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1、On the Development of Alibaba,孙剑林 柳亚 张泽中 刘尉轩,On the Development of Alibaba,Introduction The Short History of Alibabas Development Reasons for Alibabas Rapid Development Alibaba s tomorrow-opportunities and challenges Conclusion,Introduction,With the fast popularization of the Internet at the end of
2、1990s, the Internet-based economy has been mushrooming. Alibaba was established in 1999 and a B2B service platform was constructed. Within only three years, the number of its customers or members has increased to as many as 7.5 million(Oct.2005) ( See Figure 1 ). The international e-business communi
3、ty are amazed at the miracle of its rapid development.,The Short History of Alibabas Development,Mr. Jack Ma, CEO and his 18 colleagues bought the domain name from a Canadian and established Alibaba on March 10, 1999. The story of Alibaba and the forty thieves is well-known and “Alibaba” is easy to
4、pronounce and remember. It symbolizes fortune and wealth The domain name has become a valuable intangible asset for the company later and its value has kept increasing at the rate of RMB100 yuan every day.,March 1999 Alibaba was established. April, 1999 Alibaba set out the mode of operation on the b
5、asis of B2B services, worked out the strategies to make use of the international capital to cultivate and develop the domestic e-market, and to develop the export market for Chinas small and medium-sized enterprises (SMEs) abroad. July, 1999 Alibabas China Holdings Corporation was established in Hon
6、g Kong Aug. 1999 Alibaba got venture capital amounting to USD5miliion from The Goldman Sachs Group. Sept., 1999 Alibabas Hangzhou Research and Development Center was established. Oct. 1999 Alibaba participated in Guangzhou Trade Fair successfully.,Spring, 2000 The cooperation agreement with Softbank
7、 Corporation was concluded, leading to the introduction of venture capital amounting to USD20 million. Alibaba headquarters was established in Shanghai. Mr. Masayoshi Son, President and CEO of SOFTBANK Corp. became Chief Consultant in Alibaba. April, 2000 Peter Sutherland, founding Director-General
8、of the World Trade Organization became Special Consultant at Alibaba. May, 2000 Mr. John Wu, inventor of Yahoos search engine, became Chief of Technology Officer. Sept. 2000 Alibaba headquarters moved from Shanghai to Hangzhou and Zhejiang Internet Technology Research Center moved to Alibaba.,Jack M
9、a visited India, Singapore for the promotion of Alibaba. A was rated as the best B2B website by Forbes and Far Eastern Economic Review. Jack Mas picture appeared on the front cover of Forbes. Jan. 2001 Mr. Savior Kwan became Chief of Operation Officer. June 2001 Brands is put into operation. Sept. 2
10、001 Trust Pass System was put into operation and the mutual trust and confidence between buyers and sellers have been reinforced greatly.Alibaba was rated again as the best B2B website by Forbes and selected as a successful,case in the MBA program of Harvard University. Jack Ma was recognized as Fut
11、ure Leader and Business Leader respectively by World Economy Forum 2001 and American Asian Business Association. Dec. 2001 The number of Alibabas registered members from 202 countries reached 1million, the greatest number among all the B2B websites in the world. Jan. 2002 Jack Ma, declared that Alib
12、aba had begun to make profits. April 2002 The number of Alibabas registered members reached 1.2 million and in 2005 reached 7.5 million Merged with in 2005,Reasons for Alibabas Rapid Development,Efficient platform with a huge mount of information Simple and friendly Interface E-community with self-
13、 services and interaction Trading with integrity and credit B2B service mode of operation suitable for Chinas conditions,Reasons for Alibabas Rapid Development,Practical and personalized services Active promotion at home and abroad Team work, teaching and learning Perseverance, focus and creativenes
14、s,Alibaba tomorrow-opportunities and challenges,Opportunities 1 Platform strategy 2 Internet business services 3 Big Data,Challenges,According to the Euro Monitor data from the world famous consumer market research institute, Alibabas overall market share declined significantly in 2016 while the res
15、t of its competitors were booming. In fact, just before the Alibaba formally announced its IPO visit to the US, the old rival Tencent has joined hands with Jingdong to choose its strong competitiveness through social media and the Internet retailing industry to increase its competitiveness. At the s
16、ame time, Nike and GAP brands are gradually separated from Tmall, and are intent on building their own independent online retail businesses, which will threaten Alibabas main business in the future. Although in the past year, the Alibaba in the 45.1% market share remained China e-commerce market “boss“ status, but this value has fallen by nearly 1% over the same period, while the Tencent, Jingdong and other companies are improving.,
