Alibaba by YAHOO China lightning

"Forbes" yesterday disclosed:

Alibaba by YAHOO China lightning

Newspaper reporter Chen Zhigang from Shanghai

Once the acquisition is successful, the Alibaba will plan to build a very imagination -- e-commerce portal + + search + instant messaging, the Internet accounted for almost all the popular business fortress of Google fame heralded a new round of Internet economy era. In this era, Internet has matured, information tends to search for the massive, representative information acquisition mode will become dominant, "YAHOO era" category browsing, advertising revenue to support business operations business model is relatively dim

One of the biggest mergers and acquisitions in the history of China's Internet is coming to an end. This time, the initiative has become a local enterprise in china.

It is understood that the Alibaba (China) Network Technology Co., Ltd. (hereinafter referred to as Alibaba) will be officially announced the acquisition of YAHOO China all operations, including portals, YAHOO search, instant messaging and auction business etc..

Forbes, 8, revealed that through this agreement, YAHOO will own a stake of Alibaba, while the company will pay the latter $1 billion $35%.

Such a huge acquisition and investment, it is likely that the two sides will launch new cooperation in other related fields. The industry believes that the case has become a global Internet strategy will quickly change the situation.

Acquisition and strategic cooperation

Through the acquisition, the Alibaba can be YAHOO in China all the business into the bag, and the YAHOO is to hold a stake in the former, but not holding, Ma Yun entrepreneurial team (mainly 18 people) and the employees still have a controlling stake in Alibaba.

At present, the Alibaba ownership structure, in addition to Ma Yun entrepreneurial team, employees and Softbank, other shareholders include GraniteGlobalVentures, TDF, Far East Vc firm venture investment company, JAIC-Japan Asia Investment Company, Azia fund etc..

After the merger is completed, the two sides are likely to cooperate in other related areas of business. Hongkong, an investment bank, said Alibaba can take advantage of YAHOO's search technology, including future research and development of new technologies in the field.

This reporter to verify the public relations director Wang Shuai Alibaba, he refused to express any views.

Alibaba President Ma is still in the United States, the reporter can not be directly linked to himself. Reporters to verify whether MA in the United States to discuss matters relating to the acquisition of YAHOO, Wang Shuai said that Ma's trip is to participate in the meeting held here this month, an e-commerce. At the same time, Professor Zhang Weiying invited Peking University, Ma is also ready to participate in the world's top management forum held in Hawaii 8, unrelated to YAHOO.

He also said that the Alibaba recently did and YAHOO have relatively close contact, but is to be held next month in Hangzhou "West Lake mountain". It is reported that the Alibaba's main office of the fifth "West Lake mountain" will be held in Hangzhou on September 10th, the theme of "world". By then, former U.S. President Bill Clinton, President of YAHOO and other domestic and international top companies will be at the top of the.

In fact, the rapid development of Alibaba in the field of e-commerce and the status of the industry has attracted the attention of other international giants. In addition to the current possible cooperation object YAHOO, Microsoft has also thrown it hydrangea. Microsoft's MSN hand to China, quickly built from instant messaging, to the portal, to search the strategic architecture. Previously, Microsoft has taken the initiative to contact with Alibaba, hoping to cooperate in the field of electronic payments.

However, many people in the industry view, Alibaba and YAHOO marriage is not surprising, because Ma and Yang Zhiyuan has been very intersection, the two companies also have deep origins.

For example, as early as 1995, YAHOO has not yet officially stationed in the Chinese market, Ma has been YAHOO China's business agent, almost YAHOO's first agent in china. For example, the blood of the two companies, the same capital flows Sun Zhengyi Softbank capital. For example, Alibaba's current chief technology officer Wu Jiong also comes from YAHOO, is the inventor of YAHOO search engine and e-commerce technology.

Another detail can not be ignored is that in June this year, YAHOO announced to stop the auction activities on the United States on the site for a fee, let eBay fire at the backyard, objectively supported the Alibaba in the China market and eBay against ebay.

Is this a prelude to bilateral cooperation?

"The mobile phone Alibaba"

This is a community, the Alibaba will swing Chinese Internet Chess game?

It is understood that in 2004 the total revenue of about 600 million yuan Alibaba, this year is expected to double to reach $1 billion 200 million. Compared to the same period, Sina's annual revenue of $114 million, Sohu $103 million, NetEase $109 million.

According to iResearch Shanghai (iResearch) to estimate the general manager of marketing consulting firm Yang Weiqing YAHOO, Chinese income, from the original 3721 to about 150 million ~2 billion yuan, from online advertising is about 50 million yuan, the remaining income is little, add up to about 250 million yuan of the total annual income.

So, once the acquisition is completed, the total annual income of the Alibaba will be greater than any one Chinese three portals, be worthy of the name "mobile phone China Internet community".

It is understood that the current Alibaba company owned more than $100 million in cash, plus YAHOO up with dowry $1 billion, Ma, the small Zhejiang people will set off what storms in the atmosphere of the Internet?

Acquisition of a