The Chinese largest online shopping platform Alibaba is searching opportunity to transfer into a broad-based provider of online services.

The chairman of Alibaba, Jack Ma, plans to sell a trillion dollars in future five years. In order to realize his great aspiration, he develops Alibaba’s business both online and offline. Ma already had a deal with two giant American retailers, Macy’s and Costco, who agreed to use Alibaba’s online platform, Tmall, sell goods to Chinese customers. Meanwhile, Ma gathered nine Chinese famous express companies and business institutions and set up a ‘China Smart Logistic Network’ called Cainiao in 2013. Cainiao ensures the shipping period of goods would no longer than 24 hours, which speeds up the online shopping efficiency. Also Alibaba invent the most revolutionary online payment function, Alipay, by using escrow, which helped buyers and sellers overcome distrust. In addition, the online money-market fund, Yu’E Bao, provides the microloans to user and roughly has 600 billion Yuan assets in total.

As a Chinese people, Alibaba indeed take a large per cent in my online shop life, the Taobao, which is a branch company, is the most mainstream shopping website for Chinese young people, customers could buy anything on it. And the Alipay is the most convenient way to transfer money that I ever used, it avoids handling charge, also faster and safer than via bank transfer.

Sources:
Clicks to bricks

The background that I want to talk today is about Nestlé, which is the largest bottled water company and international corporation, extract groundwater in B.C without paying a penny.

Since the groundwater regulation in B.C is actually quite uncompleted, Nestlé basically take pure and clean groundwater for free. Here comes lots of concerns by nearby residents that they thought it is unfair that Nestlé just take the water and then sell it back in plastic bottles which prices $1.19 and the price can almost compare with same amount of gasoline. Also they thought that the water should be a public trust.

What’s more, because of Nestlé project, locals became its employees. However, employee’s engagement would be affected by the ethics of a company. Due to locals were already concerned about Nestlé’s unlimited extraction, their engagement might have a severe degradation.

In my view, Nestlé as a huge multi-billion dollar based company, should take responsibility to protect the public resources. Rather than extracting them ceaselessly, it should be charged voluntarily even though the groundwater regulation system in B.C is not perfect for good reputation among society and essential protection of the groundwater for sustainable future use.

Sources:
‘Wild West’ of groundwater: Billion-dollar Nestlé extracting B.C.’s drinking water for free