Massive AliBaba IPO Still On Track

                                            Alibaba founder, Jack Ma ( WEF)

This summer promises the launch of what might be one of the biggest IPOs (Initial Public Offering) in history. China’s Hangzhou-based e-commerce giant Alibaba will be listed in New York soon, some say on August 8, which is seen as an auspicious date. Estimates of the size of the IPO range from a conservative $USD 20 billion to $USD 150 billion to $USD 200 billion. Besides its B-to-B flagship unit, Alibaba also has an online marketplace, Taobao, and AliPay, its financial arm that is bigger than PayPal. So if you are investing this year, would you buy some Alibaba stock for your portfolio? Please log in and post your thoughts.

http://www.alibaba.com

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