Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Showing posts with label Alibaba. Show all posts
Showing posts with label Alibaba. Show all posts

Tuesday, September 23, 2014

Alibaba’s Massive I.P.O. Reveals Wall Street’s Rigged Game

Alibaba, the massive Chinese e-commerce company that is the functional equivalent of Amazon, EBay, Uber, PayPal and a bunch of other companies combined, made its debut on the New York Stock Exchange this morning. It was the largest initial public offering in U.S. history, raising over $21.8 billion.
It was also a powerful example of how Wall Street, oftentimes, is a rigged game.

Sunday, May 11, 2014

From IPO To Rental Boyfriends: Everything You Need To Know About China's Alibaba

Why is everyone talking about Alibaba? 
Because this private Chinese e-commerce company filed paperwork on Tuesday to begin selling stock to the public on the New York Stock Exchange, and analysts say it may be valued above U.S. tech giants like Facebook.
What is Alibaba? 
China’s leading online shopping conglomerate, Alibaba Group has wriggled its many tentacles into almost all corners of the Chinese web. The bedrock of its business lies in two sites that handle different forms of e-commerce: Tmall (a business-to-consumer site often compared to Amazon) and Taobao (a consumer-to-consumer site similar to eBay). Beyond that, Alibaba plays a leading role in online and mobile payments, and other branches touch on areas such as cloud computing, search and group shopping.