Alibaba makes his grand entrance to the NYSE in New York Initial Public Offer (IPO), the largest in history.
The title of the e-commerce giant Chinese jumped at once of 38.41% to $ 94.12 per share. Alibaba was made to wait like a real star since the start of trading in New York was delayed by more than two and a half hours it took to avoid technical problems such as those that delayed the start of Facebook on the day of its debut.
The founder Jack Ma, present on Wall Street, said he was “excited” by the IPO, set at $ 68 per share, a figure that stood at the top of the range previously retouched upward even if the figure was exceeded by far since a few minutes after the start of trading on the title has come to touch $ 100 per share. A value that was beyond the reddest analysts’ forecasts. But that is much hype surrounding Mr. besieged by journalists as has happened a few times.
“Today is the happiest day of my life,” said Ma remembering its history. “Customers come first,” said the fondatotre Alibaba microphones issuer CNBC television. “I’ve always believed, my first concern is that customers are happy,” he said, explaining that shareholders are after “not to underestimate them,” he remarked But, but the company must have the proper attention to customers who are its most important asset. “I am honored and excited for this Ipo, I do not want to disappoint shareholders, I want them to earn it,” added the Chinese entrepreneur. “Every thing you care about today is what I am worried for the past 15 years,” explained the richest man in China.
Finally, the hero But it is Forrest Gump, the naive protagonist and athletically prodigious played by Tom Hanks in the movie of 1994 But, a former English teacher who flies in Hangzhou founded the group making it the largest e-commerce site in the world, the character of the native ‘Alabama is a source of inspiration. “The dream of Alibaba has taken shape in the United States 15 years ago when I went to Silicon Valley and I’ve seen the movie Forrest Gump.” A little ‘as Gump, but did not do well in school but became a legendary entrepreneur.
“No matter what changes, you are you, and I’m still that guy who 15 years ago was earning only 20 dollars a month, “he said. The number one Alibaba said to have seen the film about 10 times: “Every time I feel frustrated watching the movie,” which he revised for the umpteenth time a few hours before the debut on the Stock Exchange of His creature.
Meanwhile sull’Ipo details emerge: more than 1,700 investors globally have placed orders, but about half had no action. Most of the securities, the sources said the Wall Street Journal, has been sold in the United States, while about half of the securities sold it went to 25 investment companies.
The operation will yield to Alibaba about $ 25 billion for a market capitalization of $ 168 billion, which will catapult it among the 40 largest public companies in the world, even before Amazon (currently valuata $ 150 billion). The shares closed at $ 91.7 (an increase of 36% on the price of the IPO). Its market capitalization is therefore slightly less than 231 billion dollars (yesterday analysts spoke of a maximum of 200 billion), well above the 200 billion Facebook even if less than 400 billion Google.
No comments:
Post a Comment