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erce Centre, 1 Austin Road West,Kowloon, Hong Kong Tel: (852) 2203 8888 Deutsche Securities Inc. 2-11-1 Nagatacho Sanno Park Tower Chiyoda-ku, Tokyo 100-6171 Japan Tel: (81) 3 5156 6770 Marcel Cassard Global Head FICC Research & Global Macro Economics Ralf Hoffmann Regional Head Deutsche B
in and scope for further mobile improvement lead us to reiterate a Buy. Mobile - now over 1/2 of total GMV - aids recovering advertising rev growth Alibaba's ads growth recovered to 33% YoY (vs 18% in the Dec Q) thanks to a ramp in ads rev on mobile. Mobile GMV as a percentage of overall China retail m
oose other locations. The most lifestyle for the dollar is underlined: Argentina (Buenos Aires, Cordoba), China (Shanghai, Hong Kong, Taipei), Japan (Tokyo, Osaka), England (London), Ireland (Galway), Thailand (Bangkok, Chiang Mai), Germany (Berlin, Munich), Norway (Oslo), Australia (Sydney), New Zealand
he above: Do not get into bidding wars against other affiliates using expensive general keywords or overexposed brand names. Go niche or go broke. » Alibaba ( www.alibaba.com ) Based in China, Alibaba is the world’s largest business-to-business marketplace. From MP3 players for $9 each to red wine for $2
a in buttressing its own efforts to chronicle the sufferings of its people during the conflict, as well as lending support to Beijing’s tussling with Tokyo over how the history of the war should be managed and told. Appendix 2 HOUSE_OVERSIGHT_020624 166 But Japanese activists have never needed encour
3.8 million on federal lobbying in 2017 and $20.2 million in total since 2000,” modest amounts by global standards. The Chinese e-commerce behemoth, Alibaba, was the largest source of expenditures in 2017, accounting for $2 million, followed by technology company ZTE ($510k), Sinopec ($384k),?> and the Wa
Entities connected to both Tokyo and Alibaba

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