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People Spend Over $9,000 On Alibaba Every Second

People Spend Over $9,000 On Alibaba Every Second | cross pond high tech | Scoop.it

In case you hadn’t heard, China’s e-commerce giant Alibaba just had the world's biggest IPO in history. 

But if you thought Alibaba's revenue was explosive, get this: Based on estimates from The Economist charted for us by Business Insider Intelligence, Alibaba shoppers spend an average of $9,368 each second. This is an incredible feat, especially when you consider Amazon shoppers spend less than half of that value ($3,691) each second. Users on eBay, which once tried to compete with Alibaba in China, only spend about $2,775 each second. In other words, Alibaba sells a ton of stuff, and consumers feel very comfortable buying all of it.

Philippe J DEWOST's insight:

Drawning by numbers : Alibaba sales are so huge that they become meaningful when measured every second...

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Yaroslav Writtle's curator insight, September 24, 2014 4:00 AM

Alibaba's is one to follow - they have established a fantastic customer base and are expanding into payments and B2C

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Awox fait entrer les objets connectés sur Euronext Paris

Awox fait entrer les objets connectés sur Euronext Paris | cross pond high tech | Scoop.it

La start-up Awox, spécialisée dans les objets connectés pour la maison et le divertissement, a lancé mercredi son introduction en Bourse. Elle compte lever 17 millions d’euros sur Euronext Paris.


Via Jerome Faul
Philippe J DEWOST's insight:

Bravo à Awox , belle réussite de LaFrenchTech ! citée en slide 15 de http://j.mp/beyondscreens

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Let's Figure Out What Facebook Is Actually Worth...

Let's Figure Out What Facebook Is Actually Worth... | cross pond high tech | Scoop.it
About $20 according to this analysis by Henry Blodget
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Rescooped by Philippe J DEWOST from Innovacom Gestion
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AwoX, le Français spécialiste des objets connectés, lève 25 millions d’euros

AwoX, le Français spécialiste des objets connectés, lève 25 millions d’euros | cross pond high tech | Scoop.it

Au total, la demande a dépassé 107 millions d’euros – dont plus de 85 millions pour l’offre réservé aux investisseurs institutionnels, et 22 millions pour celle réservée aux particuliers - soit plus de cinq fois le montant initial proposé, le prix d’introduction de l’action ayant été fixé à 19,38 euros.


Via Jerome Faul
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Twitter Files for IPO

Twitter Files for IPO | cross pond high tech | Scoop.it
We’ve confidentially submitted an S-1 to the SEC for a planned IPO,” the company said in a tweet on Thursday. “This Tweet does not constitute an offer of any securities for sale.
Philippe J DEWOST's insight:

IPO in just 140 characters

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