Pinterest China (aka Fa Xian) by Alibaba.com

Fa Xian is an addition to B2C website etao.com powered by Taobao - a B2C website from Chinese B2B Marketplace Alibaba.com. What made Fa Xian got the attention of news all over the world is its striking resemblance to Pinterest. As per one news from Reuters, the website is already attracting upto 60,000 unique visitors every day.

Pinterest is more like social bookmarking website and does not allow any sort of affiliate codes. On the other hand Alibaba on its ecommerce website has merged the concept of Pinterest by selling products while engaging visitors. All pinned products can be purchased.

Alibaba has taken this idea as an opportunity to capture more sales from Chinese market of young internet users who easily get admired to fun oriented.

Alibaba.com Reports Net Profit¹ of RMB339.2 million in Q1 2012

Continuous platform enhancements increase overall quality of the website

HONG KONG--(BUSINESS WIRE)--Alibaba.com Limited (HKSE: 1688) (1688.HK), the world’s leading small business e-commerce company, today announced unaudited financial results for the quarter ended March 31, 2012. In the first quarter, Alibaba.com stepped up its efforts to upgrade the trustworthiness of suppliers and enhance the user experience. Although Alibaba.com reported a profit of RMB339.2 million (USD53.8 million), its financial growth slowed compared with previous years as a result of business model upgrades and the strategic shift in focus to the quality of the marketplace and buyer experience.
Excludes profit attributable to non-controlling interests. 

Q1 2012 Financial and Operational Highlights
FINANCIAL HIGHLIGHTS (UNAUDITED)		Q1 2011 RMB million		Q1 2012 RMB million		YoY Change		Q4 2011 RMB million		QoQ Change
Revenue		1,531.7		1,589.1		+3.7%		1,659.0		-4.2%
Earnings before interest, taxes and amortization (“EBITA”)		509.8		374.8		-26.5%		529.0		-29.1%
Profit attributable to equity owners		452.5		339.2		-25.0%		385.9		-12.1%
Share-based compensation expense		85.2		65.5		-23.1%		67.1		-2.4%
Deferred revenue and customer advances		4,210.2		4,285.3		+1.8%		4,423.1		-3.1%
Recurring free cash flow		158.6		19.2		-87.9%		957.7		-98.0%
EBITA margin (before share-based compensation) (%)		38.8%		27.7%		-11.1% pts		35.9%		-8.2%pts
Earnings per share, basic (HK$) (Notes 1 & 3)		10.6 cents		8.4 cents		-20.8%		9.4 cents		-10.6%
Earnings per share, diluted (HK$) (Notes 1 & 3)		10.5 cents		8.4 cents		-20.0%		9.4 cents		-10.6%

OPERATIONAL HIGHLIGHTS		March 31, 2011		March 31, 2012		YoY Change		December 31, 2011		QoQ Change		Q1 2012 Net change
Registered users		65,034,254		79,786,659		+22.7%		76,332,163		+4.5%		3,454,496
International marketplace		19,723,404		27,341,926		+38.6%		25,517,089		+7.2%		1,824,837
China marketplace		45,310,850		52,444,733		+15.7%		50,815,074		+3.2%		1,629,659
Storefronts		8,847,072		10,314,802		+16.6%		10,023,832		+2.9%		290,970
International marketplace		1,777,292		2,354,756		+32.5%		2,235,416		+5.3%		119,340
China marketplace		7,069,780		7,960,046		+12.6%		7,788,416		+2.2%		171,630
Paying members (Note 2)		832,469		753,955		-9.4%		765,363		-1.5%		-11,408
China Gold Supplier		116,454		87,544		-24.8%		99,005		-11.6%		-11,461
Global Gold Supplier		9,549		7,641		-20.0%		7,558		+1.1%		83
China TrustPass		706,466		658,770		-6.8%		658,800		+0.0%		-30

Pakistan Will Tour To India In December 2012

Pakistan will tour India in December, giving their players (pictured here after the 2011 World Cup semi-final) a chance to renew friendships and rivalries. It will be great tour for friendly relations between both the countries. The Pakistan board has said that it has not sought a share of the revenue from the series in India later this year. Earlier this week, the two countries had agreed to a short limited-overs series in December, ending a five-year gap in bilateral relations.

