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Alibaba Shares Close Up 38 Percent on Opening Day
After pricing at $68 a share Thursday night, Alibaba's shares opened sharply higher Friday and finished the day up 38 percent, at $93.89.
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The Rise of Alibaba, and a Tycoon
Today, Alibaba is China's largest online retailer, with merchandise volumes that lag behind only Wal-Mart, worldwide. The e-commerce giant is also moving forward with plans for a stock sale that is expected to rival Facebook's $16 billion offering two years ago. If successful, the deal would help vault Alibaba and Ma, who owns 8.9 percent of the co...
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Jack Ma, 'Capital-lite' Model Impress at Alibaba's Boston IPO Event
While corporate governance remains a concern, several fund managers and analysts said Ma gave an impressive performance during the company's pitch in Boston on Tuesday for what stands to be the largest-ever US technology IPO.
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With Alibaba's Big Debut, 10 Things to Know
China's e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange
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Alibaba: China's Giant Online Shopping 'Crocodile'
The Hangzhou-based company is largely unknown outside Greater China, but a historic listing on the New York Stock Exchange Friday and its recently-launched US shopping website, 11 Main, are expanding its global stature.
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Alibaba's Jack Ma Rides 'Forrest Gump' Story to Riches
Mr Ma said the lesson he learned from the blockbuster featuring Tom Hanks was "that no matter whatever changed, you are you. I'm still the guy I was 15 years ago (when I earned) $20 a month."
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Largest IPOs in Stock Market History
By raising $25 billion, Chinese online giant Alibaba shattered the record for the largest initial public offering in history.
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Jack Ma of Alibaba Becomes China's Richest Person
The largest stock offer in history has made Jack Ma, founder of e-commerce giant Alibaba, China's richest person with a fortune of $25 billion, an annual wealth ranking in the world's second largest economy showed Tuesday.
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Alibaba Co-Founder Jack Ma Not Retiring Now: Report
Jack Ma, who is one of the richest men in the world and whose net worth is $36.6 billion, was once a teacher in China's small town Hangzhou where Alibaba is headquartered.
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Alibaba's Jack Ma and His Private Equity Firm
The investors were worried that Yunfeng Capital might not put their interests first, said David Yu, a long-time friend and business associate of Ma, speaking to Reuters in a rare interview at his Hong Kong office on July 3.
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The Alibaba Culture: Kung Fu Commerce With a Dash of Theatre
When Jack Ma and his colleagues sat down in 2001 to lay out Alibaba's defining values, they named them after a martial arts technique drawn from Ma's love of kung fu novels and their heroic themes.
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Billionaire JD.com Founder Lines Up Next Challenge: Beating Alibaba
With an iron grip, JD.com Inc founder Richard Liu has dragged China's number two online retailer from a Beijing backwater to a rich New York listing. Beyond the wealth that brought him lies Liu's next target - beating Jack Ma's Alibaba.
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Alibaba's Shares Surge As Jack Ma Reappears
Ma -- one of Asia's richest people with a fortune estimated at around $58 billion -- disappeared from the public eye after he was hauled in front of regulators for an October speech critical of China's financial system.
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Jack Ma's Surprise Internal Memo To Alibaba Staff
Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.
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Billionaire Jack Ma Gets Back Into Business With 'Ma's Kitchen Food'
Jack Ma sparked speculation about his next endeavors after the billionaire seeded a small company to process and sell farming produce, in his latest venture since retreating from the spotlight at the height of a government-led industry crackdown.
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Alibaba Shares Close Up 38 Percent on Opening Day
After pricing at $68 a share Thursday night, Alibaba's shares opened sharply higher Friday and finished the day up 38 percent, at $93.89.
-
The Rise of Alibaba, and a Tycoon
Today, Alibaba is China's largest online retailer, with merchandise volumes that lag behind only Wal-Mart, worldwide. The e-commerce giant is also moving forward with plans for a stock sale that is expected to rival Facebook's $16 billion offering two years ago. If successful, the deal would help vault Alibaba and Ma, who owns 8.9 percent of the co...
-
Jack Ma, 'Capital-lite' Model Impress at Alibaba's Boston IPO Event
While corporate governance remains a concern, several fund managers and analysts said Ma gave an impressive performance during the company's pitch in Boston on Tuesday for what stands to be the largest-ever US technology IPO.
-
With Alibaba's Big Debut, 10 Things to Know
China's e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange
-
Alibaba: China's Giant Online Shopping 'Crocodile'
The Hangzhou-based company is largely unknown outside Greater China, but a historic listing on the New York Stock Exchange Friday and its recently-launched US shopping website, 11 Main, are expanding its global stature.
-
Alibaba's Jack Ma Rides 'Forrest Gump' Story to Riches
Mr Ma said the lesson he learned from the blockbuster featuring Tom Hanks was "that no matter whatever changed, you are you. I'm still the guy I was 15 years ago (when I earned) $20 a month."
-
Largest IPOs in Stock Market History
By raising $25 billion, Chinese online giant Alibaba shattered the record for the largest initial public offering in history.
-
Jack Ma of Alibaba Becomes China's Richest Person
The largest stock offer in history has made Jack Ma, founder of e-commerce giant Alibaba, China's richest person with a fortune of $25 billion, an annual wealth ranking in the world's second largest economy showed Tuesday.
-
Alibaba Co-Founder Jack Ma Not Retiring Now: Report
Jack Ma, who is one of the richest men in the world and whose net worth is $36.6 billion, was once a teacher in China's small town Hangzhou where Alibaba is headquartered.
-
Alibaba's Jack Ma and His Private Equity Firm
The investors were worried that Yunfeng Capital might not put their interests first, said David Yu, a long-time friend and business associate of Ma, speaking to Reuters in a rare interview at his Hong Kong office on July 3.
-
The Alibaba Culture: Kung Fu Commerce With a Dash of Theatre
When Jack Ma and his colleagues sat down in 2001 to lay out Alibaba's defining values, they named them after a martial arts technique drawn from Ma's love of kung fu novels and their heroic themes.
-
Billionaire JD.com Founder Lines Up Next Challenge: Beating Alibaba
With an iron grip, JD.com Inc founder Richard Liu has dragged China's number two online retailer from a Beijing backwater to a rich New York listing. Beyond the wealth that brought him lies Liu's next target - beating Jack Ma's Alibaba.
-
Alibaba's Shares Surge As Jack Ma Reappears
Ma -- one of Asia's richest people with a fortune estimated at around $58 billion -- disappeared from the public eye after he was hauled in front of regulators for an October speech critical of China's financial system.
-
Jack Ma's Surprise Internal Memo To Alibaba Staff
Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.
-
Billionaire Jack Ma Gets Back Into Business With 'Ma's Kitchen Food'
Jack Ma sparked speculation about his next endeavors after the billionaire seeded a small company to process and sell farming produce, in his latest venture since retreating from the spotlight at the height of a government-led industry crackdown.
