Counting ten highlights-listed Alibaba Alibaba, Ali listed Alibaba-IT news
Counting Alibaba ten highlights

September 6, Alibaba group was disclosed in the latest prospectus additions files circulation, finance, price ranges, and other key information: Alibag per share IPO price ranges for the United States deposited $ 60 to $ 66 a share.

In this calculation, Alibaba IPO likely to be United States largest IPO in history, Ali will also become the world's third-largest Internet company by market capitalisation, behind Google and Facebook.

Since May, Ali to the United States Commission (SEC) IPO Prospectus were submitted and updated several times, now to fix these files what are they watching.

1, China and the biggest IPO

Added to this update file, Alibaba will range up to 60 to 66 cents per share, according to estimates, the Alibaba Group's valuation at around $ 1,.54,216,98e,+15, the highest raised $ 24.3 billion. By way of comparison, in China, is dubbed the largest IPO in the history before only the banking and energy sectors, such as China Shenhua 66 billion yuan, agricultural Bank of China is 68.5 billion yuan. United States Championship is the payment card VISA,2008 year IPO raised $ 17.9 billion, followed by 2012 around Facebook160 billion IPO, the Ali of 24.3 billion raised, gorgeous to spike before the waves on the beach.

2, the world's third-largest Internet company

Maximum price $ 66 estimate, Alibaba's market capitalisation of $ 169.8 billion, the company will become the world's third-largest Internet company by market capitalisation, behind Google and Facebook.

In China, Ali and the company's market value, in the Hong Kong-listed Tencent's market capitalisation of 1,201,252,000,000 (US $ 155 billion), far exceeds that of other United States listed other Chinese e-commerce company. At present, in the United States listed Kyoto could fetch about $ 40 billion, while the demon vipshop is $ 116, Ali, roughly equivalent to 4 East, 14 vipshop.

3, a three-year valuation increased by four times

In accordance with the share price of us $ 66, the company is valued at about $ 169.8 billion, and in September 2011, when Ali started the morning plans to raise, then valuations more than 35 billion dollars, according to this calculation, today's valuations are 4.85 times times three years ago, five-year market value skyrocketed. Therefore, do not say Ali Yahoo and SOFTBANK investment earlier, the new shareholders of the last three years were highly profitable. CIC stake in Ali's two year old earned 4 billion receipts amounted to us $ 400%.

4, rapid growth in revenues, gross profit margin higher

Ali valuation up to 4 times more than doubled from three years ago, camp was a major reason, of course, increases busing up quite a bit.

Fiscal year 2014 revenue 52.504 billion yuan, an increase of 52.1%, 234.03 million profit, an increase of 170.6%. This year, Ali platform on finished goods sold totaled about 1.68 trillion yuan, compared with fiscal year 2013 by 55.8%; number of active buyers reached 255 million in 2014 alone increased by 23 million in the first quarter.

As far as turnover, analogy is Jingdong Mall. Taobao 2014 fiscal year total turnover amounted to 1.172 trillion yuan, cat fetched a total of 505 billion yuan. Jingdong 2013 annual total turnover of 125.5 billion-cat-day equivalent of 4 Jingdong, Taobao are 9 East of Beijing. Such analogies, Alibaba's market capitalisation is equal to four East of Beijing is also reasonable.

In such a large base of case, Ali's volume is still growing rapidly. The first quarter of 2014, Alibaba platform commodity turnover rose 46.3%. Particularly dramatic day cats and platforms of growth, in the first quarter of 2014, cat-season deals totalling 135 billion yuan, an increase of 91%.

Along with its e-commerce business growth comes the prospect of substantial and, in addition, last year, Alibaba hand mergers and acquisitions frequently, territory rapid business expansion is the reason their valuations improve.

5, Ali shareholders tend to hold stocks.

'S two largest shareholders: Masayoshi Son of SOFTBANK continues to own equities. Yahoo will sell 4.9% shares, continue to hold 16.3% shares.

While the 2012 stakes in a few companies choose to sell a small number of stocks. For example, CIC will sell 0.6%, still holding after the sale 2.1%; national development banks: sold about 0.2%, still holding after the sale 0.8%; CITIC capital: sold about 0.2%, still holding after the sale 0.8%.

