Alibaba Begins a New Era
China's leading e-commerce company Alibaba Group was successfully listed on the New York Stock Exchange on September 19. The unconventional and spirited Jack Ma, founder of the group, has since become the center of attention
Open Sesame

Alibaba raised $21.8 billion through the sale, the largest listing in U.S. history. More than 100 million shares traded within 20 minutes and over 271.6 million shares exchanged hands by the end of the trading day. The offering price was hiked 10 times.

The United States has much to learn from the meteoric success of Alibaba and its founder Jack Ma. The company has learned from its U.S. counterparts and avoided some of their pitfalls.

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