Alibaba.com Limited
1688.HK, 1688 HK
One step closer to "Work at Alibaba" from "Meet at Alibaba", with new Rmb10k mandatory service -  27 September 2010
ALERT
• We view the announcement as neutral for the share price, as long-term positive offsets near-term slight negative.  
• Alibaba is introducing a new China Gold Supplier (international marketplace) package priced at Rmb29,800 per annum, replacing its old membership package priced at Rmb19,800 per annum. The company will stop selling the old package on Jan. 1, 2011. It will also invite all paying members prior to Sep. 30, 2010 to upgrade to a new package at older prices upon next renewal over the next 12 months.