Top 10 mistakes made by Jack Ma

0 Comment(s)Print E-mail China Daily, September 24, 2014

A press conference announcing the launch of Laiwang. [File photo]


NO 1 Laiwang

In Sept 2013, laiwang, a messaging app created by Alibaba, was released. However, it did not see a satisfactory increase in users, especially when compared to the formidable WeChat of Tencent.

Early this year, reports claimed that Alibaba failed to purchase a similar instant messaging company momo, the latter was valued at more than $10 billion. In March, 2014, Alibaba invested in Tango, an US-based instant messaging app. It has been interpreted as a failure to develop its own app, laiwang.

   Previous   5   6   7   8   9   10  


Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter