Monday, August 12, 2019

Alibaba company Article Example | Topics and Well Written Essays - 750 words

Alibaba company - Article Example Companies like Alibaba are resorting to IPO through selling their shares because of the inflation which has hit worldwide. The company expects to raise about $20 billion which is an indication of their global affairs and how they are trying to lure and depend on the deep pockets of money managers and pension funds (Picker 2014). From the above article, I have learnt that companies have found strategies of overcoming financial management challenges arising because of inflation. One of such ways is through selling shares. Offloading some shares to the public is very essential in overcoming financial burden. Alibaba limited tried placed it on practice and it is likely to raise over $20 billion. When the deal goes through, the company will overcome the management challenges which has hit it in the ever changing global market. Alibaba has a long history since it existence. The evolution of its management has been process driven since its foundation 15 years ago. The company has grown to be the largest e-commerce company in China, the most populous nation in the world. Lately, Wall Street Journal reported that combining transaction volume of Taobao e-commerce and another Alibaba run shop called Tmall has reached a total of $249 billion. The article concluded that that amount triples that of eBay and doubles Amazon. Therefore, the IPO which the company is planning is an evolution of management since the company is still listed under a limited company. The history of the company reveals that it started from the apartment with 18 founders back in 1999. Currently, the company has evolved and has over 20,000 employees with four directors (Dvorak 2014). This is an indication that Alibaba has evolved in its managements. From the above description, I have learnt that some limited companies evolve from scratch and grown with time. Like the case of Alibaba, it evolved from an apartment where his founder worked and met

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.