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Business Tech

Tencent Sells Giant Stake in JD.com – Dropping its ECommerce Share

Tencent is a giant in the world of Chinese technology and beyond. Today they have announced that they will be selling most of its stake in JD.com.

Tencent will reduce is staking from 17% to 2.3%.

The proceeds will help Tencent provide shareholders with a $16.4 billion dividend.

After long being JD’s largest stakeholder, Tencent will give the title to Walmart.

This seems to be a Tencent strategy that has paid off in the long term. Instead of Tencent looking to acquire many companies in adjacent industries – they have decided to acquire minority stakes in a huge number of technology companies globally.

Why?

Its far easy to own more when you own a minority. If Tencent were to acquire more companies – they would have issues with Government and regulator approval.

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Business Tech

Warren Buffett: Amazon’s Jeff Bezos Has Changed The World

Warren Buffett’s views on Jeff Bezos and how he has changed the world. 

Why this matters: Warren Buffett for a long time has been watching Jeff Bezos and commenting on how amazing the run of Amazon has been. It would have been very interesting if Warren Buffett understood the technology industry at the beginning of the internet as it would have provided a lot of great investment opportunities.

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Tech

Interview Domm Holland on launching Fast, a one-click checkout for the entire Internet (Video)

Another amazing interview by Jason on This Week in Startups.

Domm Holland runs Fast, a one-click checkout for the entire Internet.

It seems like Domm noticed that Amazon’s one click patent expired and took advantage.

Categories
Business Stock Market Tech

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.

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Business Stock Market

Is Alibaba a Trillion Dollar Company?

No.

At the time of writing this article Alibaba (BABA) has a market cap of $545 billion.

Source: Yahoo Finance (BABA)