Sihai network

Alibaba listed in New York

Alibaba went public in New York last night, which means that Ma Yun will become the richest man in mainland China, only second to apple, Google and Microsoft in global IT enterprises. Such a position for Ma Yun and China, can also be regarded as a kind of biggest encouragement!

Alibaba officially landed on the New York Stock Exchange last night, closing at US $93.89, up 38.07%, with a total market value of US $231.4 billion, which means that Alibaba has become China's largest Internet listed company, with a market value close to the sum of Baidu and Tencent, and second only to Apple, Google and Microsoft among global IT companies. At present, Ma Yun holds a total value of about 18.1 billion US dollars, making him the richest man in the mainland.