Privatization, Alibaba, Yahoo disclosed the data of the Ali Group

Yahoo has submitted documents show that Alibaba Group's 2011 revenues of $ 2.345 billion, an increase of 80.66%; gross profit of $ 1.564 billion, an increase of 58.62%; operating profit of $ 325 million, up losses; 2011 attributable to Ali Alibaba Group's net profit was $ 268 million.
Listed or not is not a measure of the company advanced and the backward flag, nor is it a standard to measure the company is good or bad. Mainland stock market rarely like Ali Baba [13.22 -0.15%] so that the initiative to withdraw from the market case. Ma's move seems to tell people that the enterprise market is not the ultimate goal, can also retire, the most important thing is always to remain profitable, conform to the trend in order to stay ahead.
Alibaba Group's 2010 revenues of $ 1.298 billion, gross profit was $ 986 million, operating loss of $ 14,355,000 and Nike Air Yeezy net income was $ 42,463,000, the 2010 net loss attributable to the Alibaba Group, $ 10,743,000.
Alibaba Group's 2009 revenues of $ 730 million, gross profit was $ 535 million, operating loss of $ 39,460,000, net loss of $ 19,932,000, the 2010 net loss attributable to the Alibaba Group, $ 57,346,000.
Released from the the Alibaba privatization offer has been a week, speculation. I do not know Ma is hovering on the crossroads of standing in public opinion, has selected a straight broad road of courage. The people in the industry believe that, at this sensitive time, Alibaba start privatization, can be said to kill three birds: B2B business transformation only a supporting role, go to Yahoo and build the empire of the "Ali" is Ma's the ultimate goal.
Ali's announcement has repeatedly claimed that the privatization and repurchase Yahoo has nothing to do, but the industry generally believe that Ma is in the next set of big chess. Beijing Nike Air Yeezy 2 Yun Investment Consulting Co. analyst Linbi wild, privatization is the first reason is to strive for Nike Air Max 90 VT more control over the interview with this reporter, that is, "go to Yahoo" and the second reason is the dominant resource loaded into the shell, seeking to reflect in the income statement. In addition, capital markets generally believe that Alibaba seeking the privatization of the background of one of the stock price has long been underestimated.
The documents show that since the acquisition of the shares of Alibaba Group, as of December 31, 2010, Yahoo acquired the accumulated after-tax gain of $ 350 million; As of December 31, 2011, Yahoo acquired the accumulated after-tax income of 440 million dollars. In addition, Yahoo and Alibaba Group signed a commercial agreement to provide technical, research and development and advertising services, but as of December 31, 2011, these agreements have not yet generate revenue.
"Criminal intent" or upset
Select privatization, Ma attributed for the B2B business requires in-depth reform, while Ali Baba in 2011 the total membership to reduce the slowdown seems to have confirmed the Alibaba B2B business development into a necessary transition period.
Public information, since last year, Alibaba's membership began to decline. Alibaba Chief Financial Officer Bue, 2012, Alibaba membership will be negative growth, this means to the end of the year, international, foreign markets and the membership will continue to decline in the earnings conference call.
The problems brought about will be very obvious. Alibaba's revenue, membership fee income accounted for the absolute share of the loss of members of the Ma can not bear the pain.
"With further severe international and domestic economic environment, in particular SMEs in the face of the enormous pressure of the raw materials, exchange rates, labor costs, the B2B business model is facing enormous challenges, the need to accelerate the restructuring and upgrading. In this regard, we think about However, pain also has been working, but limited by the listed company structure, upgrade the determination is not big enough, the action is not thorough enough. "Ma said in the internal mail.
Ali Air Yeezys Baba headache than the transformation of the business itself, as well as the price to pay in the way of privatization. After all, its listing in 2007, the fund-raising amount is only $ 13.114 billion, but if you want the successful completion of privatization, its feedback to the capital markets may be as high as HK $ 21.728 billion. In addition, since the Alibaba IPO, there had been a series that contains the options granted, restricted stock units and stock-based compensation plans to expand the company's total share capital of capital operation, Alibaba's public shareholders, the number from the beginning of the listing of 9.72 billion shares increased to 1.328 billion shares, only to repurchase some of the public equity, Alibaba to pay the cost has reached $ 17.928 billion.
Right now, a succession of examples of share options to the exercise of Alibaba. Announced the privatization of the news, from February Air Yeezy Glow In The Dark 22 to 27, Alibaba continuous release four reports on the announcement of the share options exercised, a total of 158,125 share options to 5.54 Hong Kong dollars / share - 12.74 HK $ / share is not the price of its exercise.
However, in addition to the frustration, Ma "criminal intent" has been speculated, the industry called "Yahoo" of. Alibaba Group's equity, which Yahoo holds a 39%, Ma management holds 31.7%, Softbank holds 29.3%. The current transaction that is Alibaba Group intends to repurchase the 39% stake.
According to The New York Times reported, according to the potential terms of the transaction, the Alibaba Group and Softbank creation of a new subsidiary to inject cash and operating Air Yeezy Shoes assets. Yahoo will gain control over these entities, in exchange, the company will give up the shares of its holdings of the majority of the Alibaba Group and Yahoo Japan shares. Reported that the transaction is completed, Yahoo will get into Alibaba stake.