Alibaba

cruelsister

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Apr 13, 2013
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As some may know, the Chinese online marketplace Alibaba has just gone public this week on the New York Stock Exchange. Soaring over 35% overits IPO price, the company is now valued at a bit over 230 billion USD.

Fun Facts:

1). Alibaba has over 26,000 employees.
2). Yahoo bought a piece of the company back in 2005 for around 1 billion USD. Today that stake is work over 26 billion USD.
3). The Alibaba CEO, Ma Yun (known to his homies on the street- Wall Street- as Jack Ma) as of Friday is one of the 20 richest people in the world,
4). When interviewed the other day on Bloomberg he was asked if he had any role models- He said yes, Forrest Gump.
 
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