Alibaba updates IPO filing, strikes data deal with Nielsen

Alibaba's (BABA) 27-member governing partnership can nominate two more directors without a shareholder vote, the company states in a revised F-1.

Doing so would guarantee a majority of directors (6 out of 11) have been nominated by the partnership. The ability to maintain management/founder board control was a key reason Alibaba chose to list in NYC instead of Hong Kong.

Separately, Alibaba is partnering with Nielsen (NLSN) to obtain integrated online/offline data about Chinese consumers. A new Nielsen product (called Omni Channel) will combine shopping and demographic data from Alibaba's sites with offline data (provided by Nielsen) from Chinese retailers.

Google, Facebook, and other U.S. Web giants are already trying to leverage offline data to improve ad targeting. The Nielsen tie-up could be especially useful for Alibaba's giant Taobao site (focused on smaller merchants), which is monetized via ads and other value-added services rather than transaction fees.

Yesterday: Alibaba IPO process could start at month's end

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Comments (2)
  • rj7759
    , contributor
    Comments (2) | Send Message
    They waited too long.
    12 Jul 2014, 09:41 AM Reply Like
  • TCG,llc
    , contributor
    Comments (464) | Send Message
    'Plugging up the holes' to improve the IPO hype will have some positive impact for the Alibaba. However, neither this move nor the lingering questions of the legitimacy of Alibaba's performance results will prevent the success (10-15%) of this IPO.
    12 Jul 2014, 06:13 PM Reply Like
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