Friday, September 19, 2014

Megadebiut Chinese Alibaba on the New York Stock Exchange. Actions … – Polish Radio

Megadebiut Chinese Alibaba on the New York Stock Exchange. Actions … – Polish Radio


  Head of Alibaba Jack Ma (center) in front of the stock exchange in New York. , photo: EPA / JUSTIN LANE Supplier: PAP / EPA.
 

In the public offering shares valued at $ 68 apiece, but from the beginning of the trading session, paid 92.70 for one 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 Internet equivalent of eBay, or intermediary through which you can sell your own products. Controls about 80 percent of online commerce in China.

IAR, jk

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