Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Baichuan and Alibaba Group Holding Ltd (BABA)’s Plan To Profit From China’s Smartphone Shoppers

With one new development after the other, it looks like Alibaba Group Holding Ltd (NYSE:BABA) refuses to leave the headlines. This time it is Baichuan – Alibaba’s initiative to encourage mobile app developers to use its platform to build apps. In Alibaba’s own words, the platform will be ‘cheaper and faster’ for creating mobile apps. The Chinese online major claimed that its ecosystem will work out as a cost effective solution for startups.

Most Valuable Brands In China

Alibaba Group Holding Ltd (NYSE:BABA) explained that through Baichuan, developers will be able to access software and data analytics tools. Developers choosing Baichuan will be offered technical support through AliCloud, the Alibaba counterpart of, Inc. (NASDAQ:AMZN) Web Services. The company will also be putting its acquisition, analytics provider Umeng to good use. Umeng will supply developers with data pertaining to several transactions such as buying patterns of users.

With Baichuan, Alibaba Group Holding Ltd (NYSE:BABA) hopes to accomplish in China what, Inc. (NASDAQ:AMZN) did with its Amazon developer services. Reports tell that last year China saw around 500 million mobile users who spent $18 billion on that platform. Alibaba is confident that attracting more mobile developers to use its platform for app development would divert the burgeoning mobile traffic to its main offering in the online retail sector and this will mark a consequent increase in revenue. But it is still unclear if Alibaba will be extending the service to developers located outside China.

Alibaba Group Holding Ltd (NYSE:BABA) boasts that it has a variety of services that could make a developer out of anyone. Though it isn’t concrete yet, there is news that the company might also be offering financial support to deserving apps. Industry experts believe that Alibaba’s latest offering is a clear indication of how mature the Chinese mobile app market has become. However, they felt that Alibaba must tread with caution so that it does not bite more than it could chew.

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!