Black Friday 2014 Ads, Sales and Deals
Menu
$3.99 Blu-ray Deals now also in Amazon Black Friday 2014 Sale

$3.99 Blu-ray Deals Matched in Amazon Black Friday 2014 Sale

Samsung Galaxy S5 is $1 in Best Buy Black Friday Sale on 11/23

Samsung Galaxy S5 is $1 in Best Buy Black Friday Sale on 11/23

$1.99 Best Buy Black Friday 2014 DVD Sale is Live

$1.99 Best Buy Black Friday 2014 DVD Sale is Live

Sam's Club Pre Thanksgiving Sales Event is Live

Sam's Club Pre Thanksgiving Sales Event is Live

Apple Black Friday 2014 Sale to include Beats Gift Card Deals

Apple Black Friday 2014 Sale to include Beats Gift Card Deals

Alibaba Group to be a Major Shareholder of AutoNavi

May 10 2013, 6:17am CDT | by , in News | Technology News

Alibaba Group to be a Major Shareholder of AutoNavi
 
 

The Chinese Alibaba group has hit the jackpot. Not only has it acquired a major share in the electronic navigation tools maker AutoNavi, but as a stakeholder of 20% to 30% it has taken a huge chunk out of the firm. The graph for the Chinese is quite certainly on the rise.


The Alibaba group, which is an Internet colossus of Chinese origin, has just gained acquisition of about one third of the stakes in AutoNavi, a navigation tool-making company. The news according to Tech Sina may just be a rumor for now yet Alibaba is said to officially announce this decision on Monday. A spokesperson declined to make any further comments on the matter. What goes on within board room meetings stays within board room meetings.

Alibaba seems to have pushed out the CEO of AutoNavi, Jun Hou who was previously the major shareholder. In the capacity of the most widely employed navigation service in China, AutoNavi is the possessor of a mobile mapping app that is used by a hundred million people. And as an e-commerce elitist, Alibaba was already into the game of buying big pieces of intellectual property. With this merger in the air, it seems the deal will pay off quite handsomely.
 
When you look at the statistics of the deal it figures. Alibaba already is a force to be reckoned with. It makes more in monetary terms than Ebay and Amazon both. In fact, it wouldn’t come as much of a surprise that Alibaba equals other giants such as Facebook with its valuable assets which are worth at least a $100 billion. Alibaba is keeping mum regarding the deal though.

The main reason for this taciturn behavior in matters of speech is some of its other commitments which it has to look to on an urgent basis. Preparations for Taobao’s ten year anniversary are an alibi that Alibaba has. Alibaba’s Taobao service has made a name for itself in map navigation. With this acquisition, the service can be fortified even more. Things are looking up for Alibaba and the staff can expect raises in the future.

The science of mergers and acquisitions are a fundamental part of the business world. When companies see themselves going down they start selling their shares in a desperate bid to gain the necessary profits to restart a business afresh. But the market climate is so unpredictable that there is simply no guarantee that winners will keep winning and that the losers would lose no matter what. Rather there are a few surprises in store for those who like to make predictions. The future simply contains too many variables to be subject to planning or prophecies.


Black Friday 2014 Deals

Amazon Black Friday Deals Week
Walmart Black Friday Deals and Ads
Best Buy Black Friday Deals and Ads
Target Black Friday Deals and Ads
Apple Black Friday Deals and Ads
Sears Black Friday Deals and Ads
Dell Black Friday Deals and Ads
NewEgg Black Friday Deals and Ads
Kmart Black Friday Deals and Ads
 

Read the Latest

Top 25 Best Buy Black Friday 2014 Deals

Top 25 Best Buy Black Friday 2014 Deals We have picked for you the Top 25 Best Buy Black Friday 2014 deals.

2 minutes ago

The Top 25 Walmart Black Friday 2014 Deals

The Top 25 Walmart Black Friday 2014 Deals The Walmart Black Friday 2014 Ad is again one of the best Black Friday ads. We have analyzed the deals and identified...

1 hour ago

Microsoft sets a new world record for most people in a selfie

Microsoft sets a new world record for most people in a selfie The Lumia 730 was specifically selected because of its 5MP front-facing camera

1 hour ago

ITC Urged to Ban Nvidia Chips in the US

ITC Urged to Ban Nvidia Chips in the US Samsung has asked the agency to block the computer-graphics chips that are made by the Santa Clara, Calif.-based...

2 hours ago

Hot Movie Black Friday 2014 Deals on Sale Sunday

Hot Movie Black Friday 2014 Deals on Sale Sunday Black Friday 2014 is here and with it the best time to score deals on Movie and TV Show on DVD and Blu-ray.

3 hours ago

Home Depot Black Friday Pre Sale launched

Home Depot Black Friday Pre Sale launched Home Depot Black Friday 2014 Pre Sale begins today.

