Until Alibaba went public only few people in America beside the tech-knowing people and investors were familiar with this brand. This Chinese company is growing tremendously and is becoming a known brand all over the world as it is getting ready to launch an initial public offering that may become the largest in United States history. Alibaba’s Group Holding Ltd. was founded in 1999 by a confident, energetic tycoon Jack Ma, who is a little over fifty years old. Alibaba is a strong competitor to businesses like Amazon, eBay and PayPal, but it seems that it takes it to the next level and combines all elements into one. Alibaba’s website connects customers and sellers of industrial and commercial goods and services in China. Its Taobao related site is the …show more content…
Securities and Exchange Commission explain a little more on this topic about his motivations for going public. “We plan to use the net proceeds from this offering for general corporate purposes,” Alibaba said in a smooth language written in its F-1 registration document. Clues to Jack Ma’s intention for going public can be learned from his past statements, from sources that are close to the company itself, and by looking at Alibaba’s future opportunities and its current vulnerability. Alibaba launched an IPO to raise as much as $20 billion to $25 billion. Alibaba wanted its investor payback, because it paid more than $7 billion to buy back an equity stake it previously sold to Yahoo Inc., which will keep about 20 percent ownership after the IPO. International lenders, like Barclays, Citi and Credit Suisse, also invested in for about $1 billion. Asia-centric investors Boyu Capital, Temasek Holdings and CIC International among them have contributed the rest. The sources told International Business Times that Ma promised to reimburse his lenders by going public within a specific time period. “This is payback,” said a Chinese investor with experience of knowing much about the
The official later worked closely with JPMorgan on making their company, The China Railway Group, public. Together, they raised 5 billion dollars once the company was
The Great Depression was a severe worldwide economic depression that took place during the 1930s. The article by Edwin Gay and pictures compiled by Cary Nelson are both descriptions of how the Great Depression was and the several impacts that it had on the American economy. The range of the great depression is unprecedentedly wide according to Edwin Gay. The great depression was believed to have started from the collapse of the US stock market in 1929. This was shown in a picture as compiled by Cary Nelson
Why has Loblaw’s strategy been successful? Loblaw success can be attributed to its efficient operations, its customer loyalty programs, the popularity of its private label brands, and large-scale purchasing efficiencies. Loblaw has showed a good understanding of the Canadian grocery market due to its time-tested strategy. The company has presence in virtually all Canadian provinces with a tailored value chain that helps them achieve high revenue and standards. Additionally Loblaw offers competitive wages and benefits.
For the business-level, Trader Joe’s adopted a differentiation focus strategy. According to our textbook with this strategy, Trader Joe’s seeks to differentiate in its target market. They rely on providing better service than broad-based competitors. Specifically, they focus on the special needs of the buyer in other segments (Dess, Page 159). Joe’s differentiates its self from other grocers by providing a unique shopping experience fortified with their private label goods and great service from their crew members.
Investment Banking Report “Mergers and Acquisitions” Student Names and Numbers Despo Michaelidou - Ioanna Panayiotou - Mikaella Savva - 20140213 Katerina…. Svetlana…. Introduction Back in 2006, a merger & acquisition agreement between two well-known companies set the basis for the continuation of the evolution in the animation industry. Being partners for more than a decade, Disney and Pixar eventually merged, after a number of unsuccessful attempts.
Macy’s, a small dry goods store was opened in New York City in 1858 by Rowland H. Macy where Macy’s was initially opened as ‘R.H. Macy & Co.’ before it became one of the world’s largest retailers. The famous red star symbol was used as their company logo as Rowland H. Macy’s symbol of success during his sailor days. By 1877, R.H. Macy & Co. had become fully developed department store after a great success in sales since its’ opening store in 1858. Macy’s was also known for its several first changes and practices in the retail industry such as the one-price system which the same items are sold at the same price and Macy’s was also the first retailer to hold a New York City liquor license. In November 1902, Macy’s moved uptown to its present
3.0 Concepts 3.1 Resources and Capabilities In order to achieve and sustain competitive advantage, a business needs both resources and capabilities. Resources are assets that are owned or employed by an organization. The organization utilizes and uses these assets to carry out their business operations. Resources can be grouped either tangible assets or intangible assets.
Amazon has achieved many milestones from starting in the founder’s garage in 1994 to the growth in revenue to US$147.8 million in 1997 and then to the revenue growth of US$177.866 billion in 2017 (Amazon, 2018a, Amazon, 2018b and Jurevicius, 2018). These milestones were achieved through tenacious focused strategies of meeting their customers’ needs and wants. These strategies have maintained and expanded their customer base locally and internationally and have increased its market shares and profit over the last two decades. In addition, projection for the company’s growth and expansion for the next three to five years looks positive as it predicted to grow at the same rate with its expansion internationally and continued focused in satisfying consumers’ wants (Amazon, 2018a). Although, some factors such as governmental policies, legal issues and natural disasters could pose a threat to Amazon’s growth plans, the management team led by the founder and Chief Executive Officer (CEO) are working on mitigating the risk (Amazon, 2018a).
At the end of the day, Under Armour became the first American based initial public offering to double on its first day of trading, in 5 years. About 12 million shares were sold allowing Under Armour to generate $157 Million. Under Armour continued its steady assent the following years and in 2010 accomplished an incredible milestone of $1 Billion in annual
As the presence of global e-commerce, specifically large model companies, need to practice the proper ways in building and maintaining strong customer relationships. By doing effective segmentation, such as based on gender, customer interest or brand preference, a company can reached their target customer more efficiently and effectively. Also, a company can engage with their target customer on a personal level with the use of social media, such as company website or blog. Apart from this, a company needs to have an accurate and detail information about each customer in order to build lasting customer relationships. Similarity, a company needs to have good partner relationship with other company departments and even outside the company to delivering superior customer value and satisfaction, and increasing a company’s
3.1 Explain how products are developed to sustain competitive advantage There are three levels of coca cola’s products. They are core product, actual product and augmented product. Core product Coca cola’s products are high quality standards for the customer.
Introduction The moon landing was an exciting and phenomenal event, but a mars landing would be even more exciting for humanity. " In college, I wanted to be involved in things that would change the world. Now I am (Iliev, 2018). " These are the words of the man behind the dream and ambition to land on Mars under the SpaceX Program.
Amazon’s competitive strategy is cost leadership. Amazon has achieved a lot on a great scale that it gets the best prices from its vendors so they can operate in very flexible and thin margins and sell their items easily at retail prices and make money. They also provide shipping products for a reasonable cheap price. They also have improved their warehouses by giving some space to other sellers who want to sell their items through Amazon. They differentiate and provide better quality than their competitors across the industry.
The four building blocks of competitive advantage can be used to help a company become more profitable and stay ahead of their competition. The four factors are superior efficiency, quality, innovation, customer responsiveness. All four building blocks are important to any company. However, I believe that customer responsiveness is the most important because having loyal and happy customers can make or break any company. The four building blocks can help companies grow and become the leader in their industry over their rivals.
Case Study – Bill and Melinda Gates 1. What do you think Bill and Melinda Gate’s personality traits are for each of the Big Five dimensions? Compare the two. The purpose of big five is to categorize the personality traits into different dimensions which can help us to understand better how people behave to others and how react in their life.