Comments on: Alibaba Set to Be Second Biggest Internet IPO Ever

By: MFG.com Raises $26 Million From Fidelity Ventures, Goes After Alibaba

MFG.com Raises $26 Million From Fidelity Ventures, Goes After Alibaba — Mon, 02 Nov 2009 20:51:15 +0000

[...] has been known to talk smack about Alibaba, which recently had a successful IPO. He tells me: The Alibaba model (directory [...]

By: Alibaba Turns 10 – Aims To Create 100 Million Jobs, Employ 10 Million People | Filme Gratis Filme Moca

Thu, 17 Sep 2009 15:36:08 +0000

[...] Internet company, after digital entertainment giant Tencent. His company Alibaba.com’s 2007 IPO on the Hong Kong stock exchange was the second largest Internet offering ever after Google’s debut on NASDAQ in [...]

By: Alibaba Turns 10 – Aims To Create 100 Million Jobs, Employ 10 Million People | Trinitude Network

Thu, 17 Sep 2009 01:37:48 +0000

By: Alibaba Turns 10 – Aims To Create 100 Million Jobs, Employ 10 Million People | GeekStream

Wed, 16 Sep 2009 08:45:21 +0000

By: Alibaba Turns 10 – Aims To Create 100 Million Jobs, Employ 10 Million People | ScooperNews.com

Wed, 16 Sep 2009 08:32:15 +0000

By: Alibaba Turns 10 – Aims To Create 100 Million Jobs, Employ 10 Million People

Wed, 16 Sep 2009 08:01:15 +0000

By: Martin Braun

Martin Braun — Thu, 30 Jul 2009 04:08:45 +0000

ost Americans haven’t realized yet and what most non Americans are now starting to understand more clearly, as Chinese companies and bodies wash up dead on the beach, one after another, as a result of lawlessness, bribery and collusion with government, is that Western companies have one big, fat advantage that Eastern , especially Chinese and Russian companies lack.
The West has a functioning civil legal system, where individuals and business’s can be called to account by other businesses or individuals. Under well defined laws, Western courts, in which no individual or business can obtain the sort of advantage that companies buy in China, or in the Former Soviet Union and it’s clone satellites by flashing wads of cash under the right noses.
Such countries may sound wonderful to many businessmen in theory, but in reality, there is always someone bigger and greedier than you and if you cannot rely on the government to support your legal claims then you are operating in a moral desert.
No money, no property and no person is safe in a place where the ruling power is not the gun but the size of someone’s wallet and who they went to Communist Youth camp with.
We westerners should take a moment to realize just how lucky we are to have a system of civil laws that function so well that we can usually go to sleep in the knowledge that our differences will be settled in a courtroom and not in the back room of a bar between drunken government cronies who want to to strike it rich and , already having killed millions of people in labor camps, have no compunction about killing a few more foreigners and educated Chinese to make ends meet.
The next time you curse US or Western courts, just remember what a jungle the world of business would be without any legal regulations, all of which were pioneered by British and American courts.

By: Brent

Brent — Mon, 05 Nov 2007 21:04:27 +0000

I want to buy stocks for Alibaba when it goes available. I live in US and not sure how to buy a stock listed in Hong Kong exchange. Anyone knows how to do that? Also, what about their pink sheet symbol etc etc? These are the terms brokerage firms I called were mentioning.

By: Aubrey

Aubrey — Sun, 04 Nov 2007 21:27:59 +0000

I hate shark fining. I know that as a 100% fact, Alibaba supports shark fining. It is a terrible thing and should be stopped. If you want to know how terrible it is, and why we need sharks in our world, read a story that Peter Benchley wrote called The Day All The Sharks Died. It can be found in his book “Shark Life.”

By: Ila France Porcher

Ila France Porcher — Wed, 31 Oct 2007 04:58:53 +0000

What a comment on our business community that it is powered by criminals. Ali Baba is accumulating a whopping load of bad karma. Wait till you die, Jack Ma!

Ila France Porcher
French Polynesia
Shark ethologist

By: Wolfgang Leander

Wolfgang Leander — Wed, 31 Oct 2007 01:52:10 +0000

This IPO frenzy is crazy: So many people hungry for a quick buck! Well, nothing wrong with that. But I guess you should also know that Alibaba is heavily involved in a highly controversial business: they act as online shark fin brokers. They have over 300 members who deal with shark body parts and use the Alibaba platform to hawk their merchandise. Have a look:

http://www.cels...rk-fin-traders/

By: Inbox del martes 30/10 « ConsumoWeb

Inbox del martes 30/10 « ConsumoWeb — Tue, 30 Oct 2007 22:37:51 +0000

[...] Alibaba saca su IPO al mercado (link) [...]

