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Alibaba IPO: BABA's Value Is Climbing Past This Tech Giant
Throughout the Alibaba IPO process, the Chinese e-commerce giant has been regularly compared to the largest e-commerce company in the U.S., Amazon.com Inc. (Nasdaq: AMZN).
In fact, one of the most common nicknames for Alibaba Group Holding Ltd. (NYSE: BABA) this past year has been "The Amazon of China."
But that title may not fit much longer, because Alibaba will soon be much bigger than Amazon...
Throughout the Alibaba IPO process, the Chinese e-commerce giant has been regularly compared to the largest e-commerce company in the U.S., Amazon.com Inc. (Nasdaq: AMZN).
In fact, one of the most common nicknames for Alibaba Group Holding Ltd. (NYSE: BABA) this past year has been "The Amazon of China."
But that title may not fit much longer, because Alibaba will soon be much bigger than Amazon...