Business Tianjin Magazine - Business English Magazine in China
Monday, 11 July 2011 15:06
Monday, 25 July 2011 13:55
Friday, 02 December 2011 13:25
Shares in Yahoo rose on reports that China's Alibaba Group was preparing a takeover bid with private equity firms Blackstone and Bain Capital.
Yahoo shares ended Thursday trading on the Nasdaq tech exchange 3.3% higher, having been 4.8% up at one point.
Unconfirmed reports said the consortium may pay up to $20 per share - well above Thursday's close of $16.23 - valuing Yahoo at $25bn (£16bn).
Alibaba, one of China's top internet firms, said it was weighing options.
"Alibaba Group has not made a decision to be part of a whole company bid for Yahoo," said John Spelich, spokesman of Alibaba Group.
Buying back stake?
Alibaba has had a long association with Yahoo, but relations have taken a turn for the worse in recent years.
The two companies came together after Yahoo bought a 43% stake in Alibaba in 2005 for $1bn.
However, things between the two have not worked out as planned, prompting Alibaba to try and buy back its stake.
The relations hit a turning point earlier this year after Alibaba spun off its online payment business, Alipay, effectively putting it out of the reach of Yahoo.
Yahoo accused the Chinese company of hiding the switch from it, saying the change had been made in August 2010, but it only found out about it in March this year.
Analysts said Alibaba's interest in bidding for Yahoo was being dictated in part by its efforts to get back full control of its own company.
"Alibaba definitely wants to get its stake back from Yahoo, so whatever can make that happen, they will try for it," said Dick Wei of JP Morgan in Hong Kong.
Yahoo has been struggling to keep hold of its market share amid growing competition from the likes of Google and Facebook.
Its failure to do so resulted in chief executive Carol Bartz being fired earlier this year, and the company launching a strategic review of its operations.
While Yahoo has seen its fortunes fall, Alibaba Group has been growing robustly, helped by a boom in the Chinese internet market.
With more than 500 million users, China is the world's biggest online market and it is is expanding at a rapid pace.
Alibaba has cashed in on the growth. The group's online shopping website Taobao is the largest in China and boasts 50 million unique visitors a day.
It has become the top destination for almost three-quarters of the country's online shoppers.
It hosts 30,000 online stores, and about 53,000 items are sold on the Taobao website every minute.
Written by Helen Monday, 03 June 2019 12:49
China’s economy looked to have had its growth slow sharply in April, before new US trade war tariffs took effect, with both industrial production and retail sales growth showing significant declines. The big picture is that China’s economy is losing the momentum it gained in the first quarter. China’s stimulus measures may be starting to wear off, and the central government had engaged in multiple rounds of rate cuts for banks, encouraging the flow of lending into the economy.
GEA is one of the largest technology suppliers for food processing and a wide range of other industries. Employing over 18000 employees worldwide, the global group specializes in machinery plants, as well as process technology and components.
We were given the opportunity to interview Mr Alexander Krausse, Vice President of Supply Chain & Production APAC of GEA, a company that provides sustainable solutions for sophisticated production processes in diverse end user markets and offers a comprehensive service portfolio.
Whether you are a marketer or just a regular web surfer, video is already part of your life and most likely you will just be having more of it in the future. When we read or hear about video marketing, but the truth is that video is everywhere. For many people around the world, it is not possible to let a day go by without watching a single video and you might start to wonder why is that.
The Dragon Boat Festival gives us some life’s lessons. When you are under pressure, you must learn how to focus your attention and stick to your goals. You need to paddle up and persevere! Enjoy Dragon Boat Festival on 7th of June of this year.
Michael Hart, who has spent more than 20 years in China in the commercial real estate industry and over a decade of that time in Tianjin, provides to us again an excellent article of how to interpret city rankings.
Our column Last Words is dedicated to people that decide to leave their country to start a new professional career in China. Dorothy shares with us her experience and feeling of this important moment of her life.
Visit our website www.businesstianjin.com and follow us on our official Wechat account (ID: business_tianjin) for a complete list of articles and information.
Managing Editor | Business Tianjin Magazine
GEA集团是全球领先的食品加工及众多工业领域技术供应商之一。作为国际技术集团，GEA集团专注于机械制造，生产运营，工艺技术及其设备组件。GEA集团致力于为不同最终用户市场的复杂生产过程提供可持续的解决方案，并提供全面的服务组合。本期"封面故事"栏目对GEA集团亚太区供应链与生产副总裁Alexander Krausse先生进行了专访， 深入了解他在这个行业里有哪些独到的经历与经验。
06 BIZ BRIEFS
10 ECONOMY: Growth slows sharply
12 FEATURE STORY: Knowledge Sharing Apps
14 COVER STORY: Engineering for a Better World
20 FOCUS: The future of Medicine in China
22 TRAVEL: The views from Table Mountain. Cape Town in South Africa
24 IN DEPTH: World Electric Vehicles Leadership being played in China
26 INSPIRATION: You can do anything if you put your mind to it Anything is possible
28 INVESTMENT: Huazhu Group Limited (former China Lodging Group)
30 E-BIZ: Optimize Mobile Marketing for Ecommerce Shops
32 REAL ESTATE: How to Interpret City Rankings?
35 BUSINESS NEWS
40 TAX & FINANCE: Regulations on Individual Income Tax (IIT) to improve the talent mobility
44 Legal Assistance: About the PRC Foreign Investment Law. Things Foreign Investors Should Know
48 TECH: 3D Bioprinting
50 MARKETING: Why Video Marketing is so Powerful
52 HR: Biometric Time Tracking and Security in HR
54 CHAMBER REPORTS
62 ART & LEISURE: What is the Origin of the Dragon Boat Festival?
64 BOOK REVIEW: The Alibaba Way
65 LAST WORDS: An interesting exit from a well-trampled road
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