Alibaba F-1
sec.gov
Alibaba F-1
1–10 of 31 posts
Re: Alibaba F-1
#2Only raising $1B? Or is that a placeholder?
I would have assumed more like $20-30B.
Re: Alibaba F-1
#3"We operate a micro-finance business that provides micro loans to small- and medium-sized enterprises who are sellers on our wholesale and retail marketplaces, or our SME loan business. We extend micro loans through our lending vehicles licensed by the relevant local governments in China."
Turns out reading these is actually useful, I had no idea they issued microloans.
Re: Alibaba F-1
#4Only raising $1B? Or is that a placeholder? I would have assumed more like $20-30B.
[deleted]
Re: Alibaba F-1
#5"We operate a micro-finance business that provides micro loans to small- and medium-sized enterprises who are sellers on our wholesale and retail marketplaces, or our SME loan business. We extend micro loans through our lending vehicles licensed by the relevant local governments in China." Turns out reading these is actually useful, I had no idea they issued microloans.
What they mean is AliPay - http://global.alipay.com/ospay/home.htm
Jack Ma spoke on it last year at Stanford - http://www.youtube.com/watch?v=MRp4jiJed3c
My prediction: Alibaba is on a path to take over the world. In the next 5 years the startup and silicon valley landscape will change dramatically with the introduction of Alibaba as a major player stateside.
Yahoo will be bought, all these spree acquisitions and product dev based on borrowed time and money (ironically from Alibaba) is to walk away with as much money from Alibaba when that inevitable moment happens. Maybe that's why Marissa Meyer has such confidence.
If you work on anything tangential and remotely related to ecommerce, enterprise, or logistics, at scale--the type of scale that can actually impress a man that has the indirect democratic approval of a a nation composed of a billion people--you now have an additional avenue for exit aside from Amazon.
Alibaba will become an American household name overnight, that took 15 years to happen.
Re: Alibaba F-1
#6It failed to list in Hong Kong after HK said the partners could not retain control of board nominations after the sale
"""The negotiations foundered after regulators decided they would not allow Alibaba's partners to retain control over board nominations, maintaining that all shareholders should be treated equally, sources said.""" [+]
So does that mean that the SEC is going to allow them control? Does that mean HKSE is better governed than NYSE?
[+] http://mobile.reuters.com/article/idUSL4N0HL10H20130925?irpc...
Re: Alibaba F-1
#7It failed to list in Hong Kong after HK said the partners could not retain control of board nominations after the sale """The negotiations foundered after regulators decided they would not allow Alibaba's partners to retain control over board nominations, maintaining that all shareholders should be treated equally, sources said.""" [+] So does that mean that the SEC is going to allow them control? Does that mean HKSE…
I believe this has to do with the inability to issue non-preferred (non-voting) stock on the HKSE, something that is allowed on NYSE.
Re: Alibaba F-1
#8Of note, the NASDAQ has lost year to date what Alibaba will be valued at. Interesting anomaly in the market.
Also a tough time for a tech company to go public since the general marketplace seems pretty overpriced as it is these days. The fact that Alibaba is an established business with history should help it perform well on IPO day.
Re: Alibaba F-1
#9"We operate a micro-finance business that provides micro loans to small- and medium-sized enterprises who are sellers on our wholesale and retail marketplaces, or our SME loan business. We extend micro loans through our lending vehicles licensed by the relevant local governments in China." Turns out reading these is actually useful, I had no idea they issued microloans.
What they mean is AliPay - http://global.alipay.com/ospay/home.htm Jack Ma spoke on it last year at Stanford - http://www.youtube.com/watch?v=MRp4jiJed3c My prediction: Alibaba is on a path to take over the world. In the next 5 years the startup and silicon valley landscape will change dramatically with the introduction of Alibaba as a major player stateside. Yahoo will be bought, all these spree acquisitions and pro…
That's quite the prediction. I have been following Alibaba for a while now and it is an incredible phenomenon. What you predict might very well come true.
Reading up on Jack Ma is time well spent.
Didn't he retire from Alibaba? He's listed as the CEO on the F-1 so I presume not but he announced his intention to step down quite publicly at some point.
Re: Alibaba F-1
#10It failed to list in Hong Kong after HK said the partners could not retain control of board nominations after the sale """The negotiations foundered after regulators decided they would not allow Alibaba's partners to retain control over board nominations, maintaining that all shareholders should be treated equally, sources said.""" [+] So does that mean that the SEC is going to allow them control? Does that mean HKSE…
US securities law is about what level of transparency is required of publicly-traded companies. It doesn't try to dictate how a corporation is run, only what information it is required to disclose.
Share classes with different voting rights are nothing new. Recent high-profile examples are Google and Facebook, but there are myriad other examples, like Dow Jones prior to the Murdoch takeover, Comcast, and Berkshire Hathaway.
As long as it's disclosed, publicly-traded companies in the US can be structured pretty much however they want.