Saturday, September 20, 2014

Super debut Chinese Alibaba. Shares on the New York Stock … – Polish Radio

Super debut Chinese Alibaba. Shares on the New York Stock … – 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.

The goodwill was estimated at $ 227 billion

At these prices, the value of the company was estimated at $ 227 billion, much more than the value of such giants as Amazon and Facebook.

Chinese equivalent of eBay

Alibaba is the Chinese 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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