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inthisissue August 2014
Alibaba Group Seeks Market Share
Make way for China-based Alibaba—a mix of Amazon, eBay and PayPal with a dash of Google thrown in—as it prepares for its debut IPO on the NYSE. Bigger than Amazon and eBay combined, and just having launched 11 Main, it may have substantial impact on online commerce in the U.S. How exactly might that impact us and how should American companies respond? Jim Tompkins says we can’t just play defense; we need to respond with a counteroffensive.
Flip Through Our Pages
[DyStar LP]
Colors to Dye For
DyStar’s lineage is a Who’s Who of integrations, mergers and acquisitions. Now owned by China-and India-based partners, the company is a product of the decades-long vertical integration of the apparel and textile industry. In addition to manufacturing and supplying dye, chemical auxiliaries, specialty chemicals and services to the textile and leather industries, it makes color into standard formats that can be communicated across a global supplier base.
[Positec Tool Corporation]
Positive Technology
Positec Tool Corporation is the North American subsidiary of the China-based company that designs, manufactures and distributes home improvement technology under the names Worx and Rockwell Tools. Says CEO Tom Duncan, “I think too often Americans have a negative perception of Chinese companies,” says Duncan. “But I have a unique perspective. I was impressed with Positec’s operation, which was entrepreneurial and driven by innovation.
Delivering Results
“Direct marketing is an ever-changing target,” says UMS CEO Jim Heintz. “We use a number of services and approaches including print, analytic tools, direct mail and email.” We’re focused on data and what it tells us is the best approach for the client,” says CMO Mark Ingram. “We let the data help us understand the needs of a client from the facts, their history and goals. We then look at their marketing budget to devise a custom solution.”
[K&L Gates LLP Charlotte]
Advantage K&L Gates Charlotte
“We have over 50 years of assisting Carolinas-based companies with their legal needs,” says Sean Jones, referring in part to the firm’s prior iteration as Kennedy Covington. “With the K&L platform, we just have more resources to offer clients now. It’s about being local, but thinking globally.” Worldwide, K&L has 2,000 lawyers in 48 offices spanning five continents. Cross platform compatibility and transparency are paramount to this innovative brand.
[publisher's Post]
Chinese Direct Investments—Boon or Threat?
The Succession (and Exit) Planning Process: Part V:
Financial Statements 101 for Owners and Managers Who Are “Accounting Challenged”
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