At first, the shares were valued at $ 68 apiece, it was the so-called initial public offering. But from the beginning of the trading session per share paid 92.70 a dollar, which is over one-third more. During the first minutes sold over one hundred million shares. At these prices the value of the company was estimated at $ 227 billion, far more than the value of such giants as Amazon and Facebook.
Alibaba is the Internet equivalent of eBay, or intermediary through which you can sell your own products. Controls about 80 percent of online commerce in China.
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