Alibaba runs as a public company since Sep 19 2014.  It is the first E-commerce company in China, which established in 1999 by an English teacher Jack Ma. Furthermore, they introduced the first online tool of payment. Alibaba makes shopping more convenient and all the buyers and sellers are better off.

Alibaba is the best example of the first mover advantage. In 1999, Internet has not been used by people, but Jack Ma was thinking about the online service. Several years latter, Amazon became popular, people were more likely to accept this new kind of service. Then, Taobao established, which created the first B2C platform in China.

Nowadays, most of people in China cannot live without Taobao, because you can find everything you want here. Customers receive their goods in 1~5 days without going outside. On the other hand, the success of Taobao achieved also facilitate the express in China. From now on, although there are so many E-Commerence companies appear and sell their product online, Alibaba still takes the largest market share of E-Commerce.

Therefore, business who want to be succeeded should be innovative and try to be the first arriver in their area, so that the business have time to explore the market and build a good public image among customers just like Alibaba.

Link: http://www.alizila.com/gone-baby-gone-alibabacom-public-company-no-longer