Alibaba was successfully listed on the New York Stock Exchange, with its stock price soaring to US$94.15 on the first day. In the evening, it was announced that its underwriters had exercised their over-allotment option.
This means that Alibaba’s IPO raised a total of approximately 25.1 billion U.S. dollars, setting a new record for the global IPO financing amount. Before it, this record was also held by Huaxia Enterprises, which was created by the Agricultural Bank of China in 2010, with a total financing amount of 2.21 billion U.S. dollars.
One hundred million U.S. dollars.
At the same time, on just the first day of listing, Alibaba's market value has exceeded 200 billion US dollars, becoming a global giant on par with Microsoft, Google, Yike, Apple, Oracle, Intel and other companies.
Unlike these technology companies with a global layout, Alibaba focuses more of its business on the Chinese market, and its uniqueness and rapid growth are dazzling.
Alibaba has attracted the attention of many investors and reporters since the beginning of its road show. More than 800 people from the investment community attended the first road show in New York. After the successful conclusion of the first day of listing, many well-known media were waiting for the "award-winning" from Alibaba.
Remarks".
The head of the company, Ma Chen, was quite satisfied when he was interviewed by various media.
He has delivered large and small speeches in recent days, but today's speech riding on the excellent stock price on the first day particularly attracted applause.
However, since it is listed in the United States and since it comes from China, Alibaba will inevitably be compared with Yike. This point has appeared from time to time since the road show, but Ma Ren has not answered such questions before, or,
Just smile and pass by politely.
Now that Alibaba is standing at $200 billion, it seems that it can be discussed.
"You ask me how Alibaba compares with Yike? Let's put it this way, Yike is a very strong company, and it has a strong aggressiveness in the Chinese market."
"From the perspective of overall competition, Alibaba is a company that can go back and forth with Yike, but in the core e-commerce business, Yike or Yike's department has always been at a disadvantage."
"It's not easy. After all, Yike is one of the most valuable companies on the planet."
Ma Yan gave a description of the competition of "back and forth" and "core suppression". I don't think this is a low profile. Now in terms of market value alone, only Google and Microsoft are ahead of Yike.
So, as he said, competing with the Yike Department is not an easy task.
However, such a gesture is not Ma Chen's style. He changed the topic and said with a smile: "There is one thing you have to do to compete with Yike, and that is to gain a leading advantage and continuously consolidate it."
"As you can see, Ali did it! And he did it well!"
"I feel that Ali is so powerful now!"
"But what's even more wonderful is that Ali will be even stronger!"
"We have the confidence to face any competitor, whether it is in China or around the world, whether it is Amazon or Yike, we are confident to win the competition!"
“Alibaba is the best-selling Internet company in the world!”
“In the future, we will expand our business to the world, globalize our e-commerce infrastructure, help small companies around the world sell their products to every corner of the world, and help consumers around the world smoothly purchase products from all over the world!
"
Ma's confidence and aura received warm applause, as if it was not an interview, but another small speech.
However, compared to the recent troubles that Yike has suffered, Alibaba directly crossed the US$200 billion threshold on the first day. Its momentum is indeed not comparable to that of the other two domestic giants...
In fact, as Yike's market value gets higher and higher, and as Duji's market is increasingly eroded, no one is mentioning the names of the four former giants.
The difference between the two companies is nearly 20 times, how can they be compared together?
It was replaced by Yike's Yigou.
YBAT→YATY.
But now because of Alibaba's vigorous listing performance, the concept of the four giants seems outdated, and the "China Securities News" adopted an evaluation that appeared on the Internet.
"Alibaba's US$200 billion is obviously not the end, it is just the beginning for Alibaba."
“In the past ten years and the past twenty years, from the Internet to the mobile Internet, from core business to multi-faceted expansion, from the Three Musketeers of the Internet to the Four Giants, from the old Four to the New Four, now, this has become a bipolar pattern.
"
“Between the two extremes of Alibaba and Yike are the seniority rankings of other giants.”
"This is probably good news for Duji. It is still a giant, but there is also a lingering shadow hanging over the giant."
"Putting aside the degree of memory, would these big companies be more willing to face Alibaba's A or Yike's Y?"
"Well, Duji definitely doesn't want to face Y."
It’s too late to miss YATY, now comes bipolar YA!
