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Alibaba worth more than Google?

Discussion in 'Google' started by bhushna22, Oct 24, 2007.

  1. #1
    i was going through todays paper , there i read that alibaba which is china's largest e-commerce company has launched what is said to be one of ther worlds most expensive initial public offering which will raise upto 11.60billion HongKong dollar (1.49$ billion) through a share sale priced at a much higher valuation than investors paid for google when it came public.

    so beware google as it is presently the biggest in e-commerce trade so lets wait and watch
    SEMrush
     
    bhushna22, Oct 24, 2007 IP
    SEMrush
  2. Blogspotter

    Blogspotter Notable Member

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    #2
    If google were to go public today, and not then, then it would be at a much higher price :)

    If you talk about the past, when google started, people who cut 100K checks have encashed Billions already :)
     
    Blogspotter, Oct 24, 2007 IP
  3. bhushna22

    bhushna22 Banned

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    #3
    that true man but who knows this a china based company no one predict china people and then too they also are becoming king in export trade so they have some chance of becoming no1
     
    bhushna22, Oct 24, 2007 IP
  4. nickstan

    nickstan Peon

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    #4
    actually people did predict China to raise one day based on its population just it ain't mainstream news back than.

    Hey with the things are going like the recent Great Firewall Of China blocking off Goolge, Yahoo and MSN from chinese visitor and diverting them to baidu, it's not that fair of a competition ;)
     
    nickstan, Oct 24, 2007 IP
    usasportstraining likes this.
  5. crownrahul

    crownrahul Well-Known Member

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    #5
    yes, you are right, alibaba more powerful e-commerce portal for all business.
     
    crownrahul, Oct 24, 2007 IP
  6. coolvision

    coolvision Active Member

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    #6
    Alibaba is I think Import Export king.
     
    coolvision, Oct 24, 2007 IP
  7. bhushna22

    bhushna22 Banned

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    #7
    yeah it is an import king but as we all know china sells their product at very cheap price so i thing it is an export king
     
    bhushna22, Oct 24, 2007 IP
  8. alemcherry

    alemcherry Guest

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    #8
    Google has nothing to worry about it. They operate on totally different niches!
     
    alemcherry, Oct 25, 2007 IP
  9. abhishekdaaga

    abhishekdaaga Guest

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    #9
    Why will google want to worry... see their YOY basis improvement in profits/sales and see the mktg expenses which is almost nil compared to their revenues and increase in revenues..
     
    abhishekdaaga, Oct 25, 2007 IP
  10. Freewebspace

    Freewebspace Notable Member

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    #10
    No way it is worth more than Google

    Google caters to the whole world but Alibaba caters only to China!

    So in my opinion Google is worth more than Alibaba
     
    Freewebspace, Oct 25, 2007 IP
  11. bhushna22

    bhushna22 Banned

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    #11
    i said that it will be worth and not is worth so wait and watch as we all alibaba is also a strong site so we cant predict what will happen
     
    bhushna22, Oct 25, 2007 IP
  12. mgrohan

    mgrohan Active Member

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    #12
    Alibaba has acquired yahoo china, so they are also in the search business. China will most likely have the most internet users in the future. Therefore they share the same niche and a large one at that.

    Alibaba is the world's leading b2b website, very much a global site.

    But yes, at the moment i do not see the value of Alibaba being that much greater than Google.
     
    mgrohan, Oct 25, 2007 IP
  13. eruct

    eruct Well-Known Member

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    #13
    bhushna, your original quote is wrong.
    Google is currently the Biggest IPO ever offered and will most likely stay that way.

    -from CNNMoney.com
     
    eruct, Oct 25, 2007 IP
  14. Remotay

    Remotay Well-Known Member

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    #14
    100k Investment at google on IPO of 50$ = 13x Gain. Meaning 100k Becomes 1.3 million. NOT BILLIONS. Math if your friend.
     
    Remotay, Oct 25, 2007 IP
  15. zxpro168

    zxpro168 Peon

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    #15
    It is absolutely pandemonium over here in Hong Kong at the moment. The stock market went up by 40% within 2 month and everybody has unadulturated greed in their eyes, including myself! Everybody is talking about stocks, stocks, and stocks everywhere during anytime of the day!

    http://www.iht.com/articles/2007/10/18/business/wbmarket20.php

    China now has the most valuable companies in the world and has got more $200 billion companies than the U.S. Most of the companies you would not have heard of e.g.

    PetroChina, second most valuable company in the World after Exon Mobile. After its IPO in China next month, its stock price is expected to double again to become the most valuable company in the world
    China Mobile, third most valuable and the most valuable telecommunications company in the world
    ICBC - 4th most valuable and the most valuable bank in the world
    Air China - most valuable airline in the world.

    At this rate, it is quite safe to bet that the stock price of Alibaba will double on the day of its IPO. It shoud be more valubale than Google within a year to become the most valubale Internet company in the world. The Chinese really expect to dominate world business in a few years.

    Of course, it is one of the largest bubbles ever seen, like the Japanese stock and propery bubble of the eighties. Nobody knows when it will burst but when it does, it will end in utter misery for millions with effects felt worldwide. I just cannot imagine the consequences....
     
    zxpro168, Oct 25, 2007 IP
  16. ian_batten

    ian_batten Well-Known Member

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    #16
    That's so depressing. The 2 times I have dealt on Alibaba I have lost money, and been totally scammed.
    Not only did Alibaba not give a shit, but it was from a supposed Gold seller. Within a week or so there was no sign of them on there.
    I don't understand how it can be worth so much if it is so well known for scammers.
     
    ian_batten, Oct 26, 2007 IP
  17. zxpro168

    zxpro168 Peon

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    #17
    The latest news is that Alibaba has soared 135% on debut!

    http://edition.cnn.com/2007/BUSINESS/11/05/alibaba.debut.ap/index.html

    But this is tiny news compared to PetroChina, which has just become the most valuable company in world. It is now the first ever company to worth a trillion dollars! It is now worth more than twice that of Exxon, the second most valuable company in the world.

    http://www.bloomberg.com/apps/news?pid=20601080&sid=aA1jwRD9tCuA&refer=asia

    To see how stunning this all is, PetroChina is now worth more than the GDP of Russsia. It is worth more than the entire whole Russian stock market! Just who would have thought that a few years ago, China would have the most valuable companies in the world?
     
    zxpro168, Nov 5, 2007 IP
  18. seconnection

    seconnection Peon

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    #18
    To be honest im not a fan alibaba. Was looking at buying some mp3 stuff and every seller looked like a scammer of some sort. Just a gut feeling really. There is alot of bad press on alibaba
     
    seconnection, Nov 5, 2007 IP
  19. schumi0008

    schumi0008 Guest

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    #19
    whole alibaba includes five parts:alibaba B2B,Taobao.net(C2C in China),Pay a treasure(pay way in China),ali software,China yahoo.but note:eek:nly alibaba B2B go to stock at HK,of course it sold some other stocks together,but still not all alibaba,besides yahoo.cn has direct competition,alibaba b2b will stand its point at products search from China,for now ,just in China,which'll cause trade between Chinese suppliers and importers from other counties.

    still a long road to go for alibaba.

    if you understand Chinese,view here,it's too large to upload.
    http://vip.bokee.com/shtml/php/upload/upload/200710201725222.gif
     
    schumi0008, Nov 5, 2007 IP
  20. chuck75

    chuck75 Peon

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    #20
    Alibaba will needs seo for their website one day! That is for sure!:D
     
    chuck75, Nov 5, 2007 IP