Alibaba s initial public offer could the biggest IPO ever, after many months of speculation, on May 6th Alibaba unveiled its prospectus to list in New York.. Alibaba, a ecommerce firm, controls more than eighty percent online market of China. Alibaba could be valued close to 200 bn and it can raise 15 to 20 bn from this initial public offer. Yahoo will also get the windfall from this IPO as Yahoo owns ~24% stake in the Alibaba and as per the contract Yahoo will have to sell the shares in IPO. Market pundits have estimated Alibaba is bigger than combine Ebay and Amazon. Jack Ma, founder of Alibaba, already been getting recognized as rival of silicon valley, a economist report.
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