Monday, August 29, 2005

Alibaba's Ma Joins Yahoo's Yang

Alibaba could give eBay a run for their money. Their B2B site is highly evolved in the international trade community. TaoBao, their C2C play is a trading site with more than 9 million registered users and Alipay is their online payment system. Now throw in a cool $1 Billion to play with and Alibaba could win big. Note: I have some friends at Alibaba so of course I'm a little biased. ;)

Allen T. Cheng and Jonathan Thaw / Bloomberg
Saturday, August 27, 2005

It started with walks along China’s Great Wall and culminated at California’s Pebble Beach resort, where Yahoo Inc.! cofounder Jerry Yang decided to make a $1 billion bet on CEO Jack Ma.

The friendship the two formed on their Wall hikes led to Yahoo’s purchase of 40 % of Ma’s privately held Alibaba, China’s biggest electronic-commerce company and No 2 online auctioneer. The question is whether the acquisition will help Yahoo overtake EBay Inc., China’s leading online auctioneer, and win more customers in the second-biggest Internet market after US.
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Friday, August 26, 2005

Search Engines Explode Abroad

Kinda tough for local search engines to compete against the behemoths. You gotta have pretty deep pockets to enter these foreign markets and swallow up the competition. Lotsa money to be made and it's only just begun. dt

By Peter Lauria
New York Post
08/25/05 6:30 PM PT
According to Internet World Stats, for instance, between 2000 and 2005, Internet usage in Asia grew 183 percent. In Latin America and the Caribbean, that number climbs to 277 percent, and in the Middle East usage rose a stunning 312 percent during those five years.

Internet search companies have gone global, and their growth is exceeded only by their potential.

Since May, Yahoo (Nasdaq: YHOO) , Google (Nasdaq: GOOG) and AskJeeves (Nasdaq: ASKJ) have bought assets in such overseas markets as Brazil, China and Italy, all with the aim of establishing leadership positions to capitalize on the Internet's tremendous growth prospects internationally.
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Monday, August 22, 2005

Portal Race Goes Local And Global

Now that there's Google Earth, MSN's Virtual Earth and Amazon's street maps with ground level photos, men really don't have to ask for directions.

Journal of Turkish Weekly, 21 August 2005

A few weeks ago, the web world was captivated by the stunning images produced by Google Earth, an interactive 3D model of the globe.

The ground detail is a montage of satellite images, which means you can zoom in to very, very high detail.

Tuesday, August 16, 2005

Search Engines Searching For Success

(China Business Weekly)
Updated: 2005-08-15 14:02

It has almost become something of a clich these days: Baidu, "the Google of China." But like most hackneyed expressions, there's an element of truth to it.

The name is on everyone's lips and with good reason. On August 5, Chinese Internet search engine company posted the highest first day trading gains on the NASDAQ since 1999. In fact, these were the biggest gains ever recorded by a foreign enterprise in the history of the US securities industry. more

Monday, August 15, 2005

Alibaba Ties up with Yahoo

Yahoo! will pay one billion US dollars in cash for a 40 percent stake in China's biggest online retailer, It's the largest online acquisition in China. CRI's Shanghai coorespondent explores what the partnership will mean for both companies and how it will affect China’s online industry.

Under the deal, Alibaba will take control of Yahoo’s Chinese internet operations.

Yahoo will get about 40 percent economic interest with 35 percent voting rights, making it the largest strategic investor in read more

Saturday, August 13, 2005

Yahoo hopes to get it right with Alibaba

The Standard
Sherman So and Tim LeeMaster
August 12, 2005

Has Yahoo finally got it right this time?

A pioneer in China's Internet market, Yahoo has never managed to capitalize on its international brand name, ready access to capital and technical expertise to become a major force in the world's second-biggest online market as measured by users. more

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