dunk heels company value and shareholder interest

Taobao diagram before and after the spin-off
Sina Technology News June 16, noon,air jordan high heels, for a spin-off Amoy Taobao, Taobao, Taobao Mall and the three companies concerned, Alibaba and Jack Ma Chairman of the Board staff has just released internal e-mail, he thinks Taobao split to create greater industrial value, company value and shareholder interests. Ma believes that Alis overall interests and the future of the industrys size and the same, "We do not rule out the possibility of future listing of the Group as a whole." The following is the full text of the message
: Ali
??you people:
After months of thinking and preparation, the group decided June 16, 2011 from the split into three companies Taobao. Three companies: one Amoy Network (www.etao.com), Taobao (www.taobao.com), and Taobao Mall (www.tmall.com). Significant impact on the spin-off, so I report to you the main starting point and meaning.
1. global Internet and e-commerce situation has undergone great changes, we decided to "big Taobao" strategy as a "big Ali" strategy. Past two years,women griffeys NYSE, the Internet search,nike high heels, SNS (community-based) and e-commerce took place in the pattern of changes in the new company after another. 2009 started the "big Taobao" strategy has achieved progress, the initial establishment of a strong consumer-centric online shopping ecosystem. In order to better adapt to the rapid development of industry, the group decided to upgrade the "big Taobao" strategy of "Big Ali" strategy. "Big Ali" and all the participants share fully in e-commerce all the Ali Group resources - including our services, consumer groups, businesses,blue high heels, manufacturing chain, integrated information flow,new ken griffey shoes Tencent, logistics, payment, and provide wireless data sharing centric cloud computing services, e-commerce development in China to provide better, more comprehensive basic services. Big Ali strategic core mission is still building an open, collaborative, thriving e-commerce ecosystem, to promote new commercial civilization.
2. customers needs has undergone great changes. On the one hand,womens nike heels, online consumer shopping guide in Taobao and efforts have been supplemented from the living became a necessity of life, we want to provide consumers with a more professional and personalized service. On the other hand, with domestic demand expansion and restructuring of enterprises, more and more businesses will use e-commerce to customer service, support and services they need is what it used to. Therefore,silver high heels down $ 0.46, we must mainly from the Taobao consumer platform upgrade "everywhere" win-win situation of supply and demand of consumer platforms. This new platform will be Alibaba B2B and three "Tao" company with the completion of service for different customers: We hope to Amoy network shopping search Taobao cheap community-based innovation and Taobao Mall boutique professional experience to consumers in order to a new experience; also can be more specialized help more businesses and entrepreneurs to carry out an active e-commerce services and marketing.
3. the construction of new commercial civilization will demand fundamental changes in internal management, we must take the initiative and innovation. Ali in the short term to develop into big, but not by sub-major competitive advantage. We must keep trying in the organizational structure and innovation,women griffeys, the Internet can be worked out for the development of new business management ideas and models, maintaining creativity and advanced. Alis practice is to do small companies into big companies, so as to establish a more innovative mechanisms to allow more young people and new colleagues to grow up in the "small" environment so that we have more opportunities to showcase their talents and abilities .
4. Taobao spin-off we believe the industry can create more value, company value and shareholder interests, todays spin-off seems to make Taobao lost scale advantages, from the "have" become a "no", but is the ubiquitous "no"! We Taobao into the core strategy of large Ali, for the entire industry and the development group to create significant value to many practitioners of e-commerce more fair competition and development opportunities. We firmly believe that the development of Chinese e-commerce may be good and not so much Ali, and Ali,kids griffey, but the development must have a good relationship. Today,jordan heels shoes, Ali and the overall interests must be the future of the industrys size and the same. We do not rule out the possibility of future listing of the Group as a whole, so that always believe and support our employees and shareholders to share the results.
the tactical implementation of change requires a strong team. Strategy in the Great Ali, B2B companies bear the important responsibility of this group decided to configure the best B2B leadership team. With immediate effect, LU Zhao-xi will be a full-time CEO of a listed company, LU Zhao-xis support team includes: Chief Financial Officer Bue, ICBU General Manager Peng Yijie, CBU, general manager of Ye Peng,jordan high heels, vice president of human resources Dengkang Ming, Li, vice president of technology and supplier Services paid president Wu Minzhi and so on.
Taobao split by the three companies after the chairman of the board,diamond turf, president of Canadian operations of the mechanism. A scouring of the management team by the president, "Click here to see," led by Yong-Ming Wu, chairman of the board to report to a Amoy Peng Lei. Taobaos management team by the president,hot pink heels, "Mitutoyo" Peng Jiang lead,silver high heels, reporting to Chairman Lu Zhaoxi Taobao. Taobao Mall management team by the president, "Happy child" Yong lead, reporting to Chairman Zeng Ming Taobao Mall. "Su Quan" Kardashian is responsible for leading large technical and public service support platform, fully support the companys business development, reporting directly to Group CEO Jack Ma.
Ali, we should be proud of yourself! Several companies dare to far ahead position, the occasion of the rapid development of business, but also to get rid of dependence on benefits,jordan boots, to have the will and strength of self-transformation, the implementation of the initiative to adjust. I believe our team after this split will be even better, become more efficient, more excellent. Ali
??people,dunk heels, change is painful,nike air griffey max 1, not a change will occur smoothly. But we must change, we must change before the change. Our business model from the first day of the birth and development of this society and responsibility closely linked, the achievements of our age,fitted hats, we can not live up to the times. E-commerce are just beginning to remember that we have today is not merely seeking the best business model, since we had the opportunity to participate in the process of change in business history, we should be more actively to promote and explore the development of new business culture Road!
Alibaba Group CEO
Ma
2011.6.16