Alibaba to buy out UCWeb in China's biggest internet merger

Comments (1)
ppp9988 wrote:

Ahh Mr. Ma again ..
The funny thing is that if companies are equipped with endless money, they go out to buy more companies. That raises a red flag in my investment habits. IF a company can not further develop their own products to gain more market share and depend on purchases of other companies, than there is certainly something wrong with the direction that the company takes. In Mr. Ma’s case there is recently a major move towards the retail markets to see. It started some years ago with Aliexpress. Now his new venture 11main.com to get hold of the US and EU markets seems like a doubled effort. Insiders say the loss of clients in their original alibaba.com, aliexpress and taobao due to unrealistic fees, combined with the fact that western countries prefer these days domestic manufactured products, leaves Mr. Ma’s core empire on the downward path.
To buy one company after the other instead of fixing the problems that the core business has, that is not a solution.

Jun 11, 2014 7:45am EDT  --  Report as abuse
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