Friday, November 18, 2005

China's Alibaba.com Vows to Beat Google


From AsiaMedia:

"Internet firm Alibaba.com on Thursday vowed to defeat United States giant Google in the battle to become the dominant search engine for the potentially lucrative Chinese market.
Alibaba.com chief executive Jack Ma said his company was the undisputed king of the Web in China after seeing off e-Bay and taking over Yahoo's Chinese operations in an August deal that secured US$1 billion (HK$7.8 billion) of investment.
Mr. Ma said Google was vulnerable in China and Alibaba would focus on building up its search engine to keep out Google."

"Asked to spell out Alibaba.com's strategy, Mr. Ma said: "We win e-Bay, buy Yahoo and stop Google. That is for fun. Competition is for fun."

He accepted that Google and Yahoo were the dominant Internet powers in Europe and the US but said neither was that strong in Asia.
"I call them sharks in the ocean. We are crocodiles in the Yangtze River. If we fight in the Yangtze River, we have more chances than they have."

Yahoo! China Has 8 Months to Top Baidu or It's "Game Over"