Wether you want to believe it or not, Ma’s Alibaba is projected to be an absolutely huge threat to Amazon. Making its market debut on Friday, in one of the largest IPOs of all time, Alibaba is definitely going to strike big! According to Business Insider, they are pricing their IPO at $68 per share – valuing Alibaba at an astonishing $168 billion – way more than the $150 Billion market capitalization of Amazon.
Don’t be the guy who doesn’t know anything about this. Here is a breakdown of everything you need to know about the difference between Amazon and Alibaba, created by SmartIntern.
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Picture Credit: SmartIntern