Alibaba shares surge more than 40% in Wall Street debut
… to get a piece of the huge Chinese market, but it also will fuel Alibaba's international ambitions. Alibaba's consumer services are similar to a mix of those offered by US Internet titans eBay, PayPal and Amazon, and it also operates services for …
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Online retail giant is poised for a record-breaking stock market debut on …
The amount raised by the initial public offering (IPO) would be $ 25.02 billion if options are exercised for additional demand, breaking the 2010 record of China's AgBank of $ 22.1 billion. Alibaba founder Jack Ma was expected to ring the opening bell on …
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Even With All The Hype, Alibaba Is The Real Deal
Essentially, Alibaba is the supplier of picks and shovels on the new frontier of Chinese e-commerce as it provides the payment processing software and distribution logistics so Chinese retailers and wholesalers can just plug and play. The company is …
Read more on Forbes
Alibaba shares surge more than 40% in Wall Street debut
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