Alibaba Vision and Mission
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Alibaba Group, established in 1999 by 18 founders including charismatic leader Jack Ma, has grown into the largest e-commerce company in China, boasting a significant presence with approximately 22,000 employees across several countries. The company facilitates global trade through various platforms like Alibaba.com, Taobao, and Alipay, aiming to simplify business for small and medium enterprises (SMEs). Alibaba's mission is to make it easy to do business anywhere, addressing the challenges faced by SMEs in procurement, sales, and marketing through innovative technology.
Alibaba Vision and Mission
- 3. Tea House Hangzhou, China An Unlikely Story
- 4. The Alibaba Story The beginning was just a dream. . . . . • Established in 1999 • 18 founders • A “Band of brothers (and sisters)” • Big hopes, big dreams • Charismatic leader
- 5. Alibaba Group: A Time-tested Team Employees: About 22,000 Offices: Corporate campus in Hangzhou plus more than 60 offices in mainland China, Hong Kong, Taiwan, Korea, India, Silicon Valley and London 1999 2011 Employees: 18 Office: Jack Ma’s Hangzhou apartment . . . And a decade later, Alibaba Group has become the largest e-commerce company in China and a family of Internet-based businesses
- 6. An E-commerce Ecosystem Third-party online payment platform Chinese Internet portal One-stop platform for shopping, socializing and information sharing B2B marketplaces Alibaba.com Limited (HK stock code: 1688) Taobao Alipay Alibaba Cloud Computing China Yahoo! Data-centric cloud computing services
- 7. Alibaba.com
- 8. Suppliers International Marketplace 14.9 million members* China Marketplace 41.8 million members* • Companies of all sizes • Entrepreneurs, e-retailers, buying agents, MNCs, etc. • Diverse end markets • Typically small businesses • Ten to a few thousand employees • 10,500+ product categories in 40+ industries * Company data as of September 30, 2010 Buyers To make it easy for small companies to do business anywhereMission Japan Marketplace Alibaba.com is a global leader in business-to-business e-commerce What Is Alibaba.com?
- 9. Alibaba.com Mission and Vision Mission To make it easy to do business anywhere (让天下没有难做的生意) Vision To solve the challenges of small businesses in procurement, sales and marketing, management and financing through information technology.
- 10. Big SME market: ~42 million SMEs in China ~22 million SMEs in the U.S. ~13 million SMEs in India ~4 million in Japan Critical to global economy and trade China U.S. Japan India ~ 60% of GDP ~ 50% of GDP ~ 55% of industrial production ~ 17% of GDP ~ 70% of Import/Export Volume ~ 70% of Export Volume ~25% of Export volume ~ 40% of manufacturing output ~ 80% of employment ~ 70% of employment ~70% of employment ~50% of employment SMEs: Engine of Growth of Any Economy
- 11. Key Operating Data No. of registered users (million) Total registered users No. of storefronts (million) Total storefronts No. of paying members Total paying members 578,901 712,867 750,937 Q3'09 Q2'10 Q3'10 6.07 7.81 8.20 Q3'09 Q2'10 Q3'10 45.28 53.44 56.72 Q3'09 Q2'10 Q3'10
- 12. A Truly Global Marketplace Alibaba.com’s 14.9 million international registered users come from more than 240 different countries and regions * Company data as of September 30, 2010
- 13. Our Business Model = Membership Subscription + VAS Business Model
- 14. Build – Invest in building our team globally • China – Hong Kong • Santa Clara, California – U.S. • U.K. – London • India – Mumbai, Delhi, Chennai, Amenabad Build Partner Buy Global Expansion Strategy
- 15. Global Expansion Strategy Partner – Associated company and resellers • Alibaba Japan (Associated company formed in collaboration with Softbank) • Korea: eSang • Turkey: The LOGO Group • Vietnam: OSB • Malaysia: Infodata Group • Brazil: Ludatrade Build Partner Buy
- 16. Global Expansion Strategy Build Partner Buy Partner – Government collaboration • Korea: KOTRA and SMBA • Turkey: IGEME • Vietnam: VITIC • Taiwan: TAITRA Export promotion leads to job creation!!
- 17. Buy – Strategic acquisitions to accelerate growth • • Global Expansion Strategy Build Partner Buy
- 18. Customer First Teamwork Embrace Change Passion Integrity Commitment A Value-based Company