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2018 | OriginalPaper | Buchkapitel

Case V: Alibaba: A Decade-Long Road to Financial Services

verfasst von : Xiaoming Zhu

Erschienen in: China's Technology Innovators

Verlag: Springer Singapore

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Abstract

In September of 2012 during Alifest, Jack Ma the founder of the world’s largest E-commerce platform, Alibaba group, decided the future of the company would focus on three core businesses ‘platform, finance, and data’. Since then, Ali has been very active in the field of finance, simultaneously extending new business, launching new products, adjusting their organizational structure and much more.

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Fußnoten
1
Alibaba Group Brief Introduction, Chinese Broadcast Network, March 25, 2014.
 
2
Alipay’s ‘big ambitions’: Chinese Finance ‘agitators’, China Business News, June 18, 2013.
 
3
Note Well: In august of 2014, Alibaba group announced in the new prospectus, according the new agreement of micro finance, that they will share the per tax profits of micro finance as well, not only just with Alipay. Correspondingly, the share of pretax profits that Alibaba group received from last version of agreement were adjusted from Alipay’s 49.9% to Micro finance group’s 37.5%. In addition, Alibaba group sale small enterprise credit business to Micro Finance Service, the consideration is 321 million RMB plus 7 years annual fee in order to avoid the risk of finance and supervision.
 
4
Ali established Ant Micro Finance Service Group, Beijing Times, October 17, 2014.
 
5
Alipay official analyzing data, February 8, 2014.
 
6
Alibaba Group Business Development History, Snow ball effect.
 
7
AliFiance’s Previous and Present Life, China Business News, March 29, 2013.
 
8
Alipay Become the Biggest Mobile Payment Company in the World, Today Morning Express, February 11, 2014.
 
9
Payment War of UnionPay and Alipay, Tiger Sniff Website, March 17, 2014.
 
10
Alipay Launched ‘future hospital’ O2O to guild an online Medical Dream, Communication Information News, May 6, 2014.
 
11
Alipay goes to internationalized and launched oversea drawback service, China Business Website, June 15, 2014.
 
12
AliFiance’s Previous and Present Life, China Business News, March 29, 2013.
 
13
Ali petty loan published some core data to cooperate with bank again, Financial Report of the 21st Century, July 23, 2014.
 
14
Bank Is Devising Petty Loan Market, PK with Ali Petty loan Who Will Win?, China Securities Website, January 14, 2014.
 
15
Yu Shenfa Become General Manager of Ali Petty Loan, Opened Partly Core Data, Financial Report of the 21st Century, June 23, 2014.
 
16
AliFiance’s Previous and Present Life: Data and Network ‘speak’, China Business News, March 29, 2013.
 
17
Three Mr. Ma Selling Insurance, Do You Trust Them?, Shanghai Evening Post, February 21, 2013.
 
18
Deconstruct YuEbao Ceiling: Survival Pressure of Jumbo Has come, The Economic Observer, January 26, 2014.
 
19
Standardize Bank Deposit YuEbao is ‘On the List’, Shanghai Securities News, February 28, 2014.
 
20
Alipay official analyzing data, February 8, 2014.
 
21
P2P Network Loan Prosperous future, SOHU Securities, May 28, 2014.
 
22
Ali Exclusively Explain the Absence from First Private Bank, Financial Report of the 21st Century, July 31, 2014.
 
23
Ali Exclusively Explain the Absence from First Private Bank, Financial Report of the 21st Century, July 31, 2014.
 
24
China Citic Bank Faster Layout Of Internet Finance POS Online Loan defuse Petty Loan financing difficulties, Hexun Website, January 24, 2014.
 
25
2014 Fiscal Year Second-quarter Earnings, Tencent, August 13, 2014.
 
Metadaten
Titel
Case V: Alibaba: A Decade-Long Road to Financial Services
verfasst von
Xiaoming Zhu
Copyright-Jahr
2018
Verlag
Springer Singapore
DOI
https://doi.org/10.1007/978-981-10-5388-7_5

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