{"id":15,"date":"2014-09-29T19:14:28","date_gmt":"2014-09-30T02:14:28","guid":{"rendered":"https:\/\/blogs.ubc.ca\/jing7\/?p=15"},"modified":"2014-10-04T17:03:33","modified_gmt":"2014-10-05T00:03:33","slug":"alibaba","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/jing7\/2014\/09\/29\/alibaba\/","title":{"rendered":"Alibaba"},"content":{"rendered":"<p><a href=\"https:\/\/blogs.ubc.ca\/jing7\/files\/2014\/09\/20140920_GDC111.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-14\" src=\"https:\/\/blogs.ubc.ca\/jing7\/files\/2014\/09\/20140920_GDC111.png\" alt=\"20140920_GDC111\" width=\"1190\" height=\"738\" srcset=\"https:\/\/blogs.ubc.ca\/jing7\/files\/2014\/09\/20140920_GDC111.png 1190w, https:\/\/blogs.ubc.ca\/jing7\/files\/2014\/09\/20140920_GDC111-300x186.png 300w, https:\/\/blogs.ubc.ca\/jing7\/files\/2014\/09\/20140920_GDC111-1024x635.png 1024w, https:\/\/blogs.ubc.ca\/jing7\/files\/2014\/09\/20140920_GDC111-624x386.png 624w\" sizes=\"auto, (max-width: 1190px) 100vw, 1190px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>http:\/\/www.economist.com\/news\/business-and-finance\/21619213-chinas-big-e-commerce-site-dominates-its-american-peers-how-alibaba-measures-up<\/p>\n<p>Alibaba went on public on September 19th GMT. Its market capitalisation for starting trade on New York&#8217;s Stock Exchange is $168 billion, which\u00a0has the largest IPO in the Unite States. (IPO, is the abbreviation of Initial Public Offering, which means the first sale of stock by a private company to the public.) It is bigger than Ebay, Amazon and Paypal put together. Apart from that, according to Jay Ritter, a finance professor at the University of Florida, who suggests that at average, the bigger the company is, the better in its long-run stock performance. Alibaba seems already succeeded in the beginning.<\/p>\n<p>I think Alibaba has the true potential for long-run growth. First reason is that Alibaba occupies 80% online retail market in China, a country with enormous population, therefore the number of potential customers is huge. \u00a0Secondly, the ways of online shopping is very convenient and cost-saving. Since the suppliers do not need to pay for the fixed cost like rent, they can charge the products&#8217; price a little lower with same profit. One PoD of Alibaba compare to other online commerce is Alibaba&#8217;s delivery service is better with less time.<\/p>\n<p>Alibaba is a hot topic now and\u00a0I do believe it can has a long-run performance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; http:\/\/www.economist.com\/news\/business-and-finance\/21619213-chinas-big-e-commerce-site-dominates-its-american-peers-how-alibaba-measures-up Alibaba went on public on September 19th GMT. Its market capitalisation for starting trade on New York&#8217;s Stock Exchange is $168 billion, which\u00a0has the largest IPO in the Unite States. (IPO, is the abbreviation of Initial Public Offering, which means the first sale of stock by a private company to the public.) It [&hellip;]<\/p>\n","protected":false},"author":25402,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/jing7\/wp-json\/wp\/v2\/posts\/15","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/jing7\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/jing7\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/jing7\/wp-json\/wp\/v2\/users\/25402"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/jing7\/wp-json\/wp\/v2\/comments?post=15"}],"version-history":[{"count":2,"href":"https:\/\/blogs.ubc.ca\/jing7\/wp-json\/wp\/v2\/posts\/15\/revisions"}],"predecessor-version":[{"id":27,"href":"https:\/\/blogs.ubc.ca\/jing7\/wp-json\/wp\/v2\/posts\/15\/revisions\/27"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/jing7\/wp-json\/wp\/v2\/media?parent=15"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/jing7\/wp-json\/wp\/v2\/categories?post=15"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/jing7\/wp-json\/wp\/v2\/tags?post=15"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}