Category: Money tips Release Date: 2007-04-12
"Jaba" incident has once again proved the value of China's Internet industry in gold.
On the other hand, Alibaba acquired Yahoo China also means that the Chinese e-commerce companies have been acquired by foreign investors almost the same.
In June 2003, Ebay for 180 million U.S. dollars acquisition of eBay, indicates that China's competitive e-commerce has entered a new phase, the same year, Alibaba seized the opportunity to quickly start a Taobao, Alipay and other products, these products directly with the Ebay and paypal compete.
In August 2004, Amazon announced the acquisition of Excellence Limited, trading value of approximately 75 million U.S. dollars, involving about 72 million U.S. dollars in cash and employee stock options.
In August 2005, Yahoo made by Alibaba in disguise Taobao 60% of the absolute control status.
In a sense, half of China's e-commerce companies controlled by the hands of foreign giants.
The only remaining people still rests in the hands of their own e-commerce sites also left Dangdang, HC and so on.
Chinese e-commerce website into a more competitive international stage.
Yahoo choose to Alibaba such a versatile e-commerce may be a change in China's progress in the past, Yahoo unfavorable situation.
The combination of Alibaba and Yahoo China has given us many more imagination, the future is too far away, let us compare the horizontal Yahoo neighbors of this strategy in our Japanese results.
Yahoo Japan is owned by Softbank, Softbank Yahoo Japan to operate a bang, not only blocked the search market in Japan, Google, also the Japanese blocked the Ebay.
Now, Yahoo China's old trick again, first one hundred million U.S. dollars acquisition of 3721, and now 10 billion acquisition of Alibaba, Yahoo has played its best at the capital strength, although not as comprehensive as Ebay and Amazon acquired a Chinese e-commerce businesses, but Yahoo's ambition is clearly much larger purchase.
Jerry Yang's Asian empire, thus also entered a new period.