Because of the affirmation of "China Securities Journal", this bipolar statement was quickly reprinted under the situation of Ali riding the wind and waves, which seemed to have finalized this title.
In the last three days of January, Alibaba continued its upward trend, with its market value reaching US$225.8 billion as February approached.
As a celebration, and because Alibaba's IPO raised a large amount of funds, both Taobao and Tmall launched a massive year-end discount promotion, which put great pressure on Tesco, which maintains its usual routine.
In the past few years, Alibaba and Tesco have maintained the habit of playing their respective home games in the first half and second half of the year, trying to encroach but not aggressively attack. The year-end promotions are basically the third most important activity throughout the year.
Although Tesco has already made some preparations due to the listing of its rivals, Alibaba has taken advantage of this opportunity to promote sales with an intensity that is almost comparable to its 618.
Su Wei was inevitably a little annoyed when faced with this situation.
After finishing her work on the first day of February, she broke into the president's office of Yike 23 and strongly requested President Fangda to adopt the suggestion of the executive vice president of Yike and send a congratulatory message to Alibaba for its successful listing.
"You still discuss bad ideas together, right? It's disrespectful to give gifts." Fang Zhuo didn't have any emotions because of the promotional friction caused by Ali.
"No, Tesco is under a lot of pressure. You have to come out and help me share the burden. They are here for Tesco in the Yike department, not just for Tesco." Su Wei asked for help.
"Okay, then you can tell the media that I have found a way to compete with Alibaba, so that you can always take a swipe at Alibaba's stock price momentum." Fang Zhuo said with a smile.
Su Wei didn't take it as a joke and really thought about the feasibility seriously.
Based on the reputation of the man in front of me, if he had said this to the media instead of relaying it himself, I am afraid that it would have immediately cooled down Ali, which had just gone public.
Su Wei is very aware of Fang Zhuo's influence.
It’s just... this will not relieve the pressure on Tesco. On the contrary, if Alibaba really studies and thinks seriously, will it increase the emphasis on the short video track by several levels?
Su Wei knew Douyin's future plans. She thought about it, but she really didn't want to have a chain reaction because of the sudden speed.
Fang Zhuo looked at the pensive teacher Xiao Su, as if he knew what she was thinking, and said with a smile: "Don't worry, Ali can't win if he wants to compete with us on the short video track."
With the popularity of Douyin, several similar applications have appeared on the market, and Penguin, Duji, and Alibaba have all entered the market. The response speed is quite fast.
If Yike hadn't taken it seriously, perhaps they would have continued to watch and wait, but with Yike's push, they followed without hesitation.
Among them, the most challenging one is still Penguin’s social traffic.
As for Duji and Alibaba, the traffic of the former is dispersed, and its main focus is on guarding core search, so it does not pose much of a threat. The latter...
Alibaba’s social networking activities are always a bit uninteresting. They are obviously doing it seriously, but they feel rather perfunctory. This short video is no exception.
Start-up projects other than these three companies are even less of a concern. It is difficult to match the competition regardless of funds and resources.
Speaking of Penguin, even though it is the most challenging, Yi Ke was not afraid of it even in its heyday, let alone the current version.
Based on all this, Su Wei is very optimistic about Douyin's ultimate victory, but she still has to wait and see and think about the impact of this model on e-commerce.
But no matter what, she doesn't want to attract more attention from her opponents for Douyin, which is only a month old.
Su Wei sighed: "Forget it, forget it, I won't spread the word, but it's a blessing and a curse, and Alibaba got a lot of money from this listing, and it launched a big promotion two years ago.
You are also very high-spirited in New York, so I’m afraid you may not really implement a thorough consumption upgrade.”
Alibaba has already built a B2C Tmall, and both Tmall and Taobao are particularly coveting the mid-to-high-end users that Tesco has cultivated over the years.
Regarding "consumption upgrade", Alibaba has made similar statements in the past two years, but its implementation has always been weak.
Now, Alibaba has been listed in one fell swoop and has reached the most dazzling position. Over there, Ma'an wants to expand the global market, and Tmall is sharpening its knives with confidence...
The lack of guarantees is a real round of competition for mid-to-high-end customers.
February is the year-end sale, March is for small home appliances, and then June is not far away from the traditional sale. This period is a sweet period when Alibaba is easy to do activities.
