1st Edition

E-Commerce and Financial Services in Asia The Expansion and Globalization of Alibaba, Coupang and SoftBank

Edited By Gerhard Kling, Ingyu Oh, Chris Rowley Copyright 2025
216 Pages
by Routledge

216 Pages
by Routledge

216 Pages
by Routledge

This book looks at the drivers in the emergence, development and internal and global expansion of Asian e-commerce businesses. It tackles the problems inherent in the globalization strategy of a Japanese financial services firm operating in the e-commerce sector. The business world has been transformed by information technology and online companies, which benefitted during the Covid-19... Read more

Introduction - Setting the Scene for Asian E-Commerce and Financial Services: Alibaba, Coupang and SoftBank

Gerhard Kling, Ingyu Oh and Chris Rowley

 

1. A new global division of labour in venture capital flows: Coupang’s IPO success at the New York Stock Exchange

Ingyu Oh, Yunsung Koh and Yun Kyung Kim

 

2. What explains Alibaba’s miraculous IPO success on the New York stock exchange?

Kailei Wei, Libo Xiao, Yang Fang and Chunxia Jiang

 

3. Overcoming the liability of foreignness in US capital markets: the case of Alibaba and Coupang

Vanesa Pesqué-Cela, Jiarong Li and Yun Kyung Kim

 

4. Impact of dual-class share structure: Alibaba IPO success analysis

Shuai Shao

 

5. Global expansion with takeovers and value creation with integration in China: a case study of Alibaba and Lazada

Lihui Tian and Xin Li

 

6. The effects of political embeddedness on cross-border mergers and acquisitions in China: Alibaba’s case

Zhi Wang, Gerhard Kling and Jiayi Li

 

7. Will Alibaba’s additional financial service contribute to sellers’ satisfaction and loyalty during the pandemic? Evidence from Taobao sellers

Juanjuan Wang, Lin Jiang and Wentong Liu

 

8. Interaction between individual and collective learning in an entrepreneurial setting: case study of SoftBank Academia in Japan

Ikutaro Enatsu, Masato Horio and Nobutaka Ishiyama

Biography

Gerhard Kling holds a Chair in Finance at the University of Aberdeen, UK. Before joining Aberdeen, he was Professor of International Business and Management at SOAS University of London, UK, Professor of Finance at the University of Southampton, UK, and held academic posts at UWE, UK and Utrecht University, Nethderlands. He worked as Practice Specialist in Corporate Finance at McKinsey & Company. He studied Economics and Mathematics (BSc and MSc).

Ingyu Oh is Global Fellow at Ewha Womans University, Seoul, South Korea, and Professor of Business Management and Cultural Studies at Kansai Gaidai University, Hirakata, Japan. Many of his books and journal articles deal with East Asian corporate governance, knowledge management and business culture. He is the Deputy Editor of Asia Pacific Business Review.

Chris Rowley, Kellogg College, University of Oxford and Bayes Business School, City, University of London, UK, researches and publishes in the areas of Asian business and management and work. He has written over 220 articles, 270 book chapters and 50 books and provides specialist talks and masterclasses to numerous international universities and businesses as well as commentary and opinion pieces to practitioner journals and the mass media.