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Everyone Awaits the Biggest Upcoming IPO in US History, as Alibaba's Top Estimates Beat IBM, Oracle, Samsung and Facebook

Alibaba, the Chinese Internet giant, seems to surprise everyone with its ambitions for the emerging markets. Ten ye...

Everyone Awaits the Biggest Upcoming IPO in US History, as Alibaba's Top Estimates Beat IBM, Oracle, Samsung and Facebook

Alibaba, the Chinese Internet giant, seems to surprise everyone with its ambitions for the emerging markets. Ten years ago, China may seem to have been the perfect ground for American tech companies to head their way for placing their products, but that is all changed now. While American companies failed in this intention, China conquered its own market, and started gradually to take over the one overseas. Alibaba's largest-in-US-history upcoming initial public offering (IPO) may prove just that.

 

According to The Wall Street Journal, at the upcoming IPO, Alibaba's top-end estimates could beat IBM's ($200 billion), Oracle's ($179 billion), Samsung Electronics' ($174 billion), and Facebook's ($157 billion), at $250 billion. That would make Alibaba one of the most valuable Chinese public companies, and one of the most valuable tech companies in the world.

 

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Alibaba's IPO has one great key point, and that is, that China's e-commerce market is going strong. Alibaba is a very popular online shopping destination site, marking a total of $240 billion in transactions the previous year, which is more than what eBay and Amazon.com made together.


At the upcoming IPO filing, there could be a personal letter from Mr. Ma (the company's founder), where he describes the company's vision and industry, the importance of consumers, and Alibaba's role in China's economy. The filing will take place in the U.S, as the Hong Kong exchange didn't accept the structure.

 

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Alibaba had humble beginnings in 1999, when it was created by Jack Ma, its very charismatic founder, and now ex-CEO. Alibaba's early investor is Yahoo, owning 24 % of the company, while SoftBank, the Japanese telecom company, has a substantial 37% share of the company. Even though Mr. Ma stepped down as CEO, he owns about 7% of Alibaba, and the company's corporate structure will let him keep control after the offering is finished.

 

Alibaba is considered to be the world's biggest online commerce company, with three main sites, Taobao, Tmall, and Alibaba.com.

 

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