ABSTRACT

Alibaba has changed from organic growth to high-speed growth by investing in and acquiring companies in sectors such as ecommerce, logistics, location based services, finance, healthcare and entertainment. How do these investments and acquisitions lead to value creation? In Chapter 3, we draw on our BATXL database to provide a comprehensive assessment of the investment sectors, location and target companies growth phase and discuss six highlight cases. We conclude on the motives, features and effects of Alibaba's investment approach and outline Alibaba's unique emergent investment approach that combines features of corporate venture funds and professional funds.