[Alibaba announced the results for the fourth quarter of fiscal year 2018 and fiscal year 2018. The single fiscal year revenue reached 250.266 billion yuan! Recently, Alibaba announced its financial report for the fourth quarter of fiscal year 2018 (January 1 to March 31, 2018) and its financial performance in fiscal year 2018. According to the data, in fiscal year 2018, the revenue of the company's revenue and core e-commerce business increased by 58% year-on-year and 60% year-on-year, respectively, both of which hit a record high since the IPO. Among them, driven by factors such as China and international retail business, continued rapid growth of Alibaba Cloud, and newly acquired businesses, Alibaba's single-fiscal revenue exceeded 250 billion yuan for the first time, reaching 250.266 billion yuan.
US media Forbes believes that Alibaba has more investment value than American technology giant Amazon.
Although both Amazon and Alibaba are at their peak, each has a successful business model that brings huge returns to shareholders. However, one thing is certain: Alibaba is always better than Amazon on the key measure of operating profitability.
From the data, Alibaba’s share price has risen by 63.97% in the past year, and the increase rate has reached 146.15% in two years; Amazon is not to be outdone, the stock price has risen by 67.76% in one year, and the increase rate has reached 121.44% in two years. . The two are comparable.
However, judging from the indicators of the past quarter, Alibaba's operating margin was 31.25%, compared with 2.31% for Amazon.
Obviously, Alibaba's business model is more profitable than Amazon's. The key point is that the two have different operating models for the e-commerce business.
In essence, Amazon's approach is to move the “Wal-Mart economy†from offline to online. “In the high-traffic, low-cost e-commerce model, Amazon saved a lot of money and created a huge amount of retail sales,†explains Porter Erisman, author of The 6 Billion Shopper, which also resulted in extremely low Profit rate.
Alibaba, on the contrary, has put entrepreneurs online. The business model is to directly connect companies that display their products on Taobao.
Alibaba's e-commerce model is more toward eBay. "EBay's model is to put the courtyard economy online and create a place for commodities." Erisman said, "while Taobao is putting the home contract operation economy online, allowing retailers to They can shop online and sell new products."
Compared to Amazon, Alibaba's model is more likely to succeed. Entrepreneurs who have gathered on their platforms have started from scratch with Alibaba's e-commerce platform, and some have even become emerging entrepreneurs. These have virtually helped Alibaba become richer.
This kind of business model has achieved remarkable results in China. At present, China has become the world's largest e-commerce market, and its market size is twice that of the United States.
However, "Forbes" also reminded investors that they should be cautious about the business model.
The Alibaba model does not require warehousing costs and commodity racking costs, and is easier to replicate than Amazon. At the same time, in China's Internet economy, competition is particularly fierce, and new competitors continue to emerge and erode operating profits. This also makes Alibaba continue to face challenges.
After the release of the financial report, Alibaba said that in FY2018, the new format of online and offline integration promoted by the new retail business provided Alibaba's momentum for rapid growth in business performance and business growth.
At the same time, Alibaba intensified its investment in and transformation of offline businesses, including the strategic investment of Gaoxin Retail as its largest shareholder; increased its investment in Intime Department Store and supported Intime's new retail transformation. Ali also further improved its layout in the area of ​​commercial infrastructure. The financial report shows that as a new retail strategy, the rookie is actively deploying new logistics globally.
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RJ45 interface can be used to connect RJ-45 connectors. It is suitable for the network constructed by twisted pair. This port is the most common port, which is generally provided by Ethernet hub. The number of hubs we usually talk about is the number of RJ-45 ports.
RJ45 is a type of different connectors (for example: RJ11 is also a type of connector, but it is used on the telephone); there are two different ways to arrange the RJ-45 connector: one is white orange, orange, white green, blue, white blue, green, white brown, brown; the other is white green, green, white orange, blue, white blue, orange, white brown, brown; therefore, there are also wires with RJ45 connector There are two kinds: straight line and interleaved line.
The RJ-45 port of the hub can be directly connected to terminal devices such as computers and network printers, and can also be connected with other hub equipment and routers such as switches and hubs. It should be noted that when connecting to different devices, the jumper method of twisted pair cable used is different.
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