Alibaba Stock
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Alibaba Group is currently a privately owned China-based group of Internet-based e-commerce businesses including online web portals, online retail and payment services, a shopping search engine and data-centric cloud computing services.
The IPO planned for September 2014 will give it a legal structure known as a variable interest entity, or VIE, required by the Chinese government for foreign ownership in certain industries, including the Internet.
The IPO's mission statement is based on the playbook of Internet giants Google and Facebook by aiming to ensure the company will survive into the 22nd century, bridging the gap between China and the world, and fighting for “the little guy”. The logic behind this policy is that if the customers and the employees are treated right, it will be a strong company, which will be good for the investors.
Alibaba could trail only Google and Facebook among the most-valuable Internet companies traded in the U.S. if it reaches top valuation estimates.
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Content rating: Everyone

Requires OS: 2.3.3 and up

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