6, 30 partners

Alibaba group added 3 new partners. And unveiled in June the 27 partners, there are now over 30 partners Ali.

Added three partners, two technicians, now comes as senior researcher Cai Jingxian and PayPal "legendary architect" Ni Hang. 818 Ni Hangjun he was PayPal first people of the Streaker. Typically look for a piece of business applications is the Alibaba group, said even PayPal executives speech, did not forget to praise one applications for service.

30 partners in the management of more than more than 20 of them belonging to the Alibaba group. They include: the founder grew up together, and the company's managers (2004, founder of access before the company's non-management), as well as introduce professional management talents from the outside.

The famous "18 arhats", enter the partner's Jack Ma and Tsai, Wu Yongming, Peng Lei, and Dai Shan, and Jin Jianhang, and Eva Jiang.

There followed Ali was in the year 2004, a partner in the company, the company imported from the community of top managers, dealing with financial, legal, technical and other professional fields.

Last year, Alibaba Chief Chief of staff said, Ali partners may be of two hundred or three hundred members in the future, in order to attract more young people to come in.

7, who are members of the Board of Directors?

Alibaba group of listed companies ' Board eventually will have 9 members, including Jack Ma and Tsai, Lu, Zhang Yong, 4 people as an Executive Director. Nominated Masayoshi Son of SOFTBANK Group as a non-Executive Director. But Jerry Yang, Tung Chee-Hwa, Guo Deming (Walter Kwauk) and Michael Evans was invited to enter the Alibaba Group's Board as independent non-executive directors. Previously, Jack Ma, Alibaba Group's Board of Directors is composed representatives of, Tsai and SOFTBANK Group SOFTBANK and Yahoo representatives Jacqueline. Sethe (Jacqueline d. Reses) 4 persons.

It is worth mentioning that, although 30 Alibaba partners have "exclusive nominating most of the Board members" (the nominate a majority of the Board members, 9 of may nominate at least 5 people), but updated as June's prospectus, list of Board of Directors, nine Board members Ali partner in only four places does not fully exercising their rights.

8, multiple benefits of gambling

In the prospectus and update at the same time, MA has also sent an open letter to investors. Ma said that over the past 15 years, Ali is not easy, skating on thin ice every day, has to face complicated situations, balance and coordination of interests: the interests of buyers and sellers, the competition among sellers, entrepreneurship and the relationship between regulators, pioneering and innovative and conservative ties.

Ma also said "I was full of controversy, the founder of around I won't lack many troubling issues and controversies. "Remember PayPal after the storm, Jack Ma, there was concern in the United States credit-bankrupt, but in two or three years ago, in the process of financing, the participation of a number of top international investment banks clearly prove that concern it was unfounded.

9, short-term results and long-term benefits of balance

In addition, Alibaba listed companies also need to balance the relationship between short-term and long-term performance requirements before, Ma said, "we want is a long-term rather than short-term stock speculation by investors. “

The Ali Baba of persistency partner system in the first place. Last September, seeing Kim with Zeng Ming Ma. Two explains: "the core is to their long-term interests, not subject to the short-term pressures of capital markets. ”

Kim understood their concerns, he said, often the pressure of quarterly financial reports of listed companies.

"Such a behavior in the short term, with a long history of conflict between enterprise development and become a modern enterprise with one of the biggest capital market problems. "Zeng Ming added.

10, the NYSE and NASDAQ

What's interesting is that Chinese Internet companies, like Baidu, NetEase, Jingdong, 360, Sohu, Sina, without exception opted to list on the NASDAQ stock market, Ali has decided to propose listing on the New York Stock Exchange.

On this issue, I have asked before NASDAQ Asia Managing Director Xu Guangxun. Xu nasidana for many years, he explained, the NYSE and NASDAQ have advantages. New York Stock Exchange for more than 200 years of history, the listed threshold is relatively high, many of the world's top 500 companies are listed on the New York Stock Exchange. Founded in 1971, the NASDAQ-listed threshold is more flexible, it attracts a large number of high-tech companies with growth potential.

According to foreign media reports, Alibaba will begin on September 8, road shows, and on September 19.