Author Archives: YitingZhang

09/20/14

#2 Alibaba shares surge in their NY stock market debut

http://www.bbc.com/news/business-29282407

Extract:

Shares in the company made their debut in the US at $92.70 (£57), after being priced at $68 late on Thursday. Alibaba operates a series of online marketplaces in China and elsewhere, handling more transactions than Amazon and eBay combined. It is responsible for more than 80% of online e-commerce in China.( BBC news, accessed Sept. 20th, 2014)

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Taobao is the most famous part of Alibaba in China. People in China do know Taobao, the online shopping medium. Just in 11.11, 2013, Singles’ Day, Taobao created a grand record—the daily turnover researched to $8 billion( Dailymail by Simon Tomlinson 11 November 2013 ), which is about 50% the daily gross turnover of China. And this medium rebuilds Chinese people’s shopping styles.

And the Alipay, a third-party online payment platform of Alibaba, now  embedded in our daily life. Consumers can use it to pay for bills, taxi payments, credit card, in-store purchase, etc. I use it at least 3 times a week.

As for the popularity of  online shopping, e-commerce grows faster than any other field in China. Everyone wants to take a piece of cake in this market. And Alibaba also has many competitors, e.g. JD.COM, and dangling.com. But Taobao accounts for around 80%, legal monopoly in this field, referring to the chart in the Baidu Wenku. Why do consumers prefer to choose Taobao? Branding may be biggest factor; as for me, the first idea to buy something, is Taobao, branding for more choices and lower prices.

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“Taobao accounts for around 80%, legal monopoly in this field, referring to the chart in the Baidu Wenku ” http://wenku.baidu.com/view/39d57869561252d380eb6e45.html 

“the daily turnover researched to $8 billion”

http://www.dailymail.co.uk/news/article-2500413/Worlds-biggest-shopping-spree-China-set-spend-8BILLION-Singles-Day-loveless-persuaded-console-retail-therapy.html

09/9/14

#1 Is Apple Really Serious About Sustainability?

http://business-ethics.com/2014/04/27/11639-is-apple-really-serious-about-sustainabilit/

extract:

Dear EarthTalk: Apple just put out a big PR campaign about its sustainability initiatives. Has the company made real progress in this regard or is this just more corporate “greenwashing?” And how are the other big tech companies addressing their carbon footprints? — Billy A., Oakland, CA (business-enthic magazine  by admin2  April 27, 2014)

apple

 

With the issue of global warming, the environmental protection is the strategy for every country, every company and every person. And companies have the responsibility to the environment when they produce their goods and services. However, recycling is a good deal for both companies and environment, though they may pay more for collecting the used electronic products. But to some extent, this program, like Apple’s Recycling Program, build a higher reputation in consumers’ mind. Although this positive externality is invaluable, the higher brand loyalty always brings more profits to firms. Excepting this, firms may be free to pay more extra tax for environment protection, which firms should pay if they discharge pollution. And customers also get benefits from the program. These products are abandoned if there is no recycling program, and customers pay for new ones without any discount or return. But now consumers can receive gift cards if they return the iPhones, Macs; they could pay less for new goods.

Apple has a Recycling Program, If you have an extra, old, unused Apple products, if you are interested in recycle your products, press it~ OwO

PS：I am not advertising for Apple.~\(≧▽≦)/~

Recycling is the ethics that business to environment, consumers and themselves.

 

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picture from:

http://business-ethics.com/2014/04/27/11639-is-apple-really-serious-about-sustainabilit/