Alibaba was founded 15 years ago in a small Chinese apartment by Jack Ma. Ma is a former English teacher who started the company with an initial investment of $60,000, kicked in by 18 friends.
The company has since evolved into the dominant force in China's (maybe even the world's) e-commerce industry. As a market with so much potential, Alibaba's IPO may be the largest ever by a tech company. The initial document filed with the SEC indicates that Alibaba plans to raise $1 billion, but that figure is just a placeholder. Analysts believe it could haul in more than the $16 billion Facebook raised in 2012.
Now for the real question.....
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Every Success,
The INO.com Team
