Sunday, March 30, 2014

Alibaba & China’s Big Internet Players

Alibaba And China’s Big Internet Players | On Point with Tom Ashbrook:

"Alibaba is coming to the U.S.A. The Chinese Internet giant – China’s Amazon and more – is coming to Wall Street for an IPO. A giant stock offering. Maybe the biggest tech offering ever. 

 It’s opening a huge window into China’s alternate Internet universe:
  •  Alibaba as its Amazon. 
  •  Baidu as its Google. 
  •  Tencent as its Facebook."

At start functional "clones" of American internet companies,

in China this is an efficient collaboration with government...

Online trade bigger and more important than brick & mortar retail...