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Chitchat Aussie Fund Manager - Why Alibaba's Reporting is Fraud

Pinkieslut

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On Alibaba’s “Singles’ Day” shopping event (“think of it as Black Friday in America,” Hempton wrote), in November 2014, the company said it received and shipped 278 million orders.
That’s 7.5 times more orders than the 37 million orders Amazon AMZN -1.34% received on Cyber Monday.
It’s also “more parcels in a single day than Amazon had users [244 million] in a whole year.”
Alibaba said its network delivered 8.6 billion packages from its retailers to customers in the year ended March 31, 2015—or about double the 4.6 billion packages UPS UPS -0.43% delivered in 2014.
Alibaba reported about 35,000 total full-time employees as of March 31, 2015. Meanwhile, UPS had more than 12 times as many (435,000) and Amazon had more than four times as many (150,000)—plus robots, Hempton added.
Then Hempton did some math: “To truly deliver at a larger intensity than Amazon, Alibaba and its outsource network would need more staff or capital (or both) than Amazon and UPS combined.”
Alibaba said that Alipay, the online payment processor it divested in 2011, handled 2.85 million transactions per minute at the peak of Singles’ Day.
By comparison, “Visa’s V -1.33% peak transaction volume globally [840,000 transactions per minute, by Hempton’s calculation] is only about 30 percent of Alipay’s peak minute. This suggests a level of shopping in China that puts the US, Europe and most of Asia to shame,” Hempton wrote.
 
Only Ho Ching seems to understand Alibaba. This months they increased their stake by US $1b dollars. Now thats class for you. When your mum takes on that kind of risk with that kind of money, the sons can walk into any company in the World.
 
Only Ho Ching seems to understand Alibaba. This months they increased their stake by US $1b dollars. Now thats class for you. When your mum takes on that kind of risk with that kind of money, the sons can walk into any company in the World.
u scratch my back, me scratch urs ... ah li ba ba oredi sink moni in pos ...
 
Only Ho Ching seems to understand Alibaba. This months they increased their stake by US $1b dollars. Now thats class for you. When your mum takes on that kind of risk with that kind of money, the sons can walk into any company in the World.

Empress Ho (accordingly to her sister in law, Dr Lee) is the person kena conned left, right, center, top, bottom, etc-----by Uncle Sam, Uncle George,Uncle Ah kow, etc----- . 70% Singapore citizens plus 30% unfortunate souls now can do nothing but wait for her husband to wake up from his wet dream or face the gallows soon.
 
Scums chinks want to cheat also dunno how to cheat properly.
The figures are so absurd its morbidly funny.
Maybe this so called richest Asian's wealth also inflated one. How can Jack Ma the loser face be richer than superman Li?
 
Empress Ho (accordingly to her sister in law, Dr Lee) is the person kena conned left, right, center, top, bottom, etc-----by Uncle Sam, Uncle George,Uncle Ah kow, etc----- . 70% Singapore citizens plus 30% unfortunate souls now can do nothing but wait for her husband to wake up from his wet dream or face the gallows soon.

Auntie Ho or Rosmah in Malaysia. Our leaders now under female control. No more balls. I am beginning to think that 1MDB fiasco is actually rosmah's baby as his son got benefit and jho low is rosmah's son good friend. Its pays to have reconstruction surgery on the pussy in the long run. You can hypnotize and control your men.
 
Scums chinks want to cheat also dunno how to cheat properly.
The figures are so absurd its morbidly funny.
Maybe this so called richest Asian's wealth also inflated one. How can Jack Ma the loser face be richer than superman Li?

Jack Ma is a wise man. Dishing out his wisdom and life philosophy.

Wisdom of Jack Ma condensed into 33 quotes

Fifty years ago, a boy was born to a family of traditional musician-storytellers in Hangzhou, Zhejiang Province of China. In 1972, when US President Richard Nixon visited China, this boy was merely eight years old. But little did anyone know that this visit will sow the seed in the mind of this eight-year-old to dream big.

