The profits rate of Alibaba for the first season is 48% : the estimate median number is 62.5 billion dollar
Chinatopixstaffwriter | | Jul 19, 2013 09:36 AM EDT |
(Photo :Alibaba )
The finance report of Yahoo shows that the profits rate of Alibaba for the first season is 48.4%, which is two times that of Apple for the same period of time.
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Michael Clendenin, manager of RedTech Advisors, said that the increase of profit of Alibaba is because of the increase of demand of B2C service in China. Ma Yun said Alibaba could go public in five years. Analyst said the wealth of Alibaba is 100 billion dollar, and the profit rate is increasing. Alibaba is ready for go public.
He also points out that what Alibaba need is keep the increasing rate of profit. This is beneficial for go public.
John Spelich , the public announcer of Alibaba, hasn't made comment to this report. He said through an email that Alibaba hasn't published the schedule of go public.
Alibaba is similar to Ebay, is not a retailer but a platform for customers.
Eric Qiu, analyst of Guoxin Securities Inc ( Hong Kong), said the wealth of the product sold through Alibaba is 180 billion dollar last year which is far higher than that of American similar brands. For example, the profit rate of Amazon and Ebay for the first season is 0.51% and 18.1% separately.
Last year, the estimate wealth of facebook is 104 billion dollar before it go public. Mark Tanner, founder of China Skinny, said that Alibaba is still young and its stock price might surpass Facebook in the future.
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