#alibaba

A public listing has never been our goal. It is one important strategy and vehicle for fulfilling our mission. It is a gas station along the road to the future. But Aliren should be conscious that, lying behind the massive allure of the capital market, there is unparalleled ruthlessness and pressure. In this market, only a small number of outstanding enterprises can maintain a gallop.
Jack Ma, the chairman of Alibaba, in his letter to employees (Aliren) following the company’s IPO prospectus. The whole thing is a great read.
If I were Amazon I’d be selling the hardware, not the content.

Shaun Rein, the managing director of China Market Research Group, speaking to Bloomberg.

It’s interesting just how poorly Amazon is doing in China. This can be seen two ways: either they’re being out-Amazon’d there by Alibaba and will never be able to crack the country (just as eBay couldn’t). Or the massive upside if they are able to crack China eventually.

But, as Rein’s quote indicates, Amazon may have to flip its content-driven model. It’s hard to subsidize hardware with content sales when people refuse to pay for content.

Dow Jones:

Alibaba said that Acer “was notified by Google that if the product runs Aliyun OS, Google will terminate its Android- related cooperation and other technology licensing with our partner….We regret Google’s action.”

So much to say on this. For now, let’s just say that the words “terminate” and “open” should never go together.