[kictanet] (no subject)

[Ahmed Mohamed Maawy]

Listers,

Stumbled an interesting article that none the less may be a good insight
into how we may structure the business environments the way countries like
China do:

https://www.digitalasiahub.org/2016/11/04/is-china-buying-the-world-again-is-alibaba-the-poster-child-for-global-expansion/

Although yes the market dynamics are different but one thing we have in
common is the fact that we are each at the early stages of looking at
creating global and regional digital presence.

Anything significant to pick up for a discussion?

Excerpt:



*Chinese e-commerce giant Alibaba Group – the company that had caught the
attention of the global media with its historical IPO of $25 billion in
2014 – once again grabbed the headlines recently due to a standout $1
billion deal in April for a controlling stake of Lazada, an e-commerce
company that operates across six countries in Southeast Asia, including
Singapore, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. In
2015 alone, the company spent $18.3 billion acquiring stakes in more than
65 different companies both in and out of China, according to estimates.How
to understand this recent but highly visible global buying spree? In 2012,
University of Cambridge economist Peter Nolan wrote an illuminating book,
“Is China Buying the World?”, which countered the pervasive anxiety in the
popular media about China’s growing number of cross-border acquisitions,
then mainly from its national oil companies. Fast forward to today, when
China’s growing Internet industry is aggressively expanding globally,
empowered by the Xi Jingping-Li Keqiang leadership’s flagship “One Belt One
Road” roadmap and “Internet Plus” plan— one centred on expanding China’s
presence globally, and the other on the country’s booming digital sector—
the global expansion of China’s Internet firms, such as Alibaba, demands
urgent attention.*

-- 
*Ahmed Maawy*
Principal Product Management Specialist - Al Jazeera Media Network
Skype: ultimateprogramer
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