global manufacturers. Using Alibaba, a business can find a manufacturer to create bulk products and have them imported into their country. In many ways, Alibaba acts as the sister site to Amazon, as many of Amazon's merchants purchase goods from Alibaba. Taobao. Taobao is the largest ecommerce store in the world, and the 8th most visited website according to Alexa rank. Connecting consumers to consumers, Taobao shares many similarities with Ebay, allowing consumers to sell products to each other. As of 2014, Taobao boasts and impressive seven million merchants selling to 299 million daily active users. Tmall. Tmall (formerly Taobao Mall) is the 'Amazon of China' as, like Amazon, it primarily connects merchants to consumers. After Taobao, Tmall is the world's second largest ecommerce site, currently holding Alexa rank 4 as of this writing. It also features more than 70,000 Chinese and international brands from more than 50,000 merchants. The site serves 180 million buyers, and has a 47.6% share of the business-to-consumer retail in China.
Alibaba.com is the leading platform for global trade serving millions of buyers and suppliers around the world. The first business of Alibaba Group, Alibaba.com (www.alibaba.com) is the leading platform for global trade serving millions of buyers and suppliers around. Alibaba.com is a matchmaker for businesses - connecting buyers and sellers online, making it easier to do business anywhere in the world. The US Alibaba.com team focuses on helping small businesses find domestic or international suppliers that will provide the right product, at the right price, to support the success of their business. U.S. Customer Care. Tel: 1-888-983-1688. Email: cs-us@service.alibaba.com.
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The Man Behind Alibaba
Alibaba founder Jack Ma is the company's spiritual leader. When Alibaba needs a new innovation, it goes back to his old apartment for inspiration. Mr. Ma stepped down as CEO, but Alibaba's current corporate structure will let Mr. Ma and other top brass nominate more than half of Alibaba's board members. Alibaba chose to list in the U.S. because the Hong Kong exchange refused to accept the structure.
PHILOSOPHY
What's Jack Ma's philosophy? Investors can get a taste from a letter Mr. Ma sent to employees, on the day Alibaba filed its IPO prospectus. In it, Mr. Ma warned about the ruthlessness of the capital markets and pledged the company would stay true to Alibaba's principles, which put customers before shareholders.
Select highlighted text from the letter to see translation.
CONTROL
Alibaba's current corporate structure will let Mr. Ma and other top brass nominate more than half of Alibaba's board members. Alibaba chose to list in the U.S. because the Hong Kong exchange refused to accept the structure.
Who Owns Alibaba Now?
Note: Numbers do not add up to 100% due to rounding.
Sources: the companies (SoftBank and Yahoo); staff reports (Ma)
WEALTH
After the IPO, Mr. Ma became China's richest man with a net worth of $25 billion, according to the Hurun Rich List. Mr. Ma owns a 7.8% stake in Alibaba and a 46% stake in the Alipay electronic payment affiliate.
China's Richest, Sept. 2014
In billions
1. Jack Ma (tech)
$25
2. Wang Jianlin (real estate, entertainment)
24.2
3. Zong Qinghou and family (beverages)
20.8
3. Li Hejun (renewable energy)
20.8
5. Ma Huateng (tech, entertainment)
18.1
Source: Hurun China Rich List Sept. 2014
The Challenges
The world is going mobile, and Alibaba is competing for China's smartphone users with new rivals. In its search for growth, Alibaba is forging into new businesses - and bumping into powerful players like Chinese banks and regulators. And will U.S. investors buy the IPO of a company that is still largely unknown to them?
SELLING THE ALIBABA STORY
Alibaba's IPO is the largest in the world. China's e-commerce market is still going strong and expectations for Alibaba are high. Still, Alibaba is facing a slew of new business challenges.
Tech IPOs, in billions
$25
Alibaba (2014)
16
Facebook (Priced: 2012)
2.1
Twitter (2013)
1.9
Google (2004)
1
Zynga (2011)
0.4
LinkedIn (2011)
0.1
eBay (1998)
Source: Dealogic
THE RACE TO GO MOBILE
China's 600 million-plus Internet users are migrating to smartphones, setting off a scramble among the country's Internet giants. Alibaba's toughest rival is Tencent, which runs the WeChat mobile messaging application, with 355 million users. The companies are spending billions of dollars to invest in businesses that can help them compete.
