www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Waning prospects dull appetite for Alibaba's investors

By Emma Gonzalez (China Daily) Updated: 2015-05-08 07:13

Waning prospects dull appetite for Alibaba's investors

Visitor walks at the headquarters of Alibaba Group in Hangzhou city, East China's Zhejiang province, Sept 21, 2014. [Photo/IC]

E-commerce giant Alibaba Group Holding Ltd will probably never have another year like 2014, when it drew global attention with its record $25 billion initial public offering on the New York Stock Exchange.

But less than a year after its September listing, investors are already souring on the company as they see flaws in its business plans that may outweigh the delay of new taxes on the industry.

Ahead of the release on Thursday in New York of Alibaba's results for the fiscal fourth quarter, which ended on March 31, Bloomberg reported that about $70 billion had been wiped off the company's market capitalization since November.

Investors have become increasingly concerned about China's economic slowdown and the possible impact on consumer spending.

Shiv Putcha, an associate director at United States-based technology consultancy International Data Corp, said that the economic slowdown would not have much of a direct impact.

"What will affect Alibaba is if consumption stays flat or declines. If new buyers from underserved areas are not spending enough to compensate for declines from higher-income users, then you will see a problem."

The company did get a bit of a breather on Thursday with the announcement by the State Administration of Taxation that a draft regulation on value-added taxes on e-commerce transactions will not be released this year, as previously planned.

The SAT said the VAT regulation, which will apply to all e-commerce enterprises, will not be released until at least next year.

Jane Zhang, an analyst in the consumer technology sector at Gartner Inc, said: "The news of the delay is positive for the e-commerce sector, especially for Alibaba, since it has the biggest market share. The lack of a specific legislation for e-commerce currently allows companies to have more flexibility."

However, the transaction tax is an issue Alibaba and its competitors will eventually have to face, as the SAT said it still plans to impose new taxes on the industry.

Positive news like this from China is always welcome to investors, since Alibaba's home market remains the source of more than 95 percent of its revenues. The operator of online marketplaces has failed to replicate its domestic success in the global market.

Will Tao, an analyst at consulting firm iResearch, said: "Alibaba's main challenge is international expansion. In order to generate higher revenues in foreign markets, the company needs to cooperate with local partners and identify the differences in those markets."

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 91免费公开视频 | 欧美一区二区在线观看视频 | 日韩国产成人精品视频 | se94se欧美综合色 | 国产v片在线播放免费观 | 精品久久久久久亚洲 | 国产精品黄在线观看观看 | 特级淫片日本高清视频 | 美女一级毛片视频 | 日韩在线一区二区三区 | 亚洲区精品久久一区二区三区 | 九九精品视频在线 | 亚洲精品国产一区二区图片欧美 | 成年黄色网址 | 国产精品视频久久久 | 亚洲爽爽 | 国产成人精品亚洲日本在线观看 | 亚洲第一狼人区 | 午夜爱爱毛片xxxx视频免费看 | 三级网站大全 | 国产福利三区 | 色天天躁夜夜躁天干天干 | 亚洲 成人 欧美 自拍 | 久久91精品综合国产首页 | 欧美性毛片大片 | 亚洲国产成人超福利久久精品 | 自拍偷拍视频在线观看 | 久久久精品久久视频只有精品 | 国产久视频 | 国产一区亚洲二区三区 | 七七国产福利在线二区 | 国产真实乱子伦xxxxchina | 国产成人3p视频免费观看 | 国产成人免费 | 久久精品中文字幕第一页 | 国产一级片视频 | 精品一区二区三区三区 | 欧美理论在线 | 国产精品欧美一区二区三区不卡 | 免费aa在线观看 男人的天堂 | 欧美成人精品大片免费流量 |