tag:blogger.com,1999:blog-4815867514277794362.post762745674106929484..comments2024-03-08T06:18:28.125+11:00Comments on Bronte Capital: Alibaba - yeah right JackJohn Hemptonhttp://www.blogger.com/profile/03766274392122783128noreply@blogger.comBlogger37125tag:blogger.com,1999:blog-4815867514277794362.post-16397705684425113262021-10-21T22:42:49.701+11:002021-10-21T22:42:49.701+11:00I Like your content because i was trying to fing o...I Like your content because i was trying to fing out like this information.<br /><br />that is very informative for us and i also subscribe your blog through email for every your new post.<br /><br />so please keep to up to date. thankyou<br /><br /><a href="https://protocracks.com/deezer-desktop-license-number/" rel="nofollow">Deezer Desktop 5.30.70 Crack</a><br /><br /><a href="https://protocracks.com/cyberghost-vpn-2021-crack-plus-activation-code-free-premium-2/" rel="nofollow">CyberGhost VPN 2021 Crack</a><br /><br /><a href="https://protocracks.com/icarefone-for-whatsapp-transfer-crack/" rel="nofollow">iCareFone for WhatsApp Transfer 3.0.7 Crack</a><br /><br /><a href="https://protocracks.com/f-secure-online-scanner-serial-number/" rel="nofollow">F-Secure Online Scanner 8.5.33.0 Crack</a><br /><br /><a href="https://protocracks.com/airdroid-license-number/" rel="nofollow">AirDroid 3.7.0.0 Crack</a>cracksoftwarehttps://www.blogger.com/profile/02337469047706992602noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-28347605202099183012021-08-30T18:12:14.477+10:002021-08-30T18:12:14.477+10:00This comment has been removed by a blog administrator.Software Beta Crackhttps://www.blogger.com/profile/10040454016734953518noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-12585878131527416252021-08-30T18:11:53.014+10:002021-08-30T18:11:53.014+10:00This comment has been removed by a blog administrator.Software Beta Crackhttps://www.blogger.com/profile/10040454016734953518noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-81251514839801854752021-08-30T18:11:34.167+10:002021-08-30T18:11:34.167+10:00This comment has been removed by a blog administrator.Sami01https://www.blogger.com/profile/13081646723057131516noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-32045559710123849492021-08-30T18:11:10.213+10:002021-08-30T18:11:10.213+10:00This comment has been removed by a blog administrator.Sami09https://www.blogger.com/profile/05957304348553223106noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-69260227274760137182021-08-30T18:10:51.317+10:002021-08-30T18:10:51.317+10:00This comment has been removed by a blog administrator.Sami01https://www.blogger.com/profile/05531880839725398848noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-5263398722251702542021-08-30T18:10:37.037+10:002021-08-30T18:10:37.037+10:00This comment has been removed by a blog administrator.michaelreesehttps://www.blogger.com/profile/00584974209714108187noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-14129354462838096782021-08-30T18:10:22.846+10:002021-08-30T18:10:22.846+10:00This comment has been removed by a blog administrator.Oceans Crackhttps://www.blogger.com/profile/04523349862240586078noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-49527138328550823182017-11-23T06:37:15.901+11:002017-11-23T06:37:15.901+11:00The above hasn’t aged too well. BABA up 164% since...The above hasn’t aged too well. BABA up 164% since this post.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-49044369242567707652016-01-22T01:57:48.458+11:002016-01-22T01:57:48.458+11:00Alibaba is another chinese stock fraud. They scamm...Alibaba is another chinese stock fraud. They scammed Yahoo, but they were too dumb to strike back. But who will be able to show conclusive documentary proof? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-49010371504775525892015-12-15T18:28:39.604+11:002015-12-15T18:28:39.604+11:00I stand on Jack Ma's statement. I am sure Alib...I stand on Jack Ma's statement. I am sure Alibaba will create wonders in e-commerce space across the world. deal of the dayhttp://www.dealstoall.comnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-74444239059358349932015-11-08T13:35:21.291+11:002015-11-08T13:35:21.291+11:00If i were anyone of you ... i would trust the figu...If i were anyone of you ... i would trust the figures from Alibaba than the Chinese government! The Chinese government makes up all the figures, just US government tho!