NEW YORK, 20 (ANSA) – China took another bombshell on the world economy: the shares of the company trade e-tailer Alibaba Friday soared more than 40% in their spirited debut NYSE.
Investors were willing to take part in what appears to be the largest public offering (IPO) of history and avidly sought, obviously, benefit from the consumption of the growing middle class in China, more and more active.
is a company of electronic commerce (e-commerce) founded by Jack Ma at home , austeramentem in 1999 and now represents 80% of online sales in China.
One hundred people gathered yesterday in front of the building of the impressive New York Stock Exchange, the most Chinese tourists with cameras and video camcorders , and Ma cheered when he left the building.
Alibaba, founded in Hangzhou in 1999, is the largest conglomerate of electronic commerce in China, precisely the country with the largest digital market in the world.
The firm is little known to most Americans but it is very famous in China. . The company earned 3,700 million dollars in the 12 months ended March 31, far exceeding the 2,000 million the previous 12 months
Alibaba’s explosive growth can be explained by two reasons: the sudden transformation of China into the largest e-commerce market in the world and marketing skills and his Ma. Ma, a former English teacher, has a personal fortune of more than 14,000 million, which puts it in the ranking with other tech billionaires like Bill Gates and Jeff Bezos.
With more than 600 million Internet users, China surpassed the United States in 2013 as the main online marketplace in the world, segúnlas iResearch estimates. The Chinese buy more often than their Western via computer or mobile phone pairs. Unlike the American Amazon, the Asian firm sells nothing but the ecosystem and provides tools where small entrepreneurs, some from the poorest regions of the country, and large corporations are directed to the consumer. The main divisions of the company, which controls about 75% of e-commerce in China, are Taobao, a website where companies and spontaneous fight for the attention of consumers; Tmall, a more regulated, without copies, online market you are in, for example, Mango and Zara land where very soon; and Alibaba.com, a page that connects Chinese suppliers with foreign companies.
Alibaba has also expanded its realm payment systems (Alipay, allowing, for example, pay by mobile phone bill electricity and water, or buy a Coke from a vending machine), finance (Yu’e Bao, monetary fund investments to tens of millions of Chinese have entrusted their savings).
Also to cloud services (Aliyun) to pooled purchasing (Juhuasuan), the crowdfunding (Yulebao), direct sales between Chinese suppliers and foreign consumers (AliExpress) and many more business. In short, to grow.
Yesterday, shares of Alibaba opened at $ 92.70 and rose rapidly to a maximum of $ 99.70.
Over 100 million shares were exchanged in the first 10 minutes of activity. At 18.38 GMT the paper was trading with a rise of 35.86 percent to $ 92.39.
Placement Thursday initially raised 21.800 billion for the Chinese firm. Scott Cutler, global head of equity openings NYSE told CNBC that agents exercise their option to put an additional 48 million shares, which would increase the size of the IPO to 25,000 million , the largest in history.
China has just taken another hit. RED-ADG / ACZ
09/20/2014 17:02
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