Alibaba 3rd most visited Ecommerce Marketplace on Internet

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."

Pay Per Click Training With Us

Pay Per Click Training...
Guys, I am awaiting for your kind comments. If you like it so please follow my blog.

Which One Is Better?

 



- Is why Alibaba still better than Tradekey?
- Is there any difference in sales pitching style between these two measure B2B plateforms?
- Can Alibaba understand Chinese peoples mentality batter than Tradekey?
- Why most of Chinese peoples preferred to go to the agent in China for Tradekey premium membership?
- Can anyone want to give answer the above questions?

Yahoo Sued Over Alibaba Payment Restructuring

News from Yahoo! Inc. regarding Alipay restructuring and getting misled by Alibaba Group caused Yahoo! Inc. to get sued by its shareholders.

The investors, in a complaint filed in federal court in San Francisco, claim that Yahoo! was failed to tell them by May 10, 2011 that its $1 billion investment in Alibaba was “severely impaired” by the transfer of the payment business, Alipay, to a closely held company controlled by Alibaba Chairman Jack Ma.

Yahoo management was informed no later than March 31 about the restructuring, which reduced the value of the company's investment in Alibaba by billions of dollars, according to the complaint.

According to the suit: Chinese regulations that precipitated the restructuring were anticipated in 2009, requiring “Yahoo or Alibaba to divest themselves of Alipay but Yahoo had failed to develop a strategy to recover the value it had in Alibaba,"

Alibaba in response had said in July 29, 2011 that its two biggest shareholders, Yahoo and Softbank Corp. (9984), Japan's third-biggest mobile carrier, agreed to a compensation deal that may result in Alibaba receiving as much as $6 billion from Alipay. The agreement ended a four-month dispute between Alibaba, China's biggest e-commerce company, and foreign shareholders over the spinoff of Alipay.

Yahoo said previously that the sale of the online payment business to Jack Ma's company last year lacked the approval of the board and was only disclosed to investors in March 2011.

The lawsuit was filed on behalf of the Twin City Pipe Trades Service Association based in Saint Paul, Minnesota.

Dana Lengkeek, a Yahoo spokeswoman, had no immediate comment on August 8, 2011.

The case is Twin City Pipe Trades Pension v. Yahoo! Inc., 11-03870, U.S. District Court, Northern District of California (San Francisco).

zulfiqar mirza unsensible statement. 13th july 2011 By Syed

Pakistan Peoples Party Senior Minister Zulfiqar Mirza.

Very irresponsible statement by zulfiqar mirza. 

Mozilla Firefox 5

Mozilla Firefox 5 released and it is available for download after three month of Firefox 4, Firefox 5 is faster than Firefox 4, New release have fixed some bugs, and some new features.Also more exciting. Users can feel more comfortable.

Here is a list of some new features .

• Support for CSS animations
• Better visibility for the Do-Not-Track header preference
• Improved canvas and JavaScript support
• Better standards support for canvas, HTML5, XHR, MathML and SMIL
• Better tuned HTTP idle connection logic

You can download it via following link:
Download Firefox 5

Harry Potter and The Deathly Hallows

Harry Potter and The Deathly Hallows

Harry potter final part (version 2) will be release on July 15th 2011, So let's count down start my friends...

Here you can watch the trailer of Harry Potter and The Deathly Hallows (Final Version).

Harry Potter and The Deathly Hallows Trailer