www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Across America

Alibaba reportedly to fund Snapchat

By Amy He in New York | China Daily USA | Updated: 2014-07-31 11:13

China's e-commerce giant Alibaba Group is reportedly in talks to provide funding to US messaging company Snapchat, further adding to the Hangzhou-based company's string of investments in American companies leading up to its US IPO debut.

Alibaba is part of a group of investors that Snapchat is in talks with, according to Bloomberg News, which said this latest round of financing may value the California-based company at $10 billion. Alibaba and Snapchat representatives did not return requests for comment.

Founded in 2011, Snapchat is a messaging application where users send photos to friends - called "snaps" - and limits the viewing time to 10 seconds before the snaps disappear.

Users send more than 700 million snaps a day, according to Snapchat, though it has never disclosed its user numbers, which analysts estimate to be about 80 million.

Justin Ren, professor of technology management at Boston University's School of Management, said Alibaba's continued investment in US companies serves multiple purposes for the company, since it is now "a company from an emerging economy that has just started its ascending step to the world stage". Its investment in Snapchat may be a signal to the Western world that Alibaba is aspiring to be a major player in the tech industry, he said.

"It can be an effort to increase its relevance in the new economy. Alibaba is mainly a technology company, and it desires to stay at the forefront of the high-tech world. In China, PC-based e-commerce is stagnating while mobile-based commerce is the new wave," he said. "Because Alibaba is currently lagging behind Tencent in market share in mobile e-commerce, investing in Snapchat may be one of the company's efforts to beat competition and win more market share on the mobile platform."

Being associated with growing Internet brands like Snapchat - with its young demographic of users aged 13 to 25 - may raise the Alibaba's brand recognition in the US, Ren said. The messaging company makes no money from its mobile application, but its features, user base, and growth were enough to stir Facebook's interest last year, and the tech giant made a $3 billion offer to purchase Snapchat, which was rejected.

"In the near future, I think Alibaba is trying to reach more users outside China. People in China know about Alibaba and know what kind of company it is, but people here don't," said Henry Guo, analyst at JG Capital. "In the future, Alibaba might be able to monetize its connection with Snapchat, but in the near term, this serves a branding purpose."

Compared with Chinese companies like Tencent with its flagship WeChat messaging application, Alibaba doesn't have an equally robust product, Guo said.

"You think about WeChat in China, which Tencent gradually added e-commerce elements to. But Alibaba doesn't have anything significant like WeChat, so Alibaba needs partners like Snapchat to build a user base so that in the future, it can add e-commerce to the platform," he said.

Alibaba most recently invested in ride-sharing company Lyft, which lets users request and give car rides to others, similar to services provided by Uber. Alibaba was part of a $250 million round of financing for the San Francisco-based company.

Earlier Alibaba led a $280 million investment in messaging company TangoMe that allows users to make video and voice calls, and led a $206 million investment in e-commerce platform ShopRunner.

amyhe@chinadailyusa.com

Polar icebreaker Snow Dragon arrives in Antarctic
Xi's vision on shared future for humanity
Air Force units explore new airspace
Premier Li urges information integration to serve the public
Dialogue links global political parties
Editor's picks
Beijing limits signs attached to top of buildings across city
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产精品爱久久久久久久9999 | 日本成a人伦片 | 91在线永久 | 免费一级a毛片在线播 | 怡红院日本一道日本久久 | 欧美日韩第三页 | 无圣光福利视频 | 国产自产在线 | 美国毛片在线观看 | 日本精品视频一区二区三区 | 99这里只有精品66视频 | 香蕉tv亚洲专区在线观看 | 欧美毛片a级毛片免费观 | 久久se精品一区精品二区 | 午夜三级a三点 | 香蕉久久夜色精品国产尤物 | 亚洲美女一级片 | 日韩a一级欧美一级在线播放 | 草草草在线视频 | 美女喷水网站 | 伊人网在线免费视频 | 欧美视频在线一区二区三区 | 好看欧美视频高清va | 毛片网站在线看 | 成年女人免费毛片视频永久 | 在线91精品亚洲网站精品成人 | 在线观看精品视频网站www | 亚洲在线观看视频 | 国产成人精品综合网站 | 日韩精品久久久免费观看夜色 | 日本综合欧美一区二区三区 | 欧美成网站 | 亚洲国产精品久久网午夜 | 欧美一级aa天码毛片 | 欧美日韩在线视频不卡一区二区三区 | 欧美日本道免费一区二区三区 | 一级毛片免费不卡在线视频 | 国产美女毛片 | 免费一级毛片在线播放视频 | 成人精品亚洲人成在线 | 国产在线a不卡免费视频 |