Black Friday is no match for China’s Singles’ Day
SHANGHAI, China -- If the gluttony of Black Friday spending in the United States makes you blue, China’s Singles' Day might help put things in perspective.
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Alibaba’s stunning American IPO signals confidence in Chinese economy
Within 10 minutes of its rollout on the New York Stock Exchange, Chinese e-commerce company Alibaba sold 100 million shares and earned $25 billion. Though not a household name in the U.S., it’s extremely popular in China and enjoys close…
Alibaba IPO opens with a roar on the New York Stock Exchange
Chinese e-commerce giant Alibaba began trading on the New York Stock Exchange at noon EDT today, opening at $92.70 a share — a 40 percent raise from its $68/share pricing the night before. That’s a bigger increase than Amazon.com saw…
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Shareholders of e-commerce giant Alibaba seek greater control and exposure with American IPO filing
A Chinese e-commerce giant called Alibaba filed an initial public offering that many experts say could rank among the largest ever. The company operates multiple businesses, including some akin to Amazon or eBay. Judy Woodruff talks to Paul Sweeney of…
