Eyeing China's Alibaba Date:
April 05, 2005 Copyright:
Bambi Francisco [MarketWatch]
SAN FRANCISCO (MarketWatch) -- If you were located in the fastest-growing economy in the world, and were in the hottest consumer sector, wouldn't you want to know how much you're worth?
I would, especially if I'd started Alibaba, among the fast-growing Chinese Internet startups. Alibaba owns two of the largest B2B marketplaces in the world; has a joint-venture partnership with Softbank in a popular Chinese online auction business, called Taobao; and owns a Chinese online payment system, called AliPay. Hmm, sounds like eBay's Asian twin to me.
There's quite a stir coming from Alibaba, and it's likely because the company is seeing a dizzying combination of consolidation, investor interest and competition all at once.
What do you do when you've got an asset that can be capitalized on?
