Transcript
Introduction
Patrick
Hello. Welcome to Business Breakdowns. I'm your host Patrick O'Shaughnessy. Today we'll be breaking down the world's largest e-commerce company, Alibaba. Alibaba was founded in 1997 by Jack Ma and almost 20 other co-founders, as an online bulletin board that allowed small Chinese manufacturers to tell buyers around the world that they were open for business. Today, Alibaba operates a sprawling ecosystem of businesses that includes e-commerce marketplaces, cloud computing, food delivery, logistics, and financial services. In this Breakdown, we discuss the staggering scale of Alibaba's business, how Alibaba went from copycat to innovator, and the looming threat of the next generation of Chinese juggernauts, and how competition is viewed differently in China versus the West. For this episode, I'm joined by a special guest host, Claire Cormier Thielke, who many of you will remember from her appearance on Invest like the Best. Claire is the managing director of Asia Pacific for Hines and brings her firsthand view of what Alibaba has built in China, and her daily experience using the company's products. To help us break down Alibaba, we're joined by Ram Parameswaran, the founder and managing partner of investment firm Octahedron Capital. Ram has invested in some of the biggest Chinese companies of the past decade, including Pinduoduo and ByteDance, and is the first person I thought of when wanting to breakdown Alibaba. I hope you enjoy this Business Breakdown.