日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

US EUROPE AFRICA ASIA 中文
Business / Review

Alibaba ponders ways to keep flock together

By He Wei in Shanghai (China Daily) Updated: 2014-06-06 06:57

Alibaba ponders ways to keep flock together

People visit the headquarters of Alibaba Group in Hangzhou, east Chinas Zhejiang province, Aug 20, 2013. [Photo/IC]

Even as Alibaba Group Holding Ltd prepares for what could be the largest tech initial public offering in history, its top officials are racking their brains on ways to retain talent.

The initial public offering, which analysts estimate could value the Chinese e-commerce behemoth up to $170 billion,

Alibaba ponders ways to keep flock together

Alibaba ponders ways to keep flock together

could generate more than a handful of millionaire employees after their shares are unlocked. Company officials are apprehensive that the these new millionaires may want to move on, thereby leaving the company bereft of several key personnel.

According to Alibaba's draft prospectus, current and former employees hold 26.7 percent of the existing shares, and many of then have enhanced their holdings through stock options and other incentives since 1999.

That could translate into roughly $44.8 billion worth of unlocked shares, according to estimates from a Bloomberg survey of analysts.

Alibaba, however, has not disclosed the exact number of employees who hold shares in the company. These could include top managers, marketing personnel and software designers, sources said.

Several BMW dealerships in Hangzhou, where the company is headquartered, have already received inquiries from Alibaba employees asking if they have models in the company's corporate color of orange, Reuters said.

Some of the 20,000 employees have already had the opportunity to sell part of their stakes during previous Alibaba structured share sales through the so-called liquidity programs, according to the Reuters report.

Such worries have also been expressed in company filings.

"It may be difficult for us to continue to retain and motivate these employees, and this wealth could affect their decisions about whether or not they want to remain with us," said an Alibaba employee in Hangzhou who asked not to be named because of the sensitivity of the issue.

"I know of a director-level executive who is determined to leave after the shares are unlocked."

The concerns are far from overwhelming. According to Reuters, Facebook Inc millionaires spent some of their cash booking a trip with a private space tourism company and on an exploration of ancient Mayan ruins in Central America, while some Google Inc shareholders cashed in during the Internet firm's IPO to travel around the world.

In recent years, Alibaba executives have discussed with employees how the IPO windfall gains could change their lives, and counseled them on becoming "dignified and warmhearted" people who are always willing to help.

Last month, Jack Ma, the company's charismatic founder had told employees of the group's micro-finance business unit that they should not spend their big fortune from the IPO on "glitzy things".

Ma also wrote a memo on Laiwang, a mobile chat app developed by Alibaba, saying that the long-term development of the company relies on attracting high-profile talent and in building up a common value system.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 米奇7777狠狠狠狠视频 | 丁香婷婷在线观看 | 国产高清在线观看 | 蜜桃视频在线免费播放 | 奇米影视88 | 亚洲电影一区二区三区 | 精品久久久久久久久久久久久久 | 久久久青草 | a级片免费观看视频 | 国产三级在线观看 | 99久久99热久久精品免费看 | 久草视频手机在线 | 成人福利在线 | 欧美成人26uuu欧美毛片 | 亚洲国产精品一区二区第一页 | 欧美另类专区 | 一级黄色片在线 | 亚洲欧美日韩中文字幕在线不卡 | 欧美成人黑人视频免费观看 | 久久高清免费视频 | 国产成人91 | 亚洲精品国产综合一线久久 | 欧美一级特黄aa大片视频 | 在线成人 | 黑色丝袜三级在线播放 | 在线观看日韩 | 天天骑夜夜操 | 日韩中文字幕在线播放 | 婷婷久久无码欧美人妻 | 精品免费在线 | 国产黄三级三·级三级 | 久久伊人草 | 91网在线观看 | 国产嘿咻 | 丝袜 亚洲 另类 欧美 变态 | 三级精品| 免费中文字幕 | 日韩a视频 | 一级寡妇乱色毛片全18 | 五月婷婷欧美 | 欧美调教视频 |