"Hey, that's good. Ali is rich, and he also thinks that everyone is rich. Well, it's a two-pronged approach." Fang Zhuo couldn't help laughing, "We must see the effect."
Alibaba has shown a tendency to value Tmall more than Taobao. If it puts forward a competitive strategy similar to consumption upgrade, Taobao merchants will be the biggest weapon to dig out the foundation of the old employer.
Fang Zhuo took a sip of water and thought about Alibaba's recent senior management configuration for a while. Two factors confirmed that there were indeed signs of this.
"Alibaba is upgrading consumption, we are upgrading consumption, and Tesco is holding back. Do you think we should expand directly on Tesco, or establish another subsidiary?" Su Wei asked.
"You have a discussion with the general office. I think everything is fine. You can also call Sun Tongyu from Mi Tuan. He is the best at this. Well, yes, you can call him as a consultant." Fang Zhuo mentioned the former president of Taobao.
Sun Tongyu, he also performed well in the rice team, but he was kicked out because of development differences.
Although we talk about this one time and that time, we can also talk about the high and low of one.
Fang Zhuo thought so, and his calm mood suddenly became a little excited. He smiled and said: "What did I answer you just now? Did you mean to build a subsidiary? Why not, Tesco invites Sun Tongyu to the subsidiary to take charge of the work?"
, I want to see such a matchup."
Su Wei spread her hands and looked at the fickle man in front of her.
No, it's not fickle, his desire to stir up trouble has never changed, it's just that he has been focusing on the changes in Yike recently.
"We have to wait and see what Ali will do if we continue to discuss it." Su Wei remained calm.
Fang Zhuo nodded with a smile. He really had to see how hot Ali was after taking a large amount of funds.
He personally made a cup of coffee for Teacher Xiao Su, then chatted for a while about the competition with the new global giants, and finally sent it out as a gift.
However, now that they had talked about this, Fang Zhuo actually called Sun Tongyu directly and talked about his now prosperous old club.
"Hey, it's good for a large company to form an operating mechanism. No one can survive without it, and everyone can be transferred without him." Fang Zhuo sighed after chatting for a while.
Because Alibaba went public, Yike was the company being compared, but no one dared to look down upon Yike's market value, including Ma Min.
However, also because of Alibaba's listing, Sun Tongyu, the once extremely high-ranking "god of wealth", also became a little popular because the media who wanted to poach everything ridiculed his choice.
Mi Tuan can also be regarded as a member of Yike Group, but the two are more about investment, cooperation and complementarity. The former has also been looking for more profit models.
It would be fine if Sun Tongyu really joined Yike, but unfortunately, after he left Alibaba, he became an opponent of Alibaba in the group buying market.
——"If Sun Tongyu had not left Alibaba, he was also one of the bell-ringers for the listing. Even if he now curbs Alibaba's attack in the market segments, it would not be beneficial to the overall situation. Alibaba who has obtained more funds will definitely invest in group buying.
The market is doing something bigger."
Sun Tongyu was really not in a good mood these days. Now that he heard what Mr. Fang said, he said helplessly: "Mr. Fang, who do you want?"
"I'm just sighing. I'm just waiting to see if anyone can surprise Alibaba in the e-commerce field." Fang Zhuo said with a smile.
Sun Tongyu frowned and said nothing, and asked after a moment: "Mr. Fang, if you have anything to say, if it's inconvenient on the phone, I'll visit you right away. If anyone wants to give Ali a surprise, I, Sun Tongyu, will help out immediately."
"Mr. Sun has never let go over the years." Fang Zhuo sighed.
"Does Mr. Fang mean that I need to let it go?" Sun Tongyu asked, and continued without waiting for the answer on the other end of the phone, "Or do you mean that if I can't let it go, Mr. Fang can hand me a sharper knife?"
Mi Tuan is already a sharp knife, suppressing Alibaba’s development in the group buying market.
But, isn’t there a sharper knife that can poke a hole with one blow?
Fang Zhuo said succinctly: "Come on at nine o'clock the day after tomorrow."
Sun Tongyu perked up, "Okay, Mr. Fang is indeed the kind of person who can't wait to put a knife in his hand."
In fact, the knife may have been sharpened until it was shiny.