Tag: ecommerce

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

Post author By Steve
Post date December 23, 2021

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.

Tags business, china, chinese technology, ecommerce, gaming, jd, social media, tencent

Business Tech

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

Post author By Steve
Post date September 8, 2020

NEW DELHI, INDIA - MARCH 24: Warren Buffett, Chairman of Berkshire Hathway and Trustee of Bill and Melinda Gates Foundation during the press conference at the Hotel Oberoi on March 24, 2011 in New Delhi, India. (Photo by Ankit Agrawal/Mint via Getty Images)

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.

Tags amazon, ecommerce, investing, jeff bezos, sales, tech, technology, video, warren buffett

Tech

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

Post author By Steve
Post date September 7, 2020

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.

Tags checkout, ecommerce, fast, fast.co, jason calacanis, one click, one click checkout, technology, this week in startups

Business Stock Market Tech

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

Post author By Steve
Post date April 27, 2020

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.