"Chinese consumers are increasingly discerning and demanding, putting a premium on safety and quality when shopping for fresh and chilled seafood, such as lobster, shrimp and salmon", said Faisal Sheikh, Managing Director of Emerging Markets, Thai Union/Chicken of the Sea.
Gateway '17 is Alibaba's road show to promote greater USA exports to China, where a growing middle class - already some 300 million or more strong - is showing an insatiable appetite for consumer goods.
Yet what Ma and Alibaba really bring to the table is a single platform for US individuals and businesses - be they big fashion brands, boutique jewelers or small farm owners - to sell directly to Chinese consumers. Ma will give a keynote address on Wednesday to an expected audience of thousands to learn how to succeed in China through Alibaba.
"It's going to be painful". "Embrace the future, change yourself, [and] you'll have a better chance", he added.
According to the New York-based market research company, China's top three internet giants, Baidu, Alibaba and Tencent, will dominate 62 percent of the booming market.
"Wisdom is from the heart", Ma said.
"They have been working in the company for 15 to 20 years, so they have all the experience on how to fine-tune the machines", Lee said. But now it's moving from standardization to customization.
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum.from stocks under $10 to ETF to option movers.from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). He said he wanted to boost the number of active users on Alibaba to 2 billion, from just over 500 million now, which would require the company to expand its network of merchants beyond China. And she thinks that things like livestreaming, podcasting and online video offer unique ways for businesses to build a great deal of recognition when breaking into new markets. That said, the secret to success is to aim to compete globally by integrating e-commerce services or online components. Alibaba offers sellers the opportunity to reach the nearly half-a-billion shoppers on its sites, but the path to those consumers is full of hurdles, from the language barrier to differences in understanding the Chinese buyer.
Ma doesn't even want you to necessarily use his business as your gateway to the rest of the world.