The US President’s visit left the boy with a desire to learn English and he started to guide foreign tourists in his hometown in exchange for learning English from them. One of the tourists gave him the name ‘Jack’. The name stuck, and Jack went on to become a celebrity in China by creating the largest e-commerce company of the world. But more importantly, his success taught the ordinary people to dream of doing extraordinary things.

Jack Ma proved that in a Communist society, an entrepreneur can succeed. He’s inspiring, visionary and unique. Be it the mass wedding, which he organizes for his employees, or the transparency about his plans, Jack’s inimitable approach to things make him stand out. His humility to accept mistakes and learn from others is a big lesson to all aspiring entrepreneurs in the world.

Jack wants to write two books about his experiences of two decades in Internet and e-commerce, one ‘Alibaba 1001 Mistakes’ and the other ‘How to make your company smaller’. This speaks a lot about the modesty of the richest man of China whose personal wealth amounts to a whopping (approx) $24 B.

Jack-Ma-quotes

YourStory revisited Jack’s interactions over the last few years to bring out the 33 pearls of wisdom which can teach you more about life and business than many books combined together.

You need the right people with you, not the best people.

No matter how tough the chase is, you should always have the dream you saw on the first day. It’ll keep you motivated and rescue you (from any weak thoughts).

We’re never in lack of money. We lack people with dreams, (people) who can die for those dreams.

I call myself a blind man riding on a blind tiger.

Never ever compete on prices, instead compete on services and innovation.

Instead of learning from other people’s success, learn from their mistakes. Most of the people who fail share common reasons(to fail) whereas success can be attributed to various different kinds of reasons.

Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.

Help young people. Help small guys. Because small guys will be big. Young people will have the seeds you bury in their minds, and when they grow up, they will change the world.

I try to make myself happy because I know that if I’m not happy, my colleagues are not happy and my shareholders are not happy and my customers are not happy.

If you’ve never tried, how will you ever know if there’s any chance?

If you don’t give up, you still have a chance. Giving up is the greatest failure.

I don’t want people (in China) to have deep pockets but shallow minds.

Jack-Ma-quotes-2

You never know how much can you do in your life.

You never know that the things you’re doing are that meaningful to society.

You’ve to make consumers smart. An e-commerce portal doesn’t sell a product at cheaper rates, instead an offline shop sells it at a costlier prices.

You’ve got to make your team have value, innovation, and vision.

When you are small, you have to be very focused and rely on your brain, not your strength.

Today, making money is very simple. But making sustainable money while being responsible to the society and improving the world is very difficult.

If we are a good team and know what we want to do, one of us can defeat ten of them.

A leader should have higher grit and tenacity, and be able to endure what the employees can’t.

A peace talk is always difficult, always complicated.

You should learn from your competitor, but never copy. Copy and you die.

It doesn’t matter if I failed. At least I passed the concept on to others. Even if I don’t succeed, someone will succeed.

Intelligent people need a fool to lead them. When the team’s all a bunch of scientists, it is best to have a peasant lead the way. His way of thinking is different. It’s easier to win if you have people seeing things from different perspectives.

If the customer loves you, the government will have to love you.

Never ever do business with the government. Be in love with them, never marry them.

When we have money, we start making mistakes.

We should never finish a 20 year program in two year.

It’s very difficult to know the outside world, but you know yourself. You know your need and what you want. If I know myself better, I can change myself to meet the outside world.

We appreciate yesterday, but we’re looking for a better tomorrow.

Without internet, there would have been no Jack Ma, and no Alibaba or Taobao.

Life is so short, so beautiful. Don’t be so serious about work. Enjoy the lives.

Opportunity lies in the place where the complaints are.
 
Alibaba will pass its peak after Alipay is listed,
so Jack must go around and give speeches.

Just sheer arrogance in his speeches, frequently criticising the weaker competitors or less-accomplished in the society.
It hints that he is insecured about himself.
He is not a solid businessman or as respected like Mr Li Ka Shing.
The most enterprising corporation in China is HNA group, with real tangible business and footprints worldwide.
 
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