Alibabba and 1 million jibs.

Alibaba Executive Chairman Jack Ma met U.S. President-elect Donald Trump on Monday and laid out the Chinese e-commerce giant's new plan to bring one million small U.S. businesses onto its platform to sell to Chinese consumers over the next five years, an Alibaba spokesman said.

Alibaba Group Holding Ltd (BABA.N) expects the initiative to create one million U.S. jobs as each company adds a position, company spokesman Bob Christie said in a phone call.

Alibaba has previously campaigned to bring more small U.S. businesses onto the company's sites, but this is the first time Ma has discussed specific targets.

Trump and Ma emerged from their meeting at Trump Tower in New York together. The president-elect told reporters they had a "great meeting" and would do great things together. Ma called Trump "smart" and "open-minded."


Pretty simple but why focus on that when you ( not you )can just repeat moveon or correct the record talking points?

 

Exactly, liberal loons just regurgitate everything they are told to say, just like the lie of making fun of a reporter who has a medical impairment, but does not flail his arms like they said Trump did mocking him. Trump mocked him because he is a (*)(*)(*)(*)ing liar, as he did Ted Cruz and some general

 

From the link in the OP. Maybe you should read it before you comment.

BTW: 1 million employees would make Alibaba the 2nd largest employer in the US, only Walmart has 2.3 million. All other employers are below 1 million. Think about it, it's not possible.

It seems you regurgitate everything good you read about Trump without critical thought.

Let me ask you this: As far as I remember you run a barber shop. Maybe employing 2-3 people? If so, would you expand your business by a factor of 30 (90 employees) only because Trump promises you a 5% tax break? Think about it, that's exactly what Alibaba is "promising".

If you can't see that this is just a publicity stunt by Alibaba to increase their stock price (it worked, the Trump fans bought some stock, bumping up the price), and Trump to please his adoring fans, then I have a bridge to nowhere to sell to you. I promise, it's a good deal.

 

In other words you did not read what i posted.. Thanks..

Btw

Alibaba estimates its China retail marketplaces "contributed to the creation of over 15 million job opportunities."

 

"Estimates"? LOL. The OP said "jobs" nor "job opportunities".

In any case, keep believing in the tooth fairy. I rather stick with actual numbers and not "estimates" to boost the company's stock price.

 

Wrong again, I own a chain of hair salons and we have over 50 employees. As far as being critical, get back to us if and when this distorted opinion of yours materializes. Your opinion which you are regurgitating from liberal loon Trump hating sites.

How anyone wanting to downplay the advance of jobs in the US is beyond me. The only reason to hold that position is because they hate Trump and the United States. No matter what the numbers end up, it builds American confidence for jobs coming back to the US, and only a traitor to our nation would not want that to happen.

Maybe you can give us the downside to Americans having great optimism?

You have already defined your position by saying all they sell is junk, which you have no business judging anything that benefits the United States

 

Job creation.. Simple concept.. No one claimed they would hire 1 million people... You might want to look at their actual stock. They dont need help boosting the stock price...

So outside of "Lol's" and conspiracies do you have anything to contribute?

http://money.cnn.com/quote/quote.html?symb=BABA&source=story_quote_link

Look at the 52 week range.....

Oh and

http://money.cnn.com/2017/01/09/technology/yahoo-marissa-mayer-altaba/

Seems they are quite busy ( you would know this if you read the previous wiki link)

They dont need a *tweet* for anything.

 

You have demonstrated how US manufactured gimcracks and geegaws will be beneficial and entertaining to conservatives and GOP lawmakers. Your job on the production line awaits.

 

Still unable to address the numbers I posted. No surprise, because feeling is all that matters to you, and not numbers.

BTW, nowhere did I say I am downplaying the advance of jobs in the US, I am all for job creation.

What I criticize is completely unrealistic job creation numbers being thrown around to make Trump look good.

