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Alibaba essay Alibaba essay Essay Alibaba had several Internet businesses focused on various e-commerce business models. Being one of the first companies to enter the Chinese Internet industry, Alibaba played a major role in bringing about an Internet revolution in China.
It was launched with the vision of serving the small and medium enterprises in China and across the world. Alibaba also participate in search engine market and social-networking product.
Jack Ma is founder of Alibaba. Inhe went to America and it was then that he decided to start an internet business and launch his website. This became the first government website in China.
Then, he left and returned to Hangzhou to fulfill his dream of establishing his own e-commerce company. During the late s and early s, the Internet had not yet become too Tao bao swot in China. By the end of the first year in business, Alibaba had become the largest online global trading website in Asia.
In Marchwhen the dotcom bubble 38 burst, a number of dotcom and e-commerce companies filed for bankruptcy. To deal Need essay sample on "Alibaba essay"?
In JulyAlibaba started selling its advertising space. Additionally, Alibaba began charging its members for its services. Alibaba was launched at a time when the Chinese Internet industry was in sunrise.
Considering the growth potential of the budding e-commerce market, other players were expected to intensify competition in the emerging B2B market.
For gaining a strong foothold in the B2B market, Ma announced that Alibaba would not charge any transaction fees. Ma launched Taobao as a wholly-owned subsidiary of Alibaba. Taobao aimed to create an online trading platform for both B2C and C2C models. Taobao differentiated itself from rival eBay by allowing free listings on its website.
The growth in the Chinese e-commerce market was hampered due to the absence of the trust factor between buyers and sellers while trading online. All these promotional strategies were ignored by eBay EachNet. Alibaba aimed to enter the Chinese online search market in and struck a deal to acquire the operations of Yahoo!
Ma developed a simple search page in order to make it the number one search engine in China. However, this looked an uphill task as it continued to lose market. In OctoberAlibaba launched an online shopping search engine called eTao.
With the growth in revenues and paying members, Alibaba was touted to be one of the biggest Internet companies in China in However, its image took a beating when the company reported a series of frauds that took place through its e-commerce site.
As of Novemberthe company was also making efforts to increase the revenue per user by planning to offer value-added services such as extra ways to advertise on the site.Q2) How did Taobao beat eBay? Taobao beat eBay through its free services, whereelse eBay charges buyers and sellers a fee for transacting through eBay.
Also, Taobao was able to understand the local context and culture better, and created colourful and localized webpage so that local China users like Taobao more than eBay.
People are confident and motivated to buy more. 3. Government launched a lot of policies to standardize the operation and development of different industries. The China Online ordering takeaway Industry Market Research Report is a professional and in-depth study on the current state of the Online ordering takeaway industry.
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. To cite just one example, the result of this capability can be seen in the Mobile Taobao app, which displays personalized homepages that are unique in both layout and content for millions of individual users, adding shopping recommendations from a pool of more than one billion products.
E-commerce in China:Taobao 3 I.
Introduction Taobao was established in , as the nation's largest network market and Trading platform established. Until the first quarter of , Taobao has already gathered almost 62 million.
Taobao growth slowed to 14% (down from 43% in the year ago quarter) and TMall growth slowed to 37% (down from 60% in the year ago quarter).
China Weakness Weighs on Alibaba. From. To. Message.