China Uncensored
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Why Alibaba Might Be a Risky Investment | China Uncensored
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September 27, 2014
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8:30Now PlayingYou might have heard lately about the Chinese e-commerce company Alibaba. Think of it as a giant combination of Amazon, Ebay, and PayPal. Last week, it had the biggest IPO (initial Public Offering) in history on the New York Stock Exchange, raising 25 billion dollars. On its first day of trading, Alibaba's stock prices shot up almost 40%. By the end of the day, its market value exceeded 240 billion dollars, making it the second largest internet company, and making its founder Jack Ma the richest person in China. So Alibaba seems like a great investment, right? But like almost everything involving China, it's complicated. On this episode of China Uncensored, find out why Alibaba might be a risky investment.
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