Alibaba had total revenues of 5. 5 billion in the nine months ending december 1. The company is profitable, with net income of 2. 9 billion in the last nine months of last year. Jack ma with have just uner 9 , the vice chairman will own 3. 6 . Yahoos stake is 22 when six percent. For more on alibaba, i want to bring in our editoratlarge, cory johnson. We spoke with our senior west coast correspondent Jon Erlichman. The scale of the business is something we have known about for a long time. The prior commentator i completely agree with. The upside for them is mobile. It really has to do with the transition of the chinese market. Their market is slightly behind us in mobile adoption. It is normal that that kind of customer mix would be in place right now. It is an absolute upside for them. You have been looking at some of the companies that alibaba has been buying. Walk us through that and how that plays here. They dont get into a lot of detail in the ipo filing, but you are absolutely r
5. 5 billion in the nine months ending december 1. The company is profitable, with net income of 2. 9 billion in the last nine months of last year. Vice chairman will own 3. 6 . Yahoos stake is 22 when six percent. For more on alibaba, i want to bring in our editoratlarge, cory johnson. We spoke with our senior west coast correspondent Jon Erlichman. The scale of the business is something we have known about for a long time. The prior commentator i completely agree with. The upside for them is mobile. It really has to do with the transition of the chinese market. Their market is slightly behind us in mobile adoption. It is normal that that kind of customer mix would be in place right now. It is an absolute upside for them. You have been looking at some of the companies that alibaba has been buying. Walk us through that and how that plays here. They dont get into a lot of detail in the ipo filing, but you are absolutely right. It is interesting as you look through this filing, it is not
Enjoys singing and even conducts weddings for his employees. How does jack ma, the founder of alibaba and his personality, impact the company . Here is a check on the bloomberg headlines. Tesla reports a 50 million loss. Revenue was up 27 . It delivered more than 6400 models of the s sedan. Musk says china bound deliveries have slow shipments in the current quarter. The stock is down in afterhours. Katie cotton is retiring from apple. She helped deal with the media. Apple tells bloomberg west that katie has given her all in her 18 years. We are going to miss her. Russia is cracking down on a socalled bloggers law. They require any website with more than 3000 users to register with the government. Bloggers also cannot remain anonymous and will be held accountable for the accuracy of their site. Now to the lead story of the day Marissa Mayer talks all things yahoo and a little bit of alibaba. Among the hot button topics she covers is the yahoo stake in the alibaba ipo and whether its acq
Vice chairman will own 3. 6 . Yahoos stake is 22 when six percent. For more on alibaba, i want to bring in our editoratlarge, cory johnson. We spoke with our senior west coast correspondent jon erlichman. The scale of the business is something we have known about for a long time. The prior commentator i completely agree with. The upside for them is mobile. It really has to do with the transition of the chinese market. Their market is slightly behind us in mobile adoption. It is normal that that kind of customer mix would be in place right now. It is an absolute upside for them. You have been looking at some of the companies that alibaba has been buying. Walk us through that and how that plays here. They dont get into a lot of detail in the ipo filing, but you are absolutely right. It is interesting as you look through this filing, it is not just the story of marketing to investors, it is the story of marketing to anyone who could potentially be a user of the various alibaba services. I
Alibaba and his personality impact the company . Here is a check on the bloomberg headlines. Tesla reports a 50 million loss. Revenue was up 27 . It delivered more than 6400 models of the s sedan. Deliverieshina bound have slow shipments in the current quarter. The stock is down in afterhours. From khan is retiring apple comm. She helped deal with the media. Apple tells bloomberg west that katie has given her all in her 18 years. We are going to miss her. Down on acracking socalled bloggers law. They require any website with more than 3000 users to register with the government. Bloggers also cannot remain anonymous and will be held accountable for the accuracy of their site. Now to the lead story of the day Marissa Mayer talks all things yahoo and a little bit of alibaba. Among the hot button topics she covers is the yahoo stake in and whether its acquisition spree is paying off. She could not talk specifically about alibaba, she gave a hint about what the Company Might do with its cas