NEW FRONTIERS
The newest frontier for Alibaba is financial services. You can use Alibaba's Alipay payments app to buy theater tickets and pay for taxis. You can also use it to invest in a money-market fund. That fund, called Yu'e Bao, has already collected $87 billion in assets. China's banks and regulators are starting to get alarmed.
Largest Money-Market Funds Globally, March 2014
In billions
Vanguard Prime Money Market
$131
Fidelity Cash Reserves
116
J.P. Morgan Prime Money Market Prem
111
Yu'e Bao Fund
87
J.P. Morgan U.S. Dollar Liquidity A
71
Source: Morningstar
FAKES
Many brands say Alibaba's sites - particularly Taobao - are rife with counterfeits. That could be awkward for the company, as it readies its global IPO. Alibaba says it spends millions of dollars a year battling fakes, and some merchants say Taobao has gotten faster at taking down suspect listings.
The language barrier isn't the only issue buyers will face when using Alibaba. While there are many security protocols in place to avoid scams on Alibaba's marketplace, they still happen on occasion. This is why it's important to perform due diligence not with just Alibaba's credentials but using the Supplier Database to check up on the supplier.
The more business a supplier has done in the U.S. (if you're a U.S. buyer, of course), the more likely they are to be trusted.
Furthermore, the Supplier Database shows you the other businesses that the supplier has worked with in the past, including large brands like Target, Walmart, and Amazon itself.
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Sometimes, Alibaba offers and deals come with exclusions. You should always double-check that the coupon you selected is compatible with the item(s) you're buying. Certain stores will not allow coupons to be stacked, which cancels out other Alibaba Voucher codes. Also, always make sure the coupon's date is current. While we are diligent to only give you active coupon code offers, an expired discount occasionally slips through the cracks. You can always contact us at 1001couponcodes.co.nz if you have any questions.
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The Alibaba discount coupon (also known as a voucher, gift certificate, discount voucher, promotional coupon, discount code, or promo code) are codes used by online stores to convince undecided customers to complete their purchase. If you enjoyed the discount offered by our coupons, we recommend that you checkout immediately as they have very limited validity.
Alibaba Coupon can come in 2 forms. A code to enter in the shopping cart during checkout or a specific link that applies an automatic promotion or redirects to a special offers page. We've put together a step-by-step guide to finally understanding how to use this discount coupon Alibaba:
The best coupons expire quickly, so we recommend finalizing your purchase.
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Wholesale Discounts Galore
Discount coupon Alibaba Sign up for the latest product trends on Alibaba
Special Deals on Bulk Orders
Bulk Order Discounts
Alibaba has great savings and deals
To use a Alibaba coupon, copy the related promo code to your clipboard and apply it while checking out. Some Alibaba coupons only apply to specific products, so make sure all the items in your cart qualify before submitting your order. If there's a brick-and-mortar store in your area, you may be able to use a printable coupon there as well.
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An Alibaba discount code is an alphanumeric code which, like coupons or paper discount vouchers, allows you to receive a fixed discount or a percentage discount on your purchase. So, in addition to the affordable prices and offers already available on Alibaba, you can get an additional discount on the total of your cart or on shipping.
ALIBABA GROUP HOLDING LIMITED is a holding company that provides technology infrastructure and marketing reach to help merchants, brands and other companies harness the power of new technology to engage with users and customers to operate. The Company operates four business segments. The Core Commerce segment provides retail services in China, wholesale in China, international retail, international wholesale, Cainiao logistics services and local consumer services through Taobao Marketplace and Tmall. The Cloud Computing segment provides a complete set of cloud services, including database, storage, network virtualization services, big data analytics and others. The digital media and entertainment segment provides consumer services in addition to core business operations. The Innovation Initiatives and Others segment is to innovate and offer new services and products.
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