The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label jack ma. Show all posts
Showing posts with label jack ma. Show all posts

Thursday, April 20, 2017

Jack Ma and Alibaba to spend nearly half a billion dollars to turn global retail into a cashless society

When most people think of a cashless society, they generally point towards actions being taken or discussed by government legislators, academics, and even central banks.  But it is not often that the move towards a completely digital economy is being undertaken by a free market enterprise.

Until now.

Ant Financial, which is a subsidiary of Jack Ma's online retail company, Alibaba, is looking to spend nearly half a billion dollars to entice businesses around the world to join his dream of creating a completely cashless retail environment.

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ALIBABA'S financial affiliate Ant Financial said it plans to spend 3 billion yuan (US$435 million) each year in the next two years to push forward the construction of a cashless society through partnership with various kinds of merchants and service providers. 
A total of 15 institutions became the first batch of members of the cashless alliance including the United Nations Environment Program and retailer Carrefour to help boost the adoption of cashless payment. 
Finnish mobile payment service provider ePassi and Australian payment firm Paybang also joined the alliance, which eventually hopes to include 30 million members covering 100 nations. - Shanghai Daily
Interestingly, the inclusion of the UN's Environmental Program to the partnership suggests highly that this vision is about much more than digital commerce, and perhaps is part of the elites goal of instituting a carbon credit monetary system as well as bringing about Agenda 21.

Tuesday, September 23, 2014

Chinese IPO becomes 11th largest company in U.S. on opening day of trading

On Sept. 19, the Chinese version of Amazon.com opened from trading on the NYSE a day after going public in a record setting IPO.  Alibaba, which was built from the ground up by former school teacher Jack Ma, quickly flew from its IPO price of $68 per share to a whopping $92.30 at the time of the opening bell.
 
Closing the day around the same price, Alibaba has a market cap of right around $230 billion, and in just one day, became the 11th largest company in the U.S., surpassing long-standing companies like Facebook, J.P. Morgan Chase, Verizon, IBM, and Coca-Cola.  Only megaliths in the corporate world now stand higher than Alibaba, with Apple at number one, and with a market cap of over $380 billion more than the Chinese juggernaut.
 
 
Read more on this article here...