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Dispatch of Netease science louis vuitton outlet and technology on November 24 message, network limited company released Alibaba today newspaper of money of the 3rd quarter, business income is a RMB 1.602 billion yuan, grow 10.6% compared to the same period, annulus comparing drops 1.3% ; Net 409.7 million RMB, rise Louis Vitton Black Check Pattern compared to the same period 11.9% , annulus comparing drops 11.8% .
After money newspaper is released, liu Zhaoxi of company presiding apparitor and presiding and financial Guan Wuwei hold Alibaba telephone conference, unscramble the query that money signs up for a point and answers an analyst.
It is analyst interlocution Louis Vitton Coffee Check Patter link below main content:
Analyst of heart volition bank Alaikesi • Yao (Alex Yao) : Is excuse me the company is looked into to the outstanding achievement 2012 how? 2012 first what are 3 main tasks?
Liu Zhaoxi: 2012 our key is, continue to carry out the supplier that carrying out now sincere letter and safe construction, the 2nd is existing to China website from information communication platform progressively Louis Vitton Colorized Monogram transition arrives trade platform, happen to trade truely on this platform thereby. The 3rd part is abroad whole world fast sell those who connect platform to upgrade. We have better anticipation originally this year, because of all sorts of things of abrupt form a complete set, change affected the plan of our itself. But the disbursement of platform is successful now the road already basically restored to rise, we get ready in next year begin to Louis Vitton Leather Texture send force somewhat first quarter.
Alaikesi • Yao: To the end of next year, alibaba business transition plan how?
Liu Zhaoxi: Our interior hopes, trade there is bigger growth on the quantity, in-house set target is to trade the respect grows 200% .
Wu Wei: Trade on can have rapidder growth, Louis Vitton Monogram also can go up in the quality control respect of information platform another step. These possibly growing won't have contribution to finance affairs immediately, but in business progress respect our expectation is worth still is taller.
Magenshidanli analyst: Profit margin of the 3rd quarter glides somewhat, does the factor that affects excuse me have those? Anticipate to what the four seasons spends profit margin how?
Wu Wei: Manpower cost is the main reason that profit margin of the 3rd quarter glides. The profit margin of the fourth quarter may glide further, Louis Vitton Patent Leather because we will popularize fine energetically infinite, whole world fast sell a business that waits to be rolled out recently, but these products had been not commercialized completely. We also will invest the quality with raising information. Because this suffers these element effects, the profit margin of the fourth quarter may glide.
Magenshidanli analyst: How much is the investment budget of platform to trading next year?
Wu Wei: Undertake forecasting still is vogue to this at present early.
• of RBS analyst Wendy is yellow (Wendy Huang) : Does the gold of the end of the year of set supply trade measure Louis Vitton Ramie Cotton aim to be changed before? Whether can the fourth quarter decrease considerably?
Wu Wei: Before two quarters, we already the end that set pays cost client amount, the target that we still keep 100 thousand person now is constant.
Wendy • is yellow: Operation profit margin the 3rd quarter drops, whether can this affect the implementation of annual target:
Wu Wei: The annual target of our set before a few quarters is 30% to 35% . In the fourth quarter, market sale expenses can rise commonly, I think this year also won't exceptional. The operation profit margin that we expect to the four seasons is spent is met under the 3rd quarter, but before still be being maintained the target of Louis Vitton Stripe set.
In golden company analyst: Company business mode from the service drive to product drive model adjust, so whether do sale and sale cost ratio have drop space? On the platform that cleans out treasure greatly, what is the value fixed position with infinite fine? Fine rolls out a lot of attestation indefinitely recently, the supplier may be more rational to this, more approve the brand in A, but in light of the angle that serves as consumer, the attestation with infinite fine is compared with phase of the market that clean out treasure, if be compared with the credit grade photograph that buys the home to be accumulated through be being bought for a long Louis Vitton Wallets time, how the attestation with infinite fine wins customer approbate?
