PLEDGE NOW
Alibaba And China’s Big Internet Players

China’s Alibaba – its Amazon – prepares an American IPO. We’ll look at the booming Internet landscape on the other side of the world.

A worker walks in the main building of Chinese e-commerce firm Alibaba.com, Wednesday, June 20, 2012, in Shanghai. China. (AP)

A worker walks in the main building of Chinese e-commerce firm Alibaba.com, Wednesday, June 20, 2012, in Shanghai. China. (AP)

Alibaba is coming to the U.S.A.  The Chinese Internet giant – China’s Amazon and more – is coming to Wall Street for an IPO.  A giant stock offering.  Maybe the biggest tech offering ever.  It’s opening a huge window into China’s alternate Internet universe.  Alibaba as its Amazon.  Baidu as its Google.  Tencent as its Facebook.  Now breaking all the rules and lines and competing with each other.  It’s been called the Internet’s World War I, and it’s all happening inside China.  It could change the Internet.  It could change China.  This hour On Point: Alibaba, and all the Internet in China.

– Tom Ashbrook

Guests

Gady Epstein, China correspondent for The Economist. (@gadyepstein)

Lily Kuo, emerging markets reporter for Quartz. (@lilkuo)

Tom Doctoroff, Asia-Pacific CEO for J . Walter Thompson. Author of “Billions: Selling to the New Chinese Consumer” and “What Chinese Want: Culture, Communism and the Modern Chinese Consumer.”

From Tom’s Reading List

The Wall Street Journal: New York Stock Exchange Is Front-Runner to Land Prized Alibaba Listing – “The two major U.S. stock exchanges typically compete aggressively for marquee IPOs, offering discounts on certain fees, and promotional efforts to increase visibility of the listing. Representatives from NYSE and Nasdaq have been courting Alibaba CEO Jack Ma since the middle of last year, according to people involved in the talks.”

Quartz: Alibaba’s $215 million purchase in Tango is about copying, not competing with, WeChat — “It’s not certain yet that US consumers want so many bells and whistles in their messaging applications—not having them is a core part of WhatsApp’s philosophy.Alibaba is still playing catch up in the messaging revolution that’s swept China. If demand for messaging apps that do much more than chat reaches the US, Alibaba doesn’t want to miss out.”

re/code: As Messaging Wars Escalate, Social App Tango Raises $280 Million –“In order to differentiate itself from pure messaging services, however, Tango has over the past year expanded its app offerings. Initially, Tango made a name for itself as a voice-over-Internet protocol service for smartphones, essentially an alternative to Apple’s FaceTime. But as text-based messaging services rose in popularity, Tango pivoted, tacking on content and social discovery elements to its app.”

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Sep 4, 2015
A paramilitary police officer carries the lifeless body of a migrant child after a number of migrants died and a smaller number were reported missing after boats carrying them to the Greek island of Kos capsized, near the Turkish resort of Bodrum early Wednesday, Sept. 2, 2015. (DHA/AP)

Migrant crisis in Europe. The Iran deal, cleared. A Kentucky clerk and gay marriage. Our weekly news roundtable goes behind the headlines.

Sep 4, 2015
Serena Williams reacts after winning a point against Kiki Bertens, of the Netherlands, during the second round of the U.S. Open tennis tournament, Wednesday, Sept. 2, 2015. (Charles Krupa/AP)

Serena Williams. The undisputed queen of tennis, and what she’s meant in sports and beyond.

RECENT
SHOWS
Sep 3, 2015
Journalists protest the murder of photojournalist Ruben Espinosa Becerril in Mexico City, on Aug. 2, 2015. (Marco Ugarte/AP)

Three Vice News journalists arrested in Turkey. A wave of journalists in prison. In graves. We’ll look at journalists worldwide under pressure.

 
Sep 3, 2015
A television screen on the floor of the New York Stock Exchange shows the decision of the Federal Reserve, on July 29, 2015. The Federal Reserve may raise interest rates soon. (Richard Drew/AP)

Should the Fed finally raise interest rates? In spite of the stock market roller coaster? We’ll dig into the Fed weighing the end of free money.

On Point Blog
On Point Blog
Martin O’Malley On The ‘Rigged’ Democratic Debates, And What America Needs
Wednesday, Sep 2, 2015

Former Baltimore mayor and Democratic Maryland governor Martin O’Malley has single digits in the polls in Iowa but is out there swinging. He joined host Tom Ashbrook on Wednesday.

More »
3 Comments
 
Our Week In The Web: August 28, 2015
Friday, Aug 28, 2015

You say #hashtag, we say, #forwhat? That, plus Usain Bolt and the ominous lurking Segway cameraman. Friday!

More »
Comment
 
Our Week In The Web: August 21, 2015
Friday, Aug 21, 2015

Do you even click? (And other reflections on link sharing and web commenting).

More »
6 Comments