Chinese New Year Celebration

 
Tonight, in a deafening blitz of pyrotechnics, more than a billion Chinese will ring in the new lunar year – the 4,710th of the Chinese calendar, if you're counting. But the festivities will run over the next 15 days until the first full moon, with ample opportunities for visitors to get in on the action at New Year (also known as Spring Festival) events across the mainland and Hong Kong.

Alibaba 3rd most visited Ecommerce Marketplace

 Alibaba 3rd most visited Ecommerce Marketplace on Internet

Great achievement for Alibaba.com. In recent study by comScore about online global retail and auctions sites discovered that reached the largest global audience. Alibaba.com with over 156 million visitors in June 2011 was ranked third. Almost 20.4 % of the worldwide Internet population visited alibaba.com.

Gian Fulgoni, comScore co-founder and chairman said "While retail e-commerce has already grown to become a $150+ billion annual industry in the U.S., it still presents enormous upside opportunity across much of the globe,"

"Technology has changed the way consumers behave, and increasingly they are opting for the convenience and pricing advantages offered by the online channel. Several global retail brands have already capitalized on this global consumer trend, and many other retailers are sure to pursue their share of the pie."

Select Retail and Auction Sites Ranked by Unique Visitors (000) June 2011 Total Worldwide Audience, Visitors Age 15+ – Home/Work Locations Source: comScore Media Metrix
	Total Unique Visitors (000)	% Reach
Total Internet : Total Audience	1,383,098	100.0%
Amazon Sites	282,233	20.4%
eBay	223,520	16.2%
Alibaba.com Corporation	156,780	11.3%
Apple.com Worldwide Sites	134,296	9.7%
Rakuten Inc	57,785	4.2%
Wal-Mart	44,650	3.2%
Hewlett Packard	38,491	2.8%
MercadoLibre	33,481	2.4%
Otto Gruppe	31,779	2.3%
Groupe PPR	31,686	2.3%

*Excludes visitation from public computers such as Internet cafes or access from mobile phones or PDAs.

Regional Audience Composition Analysis of Select Retail and Auction Sites June 2011 Total Worldwide Audience, Visitors Age 15+ – Home/Work Locations Source: comScore Media Metrix
	Percent Composition of Unique Visitors
	North America	Europe	Asia Pacific	Middle East – Africa	Latin America
Total Internet	14.9%	26.7%	41.1%	8.7%	8.6%
Amazon Sites	35.4%	31.8%	24.1%	4.5%	4.2%
eBay	34.6%	46.9%	11.7%	4.0%	2.8%
Alibaba.com Corporation	4.5%	5.3%	85.7%	2.5%	1.9%
Apple.com Worldwide Sites	32.0%	29.6%	24.9%	8.0%	5.6%
Rakuten Inc	5.3%	19.8%	72.7%	1.5%	0.7%
Wal-Mart	83.4%	8.9%	0.7%	0.5%	6.4%
Hewlett Packard	45.1%	26.4%	14.3%	6.7%	7.5%
MercadoLibre	1.7%	4.5%	0.4%	0.2%	93.3%
Otto Gruppe	4.3%	92.3%	1.0%	2.1%	0.2%
Groupe PPR	16.1%	74.4%	2.2%	4.7%	2.6%

*Excludes visitation from public computers such as Internet cafes or access from mobile phones or PDAs.

What Is Search Engine Marketing?

We can get some useful knowledge from this video regarding What is "Search Engine Marketing", and how to do "SEM"? 

Tradekey Strongest Weapon

Service Delivery is most strongest weapon of Tradekey. They have very energetic, talented, and experienced peoples. Who providing valuable services to their valuable customers. That's why Tradekey retained their 50% members. Which is very good retention ratio. Even Alibaba is unable to achieve 50% retention ratio. I think that's why they are fast growing company in B2B industry.