Alibaba, a super popular e-commerce company in China, became the largest-ever initial public offering in the US. Alibaba is currently valued at over $200 billion, and accordingly the founder Jack Ma became the new richest man in China. In North America, Alibaba is probably not knew by too much people, but actually this is a super e-business company in the world,especially in China. Compared with eBay and Amazon, Alibaba has much greater advantage in terms of customers and cash transection, and more specifically, the value of goods sold through Alibaba last year is equal to that of the combination of Amazon and eBay (The Wall Street Journal.Web. 22 Sept. 2014.) What I am interested in this News is why Alibaba can attract so many investors to invest and make such success? After reading the letter Jack Ma wrote to investors, I believe the value propositions that Alibaba provide is right one of the answers. Ma wrote: “ We want to help small businesses grow by solving their problems through internet technology. Alibaba’s mission is to make it easy to do business anywhere.” For the last 15 years, Alibaba devoted all its effort to provide small companies and individuals more easy and convenient access to free market. This leads to a good reputation, strong image, wide acceptance and today’s success Alibaba enjoys. There should be more reasons that so many investors would like to trust and to invest Alibaba besides its insistent mission. There are also some other questions whether Jack Ma can make good use of these investment to further develop Alibaba, and is it a wise decision for investors to invest this Chinese company. These questions probably cannot answered right now, but time will tell.

Work Cited:

“Out of Control.” The Economist. The Economist Newspaper, 20 Sept. 2014. Web. 22 Sept. 2014. .

“Alibaba: Too Big to Expropriate?” The Wall Street Journal. Dow Jones & Company, n.d. Web. 22 Sept. 2014. .