Alibaba: we are ready to go public at any time. We will be among the top 500 in the world three years later.

Wei Zhe, president of Alibaba B2B business, revealed that Alibaba Group will see rapid development in the next two years. Three years later, Alibaba will become one of the top 500 companies in the world, become the top 5 or top 3 Internet companies in the world. At the same time, although Alibaba does not have a specific listing schedule, it is ready to go public at any time.
In the future, Alibaba is confident in providing data
Three years later, he wants to enter the world's top 500 and become one of the top five or even top three internet companies in the world.
From integrity, market, payment, search, and software, after the strategic deployment of the "five carriages", what is the next goal of Alibaba? At yesterday's "online commerce" Forum, Wei Zhe, president of Alibaba B2B business, told reporters that with the completion of the deployment of Alibaba's e-commerce "five driving carriage, in the next two years, the Alibaba Group will see rapid development. Three years later, Alibaba will become one of China's top 500 companies in the world and the top 5 or even top 3 Internet companies in the world. Alibaba will carry out a series of strategic re-engineering projects in order to cooperate with the rapid development pace. At the same time, although Alibaba does not have a specific listing schedule, it is ready to go public at any time.
Wei Zhe said that what Alibaba hopes to achieve is the top 500 in value rather than the top 500 in revenue. One company in the United States that has achieved the top 150 in revenue is applying for bankruptcy. Wei Zhe said with confidence that in 2005 Yahoo's evaluation of Alibaba's value had reached 4.25 billion US dollars, while almost no company in China's non-monopoly industry had more than 10 billion US dollars. Our goal for Alibaba is to reach the top five in the global internet field in 2010. Currently, the top five companies are Google, Yahoo USA, Yahoo Japan, Amazon, and ebay, with the lowest market value reaching $14 billion.
With such confidence, Wei Zhe expressed his optimism about the future of e-commerce: in the next few years, global e-commerce will usher in a period of rapid development. It is estimated that the total volume of e-commerce transactions will reach $2010 by 27.4 trillion. The transaction volume in China's B2B e-commerce market accounts for about 95% of the total transaction volume in China's e-commerce market. It is estimated that the transaction volume in China's e-commerce market will reach 2010 RMB by 14.8 trillion.
Whether or not Alibaba is listed and when it is listed has always been the focus of the industry. Wei Zhe told this reporter that Alibaba may be listed at any time, but there is no specific timetable for listing. There is no specific timetable to understand from two aspects: 1. Alibaba has no pressure to go public. The first day of the birth of many Internet companies is to go public. As a result, their values and strategic systems have neglected to provide better services to customers. Alibaba's values do not have the concept of listing. Another reason Alibaba has no pressure to go public is that its investors are now strategic investors rather than venture investors. Second, the so-called no specific timetable for listing can also be understood as Alibaba is ready to go public at any time. Since its establishment, Alibaba has invited PwC to perform the company's financial audit, which makes Alibaba's financial standards very compliant with international financial accounting standards. Goldman Sachs, the company's initial strategic investor, also introduced a good management system to Alibaba.
In an interview with reporters, Wei Zhe also revealed that Alibaba will introduce strategic logistics providers in a few years. Previously, Taobao and China Post launched the "E-mail ". Alibaba will select strategic partners for its international trading platform and domestic trading platform by the third quarter of this year at the latest. Alibaba will select more than one international and national partner based on bulky goods and small goods. Including China Railway Express and FedEx are all within the scope of their selection.