Wu Wei: We predict the profit margin of next year can drop, but the profit margin level that this did not grow far hope on behalf of us. No matter be,the mainest is us in 1688.com, whole world fast sell connecting still is fine wait for platform indefinitely, or it is the effort in quality of whole platform information respect, now is in devoted phase, and expression of devoted a respect is us did not commercialize completely. Lift example to tell, our 1688.com platform trades grow very quickly, but we did not produce income from which now. In addition, the whole world ever showed before us fast sell collecting fees is 3 nod to 5, also try a gender actually, because of a lot of person of the same trades Louis Vitton White Check Pattern collecting fees is 8 nod to 12. But we hope to do platform first big, come out our special value system now next. These extraordinary value include us these year of accumulative so much supplier and product. Suffer the effect of these effort, do not plan to be reaped very quickly plus us, the profit margin that can cause next year drops somewhat. But to later period we produce income when, I believe profit margin can pick up.
Liu Zhaoxi: Managing a layer to think fine is infinite is a very good business. Look from two respects, the first is service medium and small businesses, no matter be domestic supplier, still export a supplier, when they need the person that one-sided offset is expended, need provider of a very good service, to them proffer flows, storage and online service platform. Clean out louis vuitton outlet treasure above, although a lot of grow,rise now sell the home, but go up in B2B platform, the supplier that a large number of China make did not use electronic business affairs, especially retail individual brand, because this value that we think to be offerred today is the service that they did not need; Another respect is consumer, consumer can buy what experience accumulates interested commodity and accredit for long to sell the home through oneself, clean out treasure to still lie in very rapid development today, infinite as it happens catchs fine such opportunity, consumer needs the thing that they can trust in developing growing process, guide them go shopping on use electron business affairs, net. The thing that fine offers indefinitely now flows, storage, deliver goods, service of certificate of quality precedes Yu Taobao assumes office why to serve supplier and product supplier otherly, we believe our service, the service price that we offer is compared other be in inferior level. Such good service, efficient and low cost, very big to the appeal of the supplier.
Shao Jiong of analyst of negotiable security of wheat style texture: You ever anticipated sincere letter connects user amount to arrive before this Louis Vitton White Check Pattern this year general of the end of the year and kept balance last year, whether to maintain this target now?
Wu Wei: Connect those who use a measure to anticipate to sincere letter, we still are maintained in this quarter changeless.
Zhang Yongheng of Swiss credit analyst: Alibaba was divided in October announce to carry out real name to make, excuse me this measure up to now influence how? Submit real name so far the enrollment of the data how much is user scale?
Wu Wei: Special reception real name makes the user, think this will improve the quality of the supplier. Talk about an influence to still be vogue at present early, announce to return the time that is a few weeks only from the message. gucci outlets As a whole, the user is very active to this feedback.
Chun Ming of SIG analyst Zhao: Alibaba has a lot of products and service, can you be opposite 2012 does the importance of these products and service undertake adjustment? Alibaba is the client to the view of economic foreground how? Are these views right does next year the outstanding achievement first quarter have He Ying to ring?
Liu Zhaoxi: We are in in the past in a few months, making the development of a few development, also have a few attempts. Be in now Alibaba above the website, besides use original search, interior to browse outside examining information, still can purchase his directly the system that demand delivers us through the webpage, our system can match automatically through the database, undertake follow-up artificial follow-up. The demand growth of this respect product is very rapid, also suffer the whole world to gucci bags outlet buy domestic welcome, because this reduced them greatly,use the cost of our website. Similar product is among research and fast hair.
In consumer goods respect, we are met to the investment of the member gradually drop off. We increase investment in P4P business side, in technology and respect of research and development. On the other hand, we can see, in Chinese station and international station have good growth, especially international stands, incremental ratio is faster recently, have better get one's own back.
In macroscopical economy respect, domestic medium and small businesses lives the environment is not first-rate, the market demand of our B2B business is more driving still, just need to go to business doing toward the deepness of medium and small businesses. Change direction from information platform trade platform, it is more difficult one situation. Fine arrives indefinitely deep from make supply process, be very bold with real attempt. Although macroscopical economy has not hopeful the foreground that decides with inaccuracy, but the business that louis vuitton bags we do, it is valuable to the client. To us, from long-term look, whole development foreground can have better get one's own back.
(Chu Shen)
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