What is the fundamental difference between Amazon and Alibaba? They seem similar, but with different business models

Here is the key difference.

Alibaba is a marketplace. They do not own the inventory of the merchandise sold. They put buyers and sellers together. Buyer and seller agree on terms online via their platform or offline.

Amazon’s main business is they own the inventory, and sell directly to the customer.

Both models have their Pros and Cons. Amazon has also turned into a very strong third party seller platform in recently years, but they still like to control a lot of the fulfilment.

How much Venture Capital has Spotify Raised and From whom?

Spotify raised a total of $188 million from venture capital and private equity companies before its IPO.

Series A, 10/08 $21.6M
Creandum
Northzone
Li Ka-shing

Series B, 8/09 $50M
Wellington Partners
Li Ka-shing

Series C, 2/10 €11.6M
Sean Parker
Founders Fund

Venture Round, 6/11 $100m
Kleiner Perkins Caufield & Byers
Accel Partners
Digital Sky Technologies

source: http://www.crunchbase.com/company/spotify

What is the Difference between Xiaomi XIACF and XIACY?

If you searched for Xiaomi ADRs, you’ve inevitably come across both XIACF and XIACY. What’s the difference? You cannot trade XIACF as a retail investor because it’s a “privately placed” ADR under SEC Rule 144A. This means that they’re for qualified institutional buyers (QIBs) only. QIBs want and contribute to the 25x higher average trading volume than XIACY. Volume ensures there are enough buyers and sellers to trade with you. Information and services are also limited to QIBs.