Author Archives: Kuangjie(Simon)Ren

Why we need social entrepreneurship?

Nowadays more and more social problems arouse the public attention and the function of social entrepreneurship has been recognized by more and more people. I believe that the funding from the United Nations can truly help a lot of people. … Continue reading

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Comment on “Alibaba Buffs a Key Business Metric”

  “11.11” is an important day for all the e-commerce companies because it is a discount promotion period for sellers and consumers. Alibaba will fully engage in “11.11” marketing warfare. After IPO, Alibaba starts becoming an international e-commerce giant. Now … Continue reading

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Comment on “Baidu-A Wonderful Name For Searching Engine”

Baidu is a well-known searching engine in China and its brand name is connected with traditional Chinese culture. I support Hui Lai’s idea that brand name is an important factor to show the business’s position and attract consumers. Baidu came … Continue reading

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Comment on “Angry Birds maker Rovio to cut up to 130 jobs”

“The revenue of mobile games maker Rovio, owner of the Angry Birds brand, have declined to half of the revenue earned last year. As a result, Rovio plans to cut up to 130 jobs to simplify the organization. ” I agree with what nie Yivi wrote. … Continue reading

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Create a new macro environment

The APEC (Asia-Pacific Economic Cooperation) CEO Summit 2014 will be hold from November 8 to 10, 2014, in Beijing, China. Today, member economies together account for about 40% of the world’s population, 50% of global trade and 60% of total … Continue reading

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First Nation chiefs to stage site C showdown

  A  delegation  of  B.C. First  Nation  chiefs will reach Ottawa to urge the Harper government to reject BC Hydro’s $8-billion Site C hydroelectric megaproject. BC Hydro wants to construct and operate a dam and 1,100-megawatt hydroelectric generating station on … Continue reading

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IPhone 6

Apple has launched two new iPhones, the 4.7-inch iPhone 6 and the 5.5-inch iPhone 6 Plus.“Along with larger screens and a completely new iPad-style design with an ultra thin body and rounded corners, the two new phones offer faster processors, better cameras, and Apple’s new Apple Pay payment system.” The launch of iPhone 6 obviously attracts public’s attention and there is a iPhone fever worldwide. Appple sold a record 10 million iPhone 6 and iPhone Plus in three days. From my perspective, the launch of iPhone 6 Plus means Apple has decided to enter the market of large screen mobile phone and it will be powerful competitor. Compared with Apple, Samsung apparently got shock impact. The sales of Samsung declined a lot. However, iPhone 6 are still designed to be used with one hand. During these years, we can see the changes of Apple made. For example, iPhone 5c cater the customers in middle and high-end markets.Apple uses more focus strategies to attract.consumers.Although now iPhone 6 are reported bending problems, the success of new iPhone is undoubted. I am looking forward to seeing more surprise Apple will bring to us in the future. Reference: Eddie Makuch. “IPhone 6 Sales Reach a Record 10 Million In Three Days.”GameSpot. N.p., 22 Sept. 2014. Web. 05 Oct. 2014. Unkown. “IPhone 6: Reviews, Details and Bending Problems.” IPhone 6: Reviews, Details and Bending Problems. N.p., n.d. Web. 02 Oct. 2014.  

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Alibaba IPO

Alibaba IPO On September 19th, Alibaba Exchange formally IPO in New York, stock code “BABA”. The issue price is confirmed to be $68 per share, the opening price at $92.7, surpassing the Facebook to become the second largest Internet company after the Google. Alibaba is China’s biggest online commerce company and it is a company which is more like the combination of eBay and Amazon. Based on the fast growing e-commerce market in China, Alibaba grew fast in the past 15years. Last year online transaction was $28 billion. However, a lot of people still don’t have confidence in Alibaba because of the market in China. Many investors are afraid that the regulations and unknown rules changes from Chinese government. For example, the split event of  Alipay is still unknown for investors.Moreover, the power to make decisions in Alibaba is not based on investors. Alibaba’s founder, Jack Ma, will take all the decisions. And other problems like transparency are also the concerns of investors. I think we should give trust to the Alibaba. Based on the 15 years’ experience of e-commerce ,today’s outstanding achievement and the global strategies in the future, we should be confident in Alibaba and support it become better. Reference: MARC LAJOIE and NICK SHEARMAN. “What Is Alibaba?” – WSJ.com. The Wall Street Journal, n.d. Web. 02 Oct. 2014. Jo Ling Kent. “5 Things To Know About The Alibaba IPO.” Investopedia. Investopedia, 03 Sept. 2014. Web. 02 Oct. 2014.

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Blackberry passport

On September 24th, Blackberry launched its Passport which is its latest smart phone. Passport equipped with a 4.5 inch square screen and a QWERTY physical keyboard. However, Blackberry’s financial health still didn’t get better. ”BlackBerry, which once dominated the smart phone industry, now accounts for less than 1% of sales worldwide.” Although Blackberry tried to regain market shares, its competitors like Apple and Samsung had got enormous success and seized market shares. Blackberry also pointed out Passport does not apply to everyone and it will be more office-used. For example, spreadsheet analysis and medical professionals use are the advantages of Blackberry. In my own view, the launch of Passport is more like to spread the information that Blackberry never left and it has come back. However, I think it won’t bring Blackberry enormous changes. The use of keyboard has been just minority interest and the operating system of Blackberry can’t compete with IOS and Android. If Blackberry don’t make substantial change, Blackberry will always be the minority interest and the situation of itself will get worse. Reference:Author, Unknown. “Not There Yet.” The Economist. The Economist Newspaper, 27 Sept. 2014. Web. 27 Sept. 2014.

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