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Up to a hundred times the price-earnings ratio (PE) bought it, how Ma has a bureau in the cloth? Alibaba (1688.HK) on November 15 announced the acquisition of Shenzhen City http://www.y3trainersuksale.com//men...ther-p-73.html, one of Qualcomm Enterprise Services Limited (hereinafter referred to as one of Qualcomm), but did not clear the acquisition mode, the amounts involved and other details . 11 24 Nike Dunk High (Dark Grey / White / University Blue / Dark Obsid, our reporter was informed as early as November 10 the two sides have held a signing ceremony in Shenzhen. According to Alibaba signed up through the acquisition of a floating agreement, Alibaba will be a profit in 2011 up through the valuation of 20 times, up through the acquisition of a 65% stake. Qiang Wei Nike Dunk High x Fragment Design Beijing Black Metallic Purple W, president of Qualcomm in accordance with a forecast that its net profit next year will reach 40 million Customs Nike Dunks High Playbook By YoaKustoms, so the acquisition of Alibaba stake through this part of the final or will cost about 500 million. Another reporter has learned Puma Trionfo Low Baylee Shoes – Red / White, one of Qualcomm's earnings in 2010 may be year of 500 million. Click here to prices, Alibaba will end nearly a hundred times the PE or the acquisition of an Octopus, this high-premium acquisition mode even in the present, the GEM is also rare. “Ali Baba from the perspective of sustainable development model this acquisition will not feel.” November 25, Shenzhen City, a long-term study of e-commerce private Wang Liang said to the reporter, Alibaba since last year as the 5th acquisition, the transaction means that Alibaba to integrate financial, logistics Puma Speed Cat 2.9 Mid – Black / Red, they also began to intervene in foreign trade customs procedures, “after the acquisition of communication to promote Alibaba B2B e-commerce from traditional ' information services' development 'part of the transaction service' a new stage , means that B2B e-commerce Ma finish the last mile. ” high-premium acquisition Qiang Wei Puma Future Cat Uni SF Men Shoes White Black, president of Qualcomm in accordance with a statement Nike Dunks Low Pro SB (Jordan Pack Black/ Royal Blue), an Octopus not only provide massive traditional B2B trade information, business opportunities show, also in-depth “export services” part, to provide clearance for the foreign trade enterprises, logistics, finance and other “one-stop” service. in Wei Qiang view Nike Dunk Womens High, if the founder of the first generation of e-commerce business, “Ali Baba” is a marriage agency, providing “half” service Lacoste Observe 2 Strap Mens, then “an Octopus” and other second-generation <a href="http://www.trading888.com"><strong>nike shoes free shipping</strong></a> e-business is the “marriage agencies + agency + marriage wedding services throughout the financial services ,” the full service platform. which is lacking in Alibaba and valued. After the acquisition of an Octopus, Ma successfully resolved the original e-commerce has been unable to solve the problem: namely Nike 6.0 Air Mogan Dark Navy White, customs clearance, logistics and finance. At the same time, Alibaba also filled the existing information on agency fees charged by for-profit model of the short board. “one of Qualcomm's core business is the implementation of the model by a single fee for each import transaction received only 1,000 yuan agency fee, which just mass with Alibaba combination of SME customers. “One of through an insiders. Costly to Alibaba through acquisition of other reasons. According to the reporter, now a commercial bank already provides for an Octopus “recycling” of 500 million credit, one of Qualcomm to financing for small and medium sized foreign trade enterprises Nike Air Force 1 High, about 20% of available float upward spread income. Wei Qiang told reporters, one of Qualcomm's revenue in addition to service fees of 1 Adidas Water Grip Purple,000 yuan each, the business spreads through loans and other integrated services, in fact, now the average income of each business 1600. Even so, one of Qualcomm current level of profitability is only general. This reporter has learned so far, a total number of SME customers through 1 Jimmy Choo Keenan Crushed Patent Platform Sandals Black,500 or so in the past few years, the annual growth rate close to the customer 50% of the total, but until last year for the first time to achieve profitability. Alibaba self-revolution With the acquisition of the dust settles, Ma is in fact their own personally designed Alibaba e-commerce-style traditional self-revolution. Alibaba's three quarterly, members of its international business, a net increase of the number of payments has been in the second quarter of 5100 slowed to 2800, a decline of more than 45%. Chinese business, the net increase in the third quarter than in the second quarter 38 000 52 000 decline. friction through Chase that Alibaba will launch next year an annual fee of 30,000 yuan plan, expected new customers will continue to slow down, and Ali Baba in 2011 earnings per share forecast by 8%, lowered target price from 18 yuan to 16 yuan. Credit Suisse Group also believes that the current share price rose Alibaba space is limited nike zoom kobe 5.5 shoes in black and white with purple, so lowered its target price of about 4% to 17.1 million. since October of this year, Alibaba's share price has been high today of 15.56 yuan fell to 13.36 yuan, a drop of up to 20% Nike Air Max 90 Black, while Hong Kong's Hang Seng index rose not even hit a new high. emerging e-commerce model is the impact on the formation of Ali Baba. In recent years, foreign businesses to conduct transactions directly with the online mode of foreign trade export enterprises are causing widespread interest, and is considered to promote the model of information outside of Alibaba another new force. But compared to Alibaba Puma Ferrari Future Cat GT Felipe Massa Men Shoes Red White, the operation of online trade platform there are many difficulties for the exporting enterprises, and foreign businessmen to do business directly in the online course is good, but the language barrier, culture and customs barriers, but also involves cross-border logistics , payment, customer service and dispute processing operations difficult. dependence on foreign trade womens air max 2012 mesh shoes in white and red logo, up to 300% of Shenzhen, for example, most SMEs are not welcome to Ali Baba, but to network and one of Dunhuang through the foreign trade transactions on behalf of the online site. “Despite the small scale, but an Octopus is a typical representative of the second generation of B2B.” The one of Qualcomm insiders, B2B e-commerce industry from the traditional “information service” to “transaction aspects of service “stage, so that the import and export services to achieve a one-stop total outsourcing , it has changed a single profitable e-commerce businesses.