Alibaba IPO, Historic, Record Breaking, Rise of the Chinese Dot COMs (video)

Chinese e-commerce company Alibaba is reported to have raised $21.8 billion in a U.S. initial public offering. The company and shareholders including Yahoo sold 320.1 million shares for $68 each. Bloomberg’s Julie Hyman reports on “Taking Stock.” (Source: Bloomberg--Sept 18, 2014)

Alibaba and the rise of China's internet giants - Forum:Blog Forum:Blog | The World Economic Forum: "... After the IPO...  Alibaba will probably have a market value of around $200 billion. This will make it the world’s fifth-most-valuable TMT (Technology, Media and Telecom) company behind Apple ($614 billion), Google ($387 billion), Microsoft ($382 billion) and China Mobile ($259 billion).... After the Alibaba IPO, the aggregate value of the world’s largest 50 internet companies will be about $1.7 trillion, of which about $530 billion is accounted for by Chinese companies formed in the past 15 years. Today, 15 of the world’s 50 most valuable – and imposing – internet companies are Chinese which, beyond Alibaba, include Tencent, Baidu, JD.com, VIP Shop, Qihoo and CTrip. Add up the combined value of a handful of companies brewed in the US – eBay, Twitter, Netflix and Priceline – and you would still require about another $20 billion in order to match Alibaba’s market capitalization..."--Michael Moritz, Chairman of Sequoia Capital

Domain Names of Companies referenced above:
alibaba.com
alibabagroup.com
yahoo.com
apple.com
google.com
microsoft.com
www.chinamobileltd.com
tencent.com
baidu.com
jd.com
vip.com
qihoo.com | 360.cn | 360safe.com
ctrip.com
ebay.com
twitter.com
netflix.com
priceline.com
sequoiacap.com

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