Find a Question:
E-commerce giant Alibaba wants the U.S. to the fair
One of the world’s largest Internet companies, Alibaba’s coming from China, like in New York at the fair. It is one of the largest IPOs that an Internet company has ever done. The value of the company is estimated between 130 and 235 billion dollars.
alibaba Alibaba is expected according to the documents it has filed to get some converted approximately 720 million euros. Billion dollars to the U.S. Securities and Exchange Commission , according to The New York Times, the company can use the IPO bringing 15 to 20 billion dollars. This makes it one of the largest Internet IPO ever. Facebook took in its IPO in 2012, 16 billion dollars inside. As a whole, Alibaba, currently still a private company, according to analysts from 130 to 235 billion euros worth.
The Chinese e-commerce giant is relatively unknown in the West, but is one of the three largest Internet companies in China. The company operates include a large shop under his own name, but is also behind Tmall, a site where companies have their own products to sell directly to consumers and which include Nike, Disney and Apple are active. Alibaba also has a similar site for small Chinese companies and Alibaba has a competitor for PayPal.
Was $ 250 billion, or EUR 178 billion traded through Alibaba last year; which is more than eBay and Amazon together, draws The New York Times. Despite Alibaba in the United States goes public, the company plans to continue to expand. Especially in China A large part of the Chinese people have never ordered anything online or has never even been online.Viewing:-181
Answer this Question
You must be Logged In to post an Answer.
Not a member yet? Sign Up Now »
Star Points Scale
Earn points for Asking and Answering Questions!