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(Bloomberg)   Alibaba avoiding wishful thinking on its IPO   (bloomberg.com ) divider line
    More: Interesting, Alibaba, IPO, Facebook, SoftBank, Hangzhou, online shopping, Jack Ma, Sina Corp.  
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1011 clicks; posted to Business » on 06 May 2013 at 9:31 AM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



6 Comments     (+0 »)
 
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2013-05-06 09:53:48 AM  
Nice.

/And now I know Alibaba is going IPO
 
2013-05-06 10:56:26 AM  
Fark those jerks.

I needed information on a raw material and the only way I could find to contact the (Chinese) supplier was through Alibaba.com.  I sent my question, got a useless response from the supplier about a week later and have been spammed mercilessly from alibaba.com for the past eight months, no matter what sort of unsubscribe rituals I submit myself to.
 
2013-05-06 11:14:38 AM  

Parkanzky: Fark those jerks.

I needed information on a raw material and the only way I could find to contact the (Chinese) supplier was through Alibaba.com.  I sent my question, got a useless response from the supplier about a week later and have been spammed mercilessly from alibaba.com for the past eight months, no matter what sort of unsubscribe rituals I submit myself to.


I've used them without issue.

I like the aliexpress "escrow" service... saved me a bit of cash when one vendor sent me exactly nothing. I'm not sure what the vendor's scam was... they might have had better luck if they had sent me a brick in a box or something, rather than invalid tracking numbers. Aliexpress sent me a refund in short order, once it was clear the vendor hadn't actually sent my order.
 
2013-05-06 12:49:39 PM  
That reminds me...I need to buy 5 metric tons of chia seeds.  Also 200,000 voltage regulators for 5 cents each.
 
2013-05-06 06:40:55 PM  
A year from now- "I bought stock in bulk, but it turns out that it was all Chinese conterfeits"
 
2013-05-06 09:43:07 PM  
"While investors may clamor to own a piece of the world's biggest e-commerce platform, that kind of price could produce disgruntled shareholders and a legacy of ill will if the stock drops -- the same fate that befell Facebook, which went on to lose half of its market value."

Here's the difference. Facebook doesn't exist to sell things and presumably reap a percentage, it exists for social networking. Every single advertising scheme FB has pulled out hasn't worked, as far as I can tell. Anyone with half a brain and the ability to install Adblock Plus can use it with no problem; the closest I get to ads are brand pages. Speaking as a small (very small) business owner, I can say the ads they sell are virtually useless - I get more page traffic through my profile HERE than through my business Facebook page or the ads I bought as an experiment. I think the closest they've come to being profitable is probably by selling the ad space to suckers like me, and through the games and stupid little add-ons (like sending gifts to friends for their birthdays).

I've never used Alibaba but they are pushed by some online selling communities, and as an IPO I expect they'll probably either stay about where the estimates have them or get better.
 
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