You are actually hurting your own brand by attributing all this to Trump as a president-elect. In a few years, when the numbers haven't materialized, coal miners in WV are still out of work, people are still paying high premiums for now worse medical coverage, but the rich sitting on even more money they don't invest, then these expectations will come back to bite Trump. And then the pendulum will swing back to the Democrats, as people get sick of Trump, as they do of each president after a while.

My mantra: When things sound too good to be true, they probably are. And this Alibaba announcement is too good to be true. No single company will create 1 million jobs in the US, not even Walmart. It is just not realistic.

 

You tell me. Looking at their stock price since inception, there is nothing that would entice me to invest in them.

I am actually not bashing Alibaba. What I have a problem with is the Trump supporters who mindlessly regurgitate the "1 million jobs" statement, without considering that this is actually impossible.

 

"We're focused on small business," Ma told reporters. "We specifically talked about ... supporting 1 million small businesses, especially in the Midwest of America. Small businesses on the platform selling products — agriculture products and America services — to China and Asia, because we're pretty big in Asia."

You think its *impossible* for on average each business they support to add one job each?

Interesting.. Let me guess your basis for this is the name Trump. To me that would be "mindlessly regurgitating" but thats just me.

"EMarketer estimates that there will be more than $150 billion in cross-border e-commerce sales in China by 2020. "

Impossible? Hardly!

 

So having a positive feeling about the economy is a bad thing for you.

Your questioning is left wing hyperbole and nothing more. The stock market has even responded to Trump in a very positive way, and liberals and media do nothing but downplay it. So sad

 

This hero-worship is beyond pathetic, isn't it?

 

Oh, boy. You're right. It is only 46,228.

 

Trump haters hate good news and will do everything they can to sabotage it.

 

Downplay jobs? Omg. That's EXACTLY what y'all have to Obama every step of the way.

Billy, you're better than this.

 

Look at even very successful businesses in the US, like Amazon (see graph above). When did they ever create 1 million new jobs? A business all of a sudden growing 30-fold? Show me an example when this ever happened.

Until you can, this is just totally unfounded optimism based in partisanship, rather than critical thinking.

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Still can't address the numbers I posted, just your "positive feeling".

Let me ask you: How many jobs have you created in your chain since Trump was elected due to your "positive feeling"? And please be truthful.

 

Obama did absolutely nothing to bring jobs to America except throw hundreds of billions of our tax dollars at shovel ready bull(*)(*)(*)(*). The stock market and companies like we are discussing are responding to a president who is going to remove all the restrictions and tax increases put in place by Obama

I am better than that because I can add and subtract, much unlike those democrats who love spending other people's money

 

Zero, until my taxes are lowered, to include getting rid of the insane Obamacare nightmare. Expanding to just expand seems to be your idea of success, which is why your argument only shows you're only here to bash Trump and any positive affect he has on our economy

Democrats idea of testing a market is throwing money at a wall to see how much of it sticks.

 

I suggest you read further.. Again they are speaking about creating jobs not hiring directly.

 

Don't look down your nose at production jobs.

Production jobs put food on peoples tables.

 

Again your chart discusses employees not jobs created... Critical thinking indeed!

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That explains the need to make it about something its not ( not you) instead of reading the article and replying.

 

So you concede that businesses, including your own, don't hire based on mere "business friendly" statements, but only after they see their taxes reduced? Thank you very much for making my point.

Also, wouldn't it be smarter to only start hiring once you see increased demand? Yet, Trump's policies do nothing to increase demand.

 

BTW, your comment about Amazon not even creating a million jobs is typical of liberal math. Their tentacles are so far reaching through 10's of thousands businesses that sell through Amazon, so the number would be in the millions of jobs.

 

So, tell me, what's the positive multiplier for each employee of Alibaba? Can it be a factor of 30? Well, wouldn't we be in a great economic environment if numbers would work out like that. Unfortunately, in the real world positive feedback is much lower than that.

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It surely is. You just can't reason with these people.