values at $160bln whereas the recent attempted merger of Pfizer and AZ was only circa $60Bln ?WTF all this for a glorified website ? And to boot he's an ugly mother.I sense a massive short coming on.

Apparently, there were transactions in the private markets that valued the company at $125bn.Most of the people in Asia compare Alibaba to Amazon.com, I've never used it, but would be interested to hear from people who have used it.The justification for this valuation comes from supposed data that Alibaba is more profitable than Facebook (FB)According to Forbes:"Alibaba's sales rose 66% in the fourth quarter of 2013 versus the year prior, while earnings surged 110% to $1.4 billion. In the most recent quarter, Facebook (FB, Fortune 500) reported income of $523 million and Amazon earned $177 million. Twitter has yet to post a profit."YHOO has a 24% stake in the company, which has been beaten to death by reporters.---------------------------------------------------------------"Predicting rain doesn't count, building arks does"http://buildingarks.com/

Yeah of course but all it is is a website where sellers post their wares and buyers buy off it. What's the big F deal ?And has only 1 guy the whole of China allowed to do this, guy must be connected to the PRC inner circle.

QuoteOriginally posted by: ctabetterYeah of course but all it is is a website where sellers post their wares and buyers buy off it. What's the big F deal ?You may want to actually read the S-1 to understand the extend of their full operations.

What's S-1 ?

Not sure if you're trolling or not... google "S-1"