Another thing I had to Google. Had never heard of Alibaba.
Mr. Ma who is famous for his saying "customers first, employees second, and shareholders third"
We'll see about that after the IPO. Shareholders will be first and second.
I have to search for products sometimes for my job. when you looking fort little simple things this site always comes up first. I think they are really good at SEO.
It's *the* gateway into the Chinese manufactoring universe for foreign small buyers and makers. Their only problem is fraud (or a perception thereof.) Not all Chinese companies have figured out that customer service is necessary. It's possible that if Ma is allowed to properly lead the company Alibaba can use its leverage to make direct buying from China more reputable.
I wonder if it's luck or smarts.
She was already worth several hundred million even before working at Yahoo.
I have a feeling this isn't going to go *nearly* as well as they're hoping.
It's a company based in China, what could possibly go wrong? Although I get the impression that unlike a lot of corrupt countries, China is actually interested in cleaning up its act. So I think the state has a stake in making sure this IPO isn't a big disaster. This is one case where having some overvalued 900 pound investor gorillas on your team is probbaly a good thing.
Weibo had their IPO a few weeks ago and after all the hype it didn't go well at all. I wouldn't expect it to go well just because they're Chinese, although Alibaba is a good-sized company, they're also pretty heavily leveraged as is. I don't see big things from this, the push just isn't there. But I think coming along with weeks of slumping tech stocks, the investors who would otherwise be hyping this are sitting on their laurels.
Nobody is getting in on this IPO. All of the companies that are major shareholders of Alibaba are already at their peaks in terms of stock price. The fat cats already made their money from this company.