The Chinese online retailer will probably reach a market value of over $ 1 trillion in less than a decade, according to one of its early investors.
Although the Amazon competitor is currently “only” about 440 million US dollars worth, but Alibaba is still far from its peak.
According to “Bloomberg”, this opinion is at least shared by John Ho, founder and Chief Investment Officer of Janchor Partners Ltd, a fund that has been involved in Alibaba since 2012 .
John Ho explains his optimism by saying that Alibaba has just begun to realize the potential of its extensive customer and user data. Finally, Alibaba has access to a wealth of information about its customers thanks to its purchasing, food delivery, bike rental, video and Alipay payment services platforms.
Purchases in the retail business
In recent weeks, however, Alibaba has lost about 30 billion in stock market value. What deters investors was two billion retail acquisitions in particular, which weighed on the Group’s profit margins. However, Alibaba defended the acquisitions by seeking new sources of revenue. Continue reading “Within 15 Years – Is This Company Paving the Way From IPO To Trillion Dollar Company?”
Alibaba Group Holding Ltd’s entertainment arm has signed a licensing agreement with Walt Disney Co in a deal that will provide the Chinese group’s Youku video streaming platform with the largest Disney animation collection in China.
Alibaba said in a press release on Monday that the multi-year licensing agreement signed between Alibaba Digital Media and Entertainment Group and Disney subsidiary Buena Vista International Inc will see more than 1,000 Disney episodes released on Alibaba platforms which include set-top boxes.
The deal comes as Disney has faced obstacles in getting digital television content into China. In 2016, its DisneyLife online content venture, which it launched with Alibaba, was shut down by Chinese regulators less than five months after operations began. The reason for the shutdown was “The addition of Disney content greatly enriches the library of quality international content on Alibaba’s media and entertainment ecosystem, giving us a leading edge in foreign content distribution in China,” said Yang Weidong, president of Youku at Alibaba Digital Media and Entertainment Group.
Continue reading “Alibaba signs deal to offer Disney shows on video platforms”