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-39207977057713417772015-11-07T15:51:00.825+11:002015-11-07T15:51:00.825+11:00You can't compare Alibaba sales with Amazon or...You can't compare Alibaba sales with Amazon or the likes because,<br />quite a large number of buyers are distributors from foreign countries. It is stated the international sales is at marginal amount (less than 10percent) but what you need to know is, those bulky buyers basically went to China to buy or they buy via middleman as to smoothen the tax bureau process in their own countries, Indonesia for example. It is cheaper to use freight forwarding where those companies already "deal" with the tax authorities, no matter what goods you are bringing, the tax is charged on the basis on the container sizes. <br />Those buyers would be considered as local buyers in the alibaba sales.<br /><br />Closing, it is just not true to consider USD1200 per chinese spent through Alibaba. Nor is it true that only 9% was international buyers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-19474701836346892372015-10-25T11:00:58.414+11:002015-10-25T11:00:58.414+11:00I don't see anything inconsistent with Jack Ma...I don't see anything inconsistent with Jack Ma's statement. The people who buy from BABA have incomes above the median.<br /><br />What frightens me about Jack's letter is the statement that his mission is to help Chinese people. He listed investors as last in line of importance. If customers and employees come first, then I don't expect much left for investors. But, hey, full throttle growth with losses year after year works for AMZN.Bobnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-58122547911155327772015-10-22T13:56:12.108+11:002015-10-22T13:56:12.108+11:00John,
The BABA GMV numbers are substantially over...John,<br /><br />The BABA GMV numbers are substantially overstated. First of all, GMV includes cancellations and returns. This alone could be substantial.<br /><br />Then there's brushing. My research indicates that this could be more than 10% of GMV.<br /><br />GMV is easily overstated by 20-25% from these two items.<br /><br />Then there's the B2B transactions on the various properties... I don't know how much, but it could be a decent number.<br /><br />Secondly, Chinese spend a ton of money online. Being in Australia, you probably don't understand this. The bricks + mortar shopping infrastructure in China is terrible. For categories like shoes, clothes, electronics, etc 30-50% of consumption is online. China has completely leapfrogged the rest of the world in shopping patterns.<br /><br />Lastly, the national accounts are completely screwy. I've tried to make sense of them many a time, but can't.<br /><br />The average household in a city like Shanghai and Beijing (2 working adults) easily has USD$10,000 of disposable income each year. It wouldn't shock me if they spent $3,000 of that online.Mike Thttps://www.blogger.com/profile/02533667143855420661noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-30412676878863083732015-10-21T09:43:51.578+11:002015-10-21T09:43:51.578+11:00My first reaction to this is it's possible the...My first reaction to this is it's possible the b2b is skewing the average annual purchase up, and what we need to see is a distribution or a breakdown into segments. I can't find one. Has anyone had better luck?<br /><br />You're a brave man with this one...The Pandahttps://www.blogger.com/profile/14172750679441787955noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-24278420551265783652015-10-17T06:07:58.262+11:002015-10-17T06:07:58.262+11:00I used the alibaba site to contact a seller and bo...I used the alibaba site to contact a seller and bought some EV stuffs. No sure it is counted or not because I paid it offline. The B2B part could be huge, because the amount is usually larger than what the regular consumer pays. Unknownhttps://www.blogger.com/profile/03743505360425011841noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-68582858722135260932015-10-16T23:32:10.014+11:002015-10-16T23:32:10.014+11:00I've bought goods from Alibaba middlemen befor...I've bought goods from Alibaba middlemen before. Isn't this because Alibaba is involved in every part of the supply chain, not just end consumers? So the same piece of physical good may be counted 3 or 4 times.Anonymoushttps://www.blogger.com/profile/07901547194869319461noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-54450100421828959572015-10-16T23:03:19.190+11:002015-10-16T23:03:19.190+11:00Somewhat off topic, but do you have a view you can...Somewhat off topic, but do you have a view you can share with us on Eamon Fingleton's books on China and Japan?<br /><br />http://www.fingleton.net/extract-from-in-the-jaws-of-the-dragon/<br /><br />http://www.fingleton.net/blindside/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-41348212231413698152015-10-16T18:36:27.663+11:002015-10-16T18:36:27.663+11:00The math is right.
