Alibaba Weblog (Free subscription) | 08/30/2008
While many investors ask what will happen to the mainland after the Olymics, we will also ask what Alibaba will focus on after it has anounced its interim result last week. To a certain extent, the remarks made by Alibaba chief executive officer David Wei and the result itself were aimed at easing concerns over where and how the [...]
Silicon Alley Insider (Free subscription) | 08/27/2008
Alibaba Group, the Hong Kong-listed e-commerce firm 39% owned by Yahoo (YHOO), said net profit rose 159% in Q2 , helped by interest income on the proceeds from its huge IPO last fall. But all is not well in China's nascent e-commerce market, and CEO David Wei says the company, which facilitates trade between small and medium-sized firms, is seeing volumes slow. "For the next six months, conditions...
PR News Wire (Free subscription) | 08/27/2008
... we reported healthy growth in revenue and profitability, despite a weakening global economy," said David Wei, CEO of Alibaba.com. "The network effect of our marketplaces continued to strengthen. We posted steady increases in registered users, supplier storefronts and paying members, reinforcing our position as the world's leading B2B e- marketplace. Our fast-growing China marketplace continued...
Simonsays (Free subscription) | 08/27/2008
... way they dictate. Fascinating stuff. Either way this is a preamble to flag a revelatory post by David Weinberger who blogs about an important federal judge ruling that will hopefully set a legal precedent preventing companies ( Viacom in this case) from sending copyright infringement notices automatically in any instance where they pick up key words, e.g. “jon stewart” or "daily show". Not...
