Today is the day of Alibaba. The Chinese giant founded in 1999 by Jack Ma prepares to pulverize the Western competitors to the New York Stock Exchange. The share price is set at $ 68. It was started from an initial fork of 60-66 dollars and then move between 66 and 68 with the highest peak value of the company, before the start of trading today, is 168 billion dollars into the coffers and prepare to get at least 21.8 billion. The figure could rise to 25, making the IPO of Alibaba the most consistent of the world. The scepter is the Agricultural Bank of China, with 22.1 billion collected in 2010 Numbers, these, which are pale obscure eBay and Amazon, which is rumored to own a fate in the hands of Ma. Yahoo! instead rubs hands, with the participation of 22% in the Chinese group. In the technology sector Alibaba is set to become the third largest by value, behind Google and Facebook. And its impressive product portfolio is able to frighten Western rivals also from an operational standpoint. Let’s see how (lyrics by Martina Pennisi).
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