6 ms·
>It defies most conventional notions of a startup... It's unbelievably unfocused, it does pretty much every kind of business you can do on the Internet. It def
by xux 12y ago
>It defies most conventional notions of a startup... It's unbelievably unfocused, it does pretty much every kind of business you can do on the Internet.
It defies the Silicon Valley notion of startup. China's internet market is still new, and Alibaba is like Yahoo in the old days - it does everything online.
Hopefully it doesn't turn out like Yahoo.
- samstave 12y agoIt sells more product than both ebay and amazon combined.
- adventured 12y agoWhile we're having fun with numbers that don't make much sense to compare given the differences in businesses... Apple generates ~1,000% more net income than Alibaba (projected 2014). Amazon has about ~900% more revenue than Alibaba. Apple has about ~2,000% more revenue than Alibaba. eBay does 100% more in revenue than Alibaba
- theklub 12y agoCrazy part is how much illegal stuff they sell. (knockoffs and fakes)
- rebelidealist 12y agoIts not fair comparing Amazon's revenue vs Alibaba. Alibaba doesn't sell products they take ad fees. Which means the product price itself isn't part of the revenue. It is more fair comparison with Ebay's revenue numbers.
- majani 12y agoand if you look at Alibaba history, Jack Ma was admittedly one of the speculators who rushed online in 1999 to make a buck. Silicon Valley historians heads must be spinning :)
- hbbio 12y agoIt doesn't turn like Yahoo. Yahoo made the super wise decision to buy part of Alibaba a few years ago, and now the whole Yahoo is worth nothing more than its share of Alibaba!