By: HonestForum

HonestForum — Tue, 30 Oct 2007 06:06:01 +0000

Buying Wholesale clothing from the web sucks!

When I look at the clothing and accessories sections on Alibaba, I see a lot of fakes.

fake true religion jeans:
fake timberland shoes:
fake coach handbags:
fake nike’s:

Three years ago I began to sell designer clothing on eBay. Over a 10 month period I contacted hundreds of “suppliers”. 99.9% of these people were scammers selling counterfeight goods from china. I would order wholesale lots and they would turn out to be fake. I started our own site for authentic wholesale items, but as it turns out there really aren’t any suppliers who can deliver designer clothing. Today we just deal with individual items.

So yea, Alibaba is rockin in the cash, but I would never recommend anybody who is interested in designer clothing to deal with them. Its just another marketplace flooded with fakes similar to ebay.

Feel free to contact me if you have any questions.

Dave Craige
http://www.honestforum.com
davidcraige –at– gmail

By: fadbook

fadbook — Tue, 30 Oct 2007 02:29:17 +0000

Yes I too heard about lot of scammers on Alibaba from somebody who has done business there.
It should be used only to get leads but it is upto you to verify the quality of the lead

By: Serkan / Tokyotronic

Serkan / Tokyotronic — Mon, 29 Oct 2007 21:36:56 +0000

Don’t forget Japan’s uber-SNS “mixi” which raised 1.9 billion US Dollars in its IPO in September 2006.

Mixi is also the first Web 2.0 company in the world which went IPO.

By: Rajan Tawate

Rajan Tawate — Mon, 29 Oct 2007 17:54:32 +0000

Looks like the next sweep of web startups will be from the asian continent.

http://www.meetingflex.com
Social Networking + Video – Crap

By: The Foo

The Foo — Mon, 29 Oct 2007 17:44:34 +0000

I used Alibaba a couple of years ago and there were quite a number of scammers there. Had 3 experiences, one good and twice I was scammed and cheated (even with how careful I was — guess was not careful enough). If not for my bank stepping in to help get my funds back and getting a local to help, I would have kissed my money goodbye.

Most of the wholesalers there don’t take escrow as they are from another country and their purchase terms are “payment first, send goods after”. I am not sure how it is now but they really should start an option for international escrow to safeguard the buyer.

In my mind, there isn’t really much in place to protect/ safeguard the consumer/ buyer. Yes, there are so called gold suppliers which have to show credentials but I still question the policing the suppliers as trade licenses can still be faked. The scamming and problems I encountered were actually from those so called Gold Suppliers. My suggestion would be to have a system like what Paypal offers with its payment complaint system so that your money is at least safe and to mandate an international escrow system for suppliers (as there are huge amounts of money involved).

I suspect that Alibaba also sells your email addresses to companies too (without your consent) as I am still regularly getting offers from alibaba suppliers although I closed my account more than a year ago. And I know it is from Alibaba as I used a specific email address to register on their site.

Don’t get me wrong, there are probably good suppliers out there too. Bottom line is that it is a good marketplace to find suppliers but a bad one interms of buyer and consumer protection as there isn’t any proper policing in place. Customer service is dreadful too. If you get scammed or cheated, you are basically on your own. Is that how it is or am I missing the picture of what it supposed to be?

Saying that, it must be doing pretty well to float an ipo that high but I pity the select group of buyers that experience what I have — as there is nothing you can do about it legally. THAT is one major drawback with trading with someone from another country, especially if you aren’t a big corporation without the legal muscle and money to fight against the cheaters and scammers. This sort of thing can make or break smaller companies.

By: magnusdopus

magnusdopus — Mon, 29 Oct 2007 17:11:38 +0000

It’s cheaper to buy Yahoo now then buy Alibaba IPO shares later.

By: exapted

exapted — Mon, 29 Oct 2007 17:03:20 +0000

First

Alibaba.com is only the B2B portion of the Alibaba group’s business. So there may be another IPO for Taobao and Alipay in the future. Is Alibaba really worth 10 billion USD or so? Or is this the big IPO for the Alibaba Group?

By: Top Web Celebrities : Who’s getting attention online? » Blog Archive » Jack Ma: Raising Alibaba’s Standards

Mon, 29 Oct 2007 17:02:18 +0000

[...] technology operator, the company said in a preliminary prospectus for the Hong Kong listing. TechCrunch reports that it will be the second biggest internet IPO [...]