If the GMV is correct, BABA w...The math is right. <br /><br />If the GMV is correct, BABA will account for the <b>ENTIRE</b> online transactions in China. And this is impossible. <br /><br />What went wrong is that there are tons of <b>fake transactions</b>. They exist because shop owners need to have a lot of transactions and positive feedback logs to be on the top search query. My estimate is around 15%~25%. BABA has done a lot to find such fake transactions vendor, but fraud detection can never be extinct. <br /><br />That's my angle.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-50768774179236539292015-10-16T18:29:45.291+11:002015-10-16T18:29:45.291+11:00GMV should be overstated by around 15%~25%. The re...GMV should be overstated by around 15%~25%. The reason is not because Jack Ma's ethics, it is because of fake transactions. And this is because the shop owners need to maintain their positions in the search results. So they will hire 3rd party to purchase and leave positive feedback. As you can imagine, it is ALMOST impossible to detect such fraud by looking at data. <br /><br />I doubt BABA will fake GMV numbers as it is risky and make it difficult to govern the corporation. <br /><br />Anyway, GMV is not directly related to sales or profit of BABA. I hope it is helpful.soberinvestor.wordpress.comnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-89953961133802825912015-10-16T08:54:32.190+11:002015-10-16T08:54:32.190+11:00The old sniff-test. Good stuff. Thanks.The old sniff-test. Good stuff. Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-90489655160395062442015-10-16T04:50:26.300+11:002015-10-16T04:50:26.300+11:00It is funny how even smart guys like you make a ba...It is funny how even smart guys like you make a basic mistake of mistaken the "average" of $1,000 or so per person, as if every person needs to spend $1,000, basic falacyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-30629754344824336952015-10-16T04:44:27.778+11:002015-10-16T04:44:27.778+11:00It's important to understand the level of mis-...It's important to understand the level of mis-rep that's going on re: BABA's GMV. For some reason, the world believes that it's comprised of small items delivered by tricycles to individual households. The bulk of the GMV is comprised of Real Estate, Bad Assets/Loans, Cars/Trucks, Industrial Goods, etc. sold in a "Craigs List" manner (outside the BABA platform) but reported as GMV. BABA's transnational value added is minimal. Product Links provided on my blog.<br /><br />http://deep-throat-ipo.blogspot.com/2015/06/alibabaa-year-in-review.htmlDeep Throathttps://www.blogger.com/profile/02712515268051858186noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-61250541717612999292015-10-16T03:42:23.779+11:002015-10-16T03:42:23.779+11:00I think the point John is trying to make is that t...I think the point John is trying to make is that these numbers do not look believable. In the US we spend about 2.6% of out total personal consumption online (according to the US government), and just about everyone shops online. Whereas according to Jack Ma and the Chinese government, greater than 10% of total nationwide consumption is spent on Alibaba. First, this is not the only Chinese shopping site. Second, a lower proportion of people are shopping online in China (please don't dispute this). Just so everyone understands nationwide consumption includes things like food, healthcare, autos, housing, etc. All of that does not exactly happen online. This might be why O2O is so important to Jack. He seems to already have a monopoly on the rest of the purchases. As to why you would want to inflate the transaction value of a marketplace that relies on advertising for revenues and where the proprietor gets to hold your cash in escrow for an extended period of time - I would have no idea...LOLHSNYChttps://www.blogger.com/profile/15395322007245105962noreply@blogger.com