Alibaba.com IPO was the most awaited news on yesterday afternoon. Millions of people around the world waited with anticipation that already is the company with the greatest market value, even ahead of amazon.com and ebay.com.
Its market value reached $ 231 billion, and its shares rose by 38% from the initial $ 70 to the $ 93 which closed its first day in the markets. One can say that Alibaba.com, the largest company in the world of internet commerce, is a great reflection of the rise of china's economy in general.
Usually, the arrival to the markets of large companies, generate great enthusiasm among the shareholders. However, is the continuity that determines whether a company is good to buy shares. Latest outputs, only Facebook Inc. disappointed and saw its shares fell immediately after the first day of trading, something that fixed over time.
At the moment Alibaba.com seems that it will continue the enthusiasm among investors and will continue revalued at the same time that the fortunes of its founder, Jack Ma, China's richest man and that founded the page in his own apartment in China beyond by 1999.
It is said that his fortune already reached 26 billion dollars of net worth and it will continue the 7.8 percent of the company after the IPO.
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