Description: Alibaba, a Chinese e-commerce company, had an amazing opening to its initial public offering on the New York Stock Exchange, making it one of the biggest U.S.-listed initial public offering in history. At its present market value, Alibaba is larger than some of the most successful technology companies in the U.S., such as eBay, Amazon and Facebook.
Source: CBC
Date: September 19, 2014
Video Link: http://www.cbc.ca/player/News/Business/ID/2524225021/
Questions for Discussion:
- Is Alibaba’s high share price on the NYSE warranted?
- Should investors be vary of investing in Alibaba given that it’s based in China?
- Can Alibaba be successful internationally?
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