3 hours ago

Apple Black Friday 2014 Sale to include Beats Gift Card Deals

Apple Black Friday 2014 Sale to include Beats Gift Card Deals The Apple Store will open at 8am on Black Friday, November 28. We predict that the Apple Black Friday 2014 Sale in...

3 hours ago

Hot Video Game Black Friday 2014 Deals selling Sunday

Hot Video Game Black Friday 2014 Deals selling Sunday Black Friday 2014 is here and with it the best time to score deals on Video Games. We have found the best video game...

4 hours ago

Lewis Hamilton is won Formula One Championship 2014

Lewis Hamilton is won Formula One Championship 2014 The Formula One championship 2014 is almost certain to go to Lewis Hamilton. Nico Rosberg has technical issues.

5 hours ago

Black Friday 2014 Sales launched by Walmart, Amazon, Best Buy and Sam's Club

Black Friday 2014 Sales launched by Walmart, Amazon, Best Buy and Sam's Club If you think Thanksgiving Day is when Black Friday 2014 sales begin than you are wrong. Black Friday deals advertised...

6 hours ago

Sam's Club Pre Thanksgiving Sales Event is Live

Sam's Club Pre Thanksgiving Sales Event is Live Sam's Club is offering a Pre-Thanksgiving Sale starting today until Nov. 26.

6 hours ago

$3.99 Blu-ray Deals now also in Amazon Black Friday 2014 Sale

$3.99 Blu-ray Deals Matched in Amazon Black Friday 2014 Sale Amazon is matching the $3.99 Blu-ray Black Friday 2014 sale advertised by Best Buy. $3.99 Blu-ray movies are on sale...

7 hours ago

$3.99 Blu-ray Best Buy Black Friday 2014 Sale is Live

$3.99 Blu-ray Best Buy Black Friday 2014 Sale is Live The Best Buy Black Friday 2014 Sale has already launched today with Best Buy offering deals advertised in the Best Buy...

7 hours ago

$1.99 Best Buy Black Friday 2014 DVD Sale is Live

$1.99 Best Buy Black Friday 2014 DVD Sale is Live The Best Buy Black Friday 2014 Sale has already launched today with Best Buy offering deals advertised in the Best Buy...

8 hours ago

$24.99 Amazon Fire TV Stick sells Online in Best Buy Black Friday Sale

$24.99 Amazon Fire TV Stick sells Online in Best Buy Black Friday Sale The Amazon Fire TV Stick is sold out on Amazon and will not ship in time for Christmas. Best Buy offered the Fire TV...

8 hours ago

Best Buy Black Friday 2014 Sale launched

Best Buy Black Friday 2014 Sale launched The Best Buy Black Friday 2014 Sale has basically launched today with Best Buy offering deals advertised in the Best...

8 hours ago

Amazon matches Best Buy's Sony XBR55X850B 4K Ultra HD TV Black Friday 2014 Deal Today

Amazon matches Best Buy's Sony XBR55X850B 4K Ultra HD TV Black Friday 2014 Deal Today Amazon is selling the 55-inch Sony XBR55X850B 4K Ultra HD TV today for the advertised price in the Best Buy Black...

10 hours ago

Logitech Black Friday 2014 Sale is Live on Amazon saving up to 55%

Logitech Black Friday 2014 Sale is Live on Amazon saving up to 55% Black Friday 2014 is here and with it the best time to score deals on Movie and TV Show on DVD and Blu-ray. Today...

10 hours ago

The Expendables 3 Amazon Black Friday 2014 Deal starts at $14.96

The Expendables 3 Amazon Black Friday 2014 Deal starts at $14.96 Black Friday 2014 is here and with it the best time to score deals on Movie and TV Show on DVD and Blu-ray. Today The...

10 hours ago

Star Trek: The Next Generation Seasons on Blu-ray start at $19.99 in Amazon Black Friday Sale

Star Trek: The Next Generation Seasons on Blu-ray start at $19.99 in Amazon Black Friday Sale Black Friday 2014 is here and with it the best time to score deals on Movie and TV Show on DVD and Blu-ray. Today The...

11 hours ago

Hot Downton Abbey: Seasons 1-4 Amazon Black Friday 2014 Deal is Live

Hot Downton Abbey: Seasons 1-4 Amazon Black Friday 2014 Deal is Live Black Friday 2014 is here and with it the best time to score deals on Movie and TV Show on DVD and Blu-ray. Today...

11 hours ago

Asus X551MAV-HCL1103E Laptop is $199.99 in Best Buy Black Friday 2014 Sale on 11/23

Asus X551MAV-HCL1103E Laptop is $199.99 in Best Buy Black Friday 2014 Sale on 11/23 Best Buy added new Black Friday deals on Sunday including the deal below.

11 hours ago

Comments

blog comments powered by Disqus