MarketFoolery: 06.11.2014
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 11 June 2014
⏱️ 15 minutes
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Summary
Alibaba unveils a consumer online shop in the US. How worried should Amazon and eBay be? Plus we analyze how Twitter and Facebook could benefit from the World Cup and why it’s probably awesome to be a marketing executive at a huge consumer brand company.
Transcript
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| 0:00.0 | It's Wednesday June 11th. |
| 0:04.0 | Welcome to Marker Floury. |
| 0:05.0 | I'm Chris Hill joining me in studio today |
| 0:07.0 | from Motley Fool 1, Jason Moser and Morgan Housle. |
| 0:10.0 | Good to see you, Jen. |
| 0:11.0 | Hello, hey. |
| 0:12.0 | Happy Wednesday. We are going to talk, Jen. Hello, happy Wednesday. |
| 0:13.0 | We are going to talk World Cup, but let's start with Alibaba, I think it is fair to say, the |
| 0:20.4 | most anticipated IPO of 2014. |
| 0:23.0 | Certainly expected to be the biggest IPO. |
| 0:25.6 | This is the Chinese e-commerce giant. |
| 0:29.1 | And they just unveiled their latest venture, |
| 0:31.1 | which is a consumer online shop here in the US. The website |
| 0:36.6 | which is in beta is 11 main.com that's the number 11 so 1-1-M-A-I-N-D-C-C-C-C-O-C-O-M-A-N-D-C-O-C-O-O-O-O-N-C-A-I-N dot com. How do you think Amazon and eBay are feeling |
| 0:47.8 | about this news? I mean I don't think they're looking at this as any real major threat at this point. |
| 0:53.9 | It seems like a little bit, yeah really. |
| 0:55.6 | I mean it seems like it's a bit different customer focus maybe than what Amazon particularly is all about. |
| 1:03.7 | You know, Amazon is focused on really sort of that mass retail market out there and that bigger |
| 1:09.0 | picture sort of longer term trend of just e-commerce being in the early innings today. |
| 1:14.4 | And I think that really Alibaba is right to want to get in on this market. |
| 1:18.7 | I mean, it's a tremendous market opportunity. |
| 1:20.4 | But in looking at what the site is doing and looking at what they're actually trying to do, |
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