Alibaba IPO ahead – Why we can’t afford to miss the biggest tech IPO
“Our mission is to make it easy to do business anywhere” is the statement that Alibaba put in its IPO filing. The world’s largest online retailer that makes up about 80% of China’s online shopping is not just another tech company. With current valuations exceeding $200 billion, Alibaba has already beaten Facebook both at its IPO ($104 billion) and its current market cap ($153 billion). As the markets anticipate the biggest tech IPO with excitement, it is worth wondering how hard Alibaba will push onto Amazon’s turf. This may be the first time Amazon will have to face another company’s glare. We think it is one of the most interesting IPOs to watch and for that reason we are already offering it for trade. Find it under “Individual Shares” > “Specials”.
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