Alibaba Rally

Alibaba stock rocketed to the cloud by horse yesterday. The stock price closed at HK$39.5 per share, $26 more from its offer price $13.5. In the other words, the stockholders almost tripled their capital on the first trading day.



According to a source, the founder and chairman Jack Man Yun was a teacher before he becomes the dotcom giant. After he visited the US, he learnt the Internet and then founded Yellow Pages of China. After his Yellow Pages contained a plenty of companies, he thought why not match them to do business. This thought thus created Alibaba.com 8 years ago.

In 2003, my company made a proposal of establishing a B2B platform to a giant bank. The bank would like to utilize the Internet to build a platform for processing LC amongst its customers, which include suppliers, buyers and trading companies. The platform would also allow the companies doing business online so that it becomes a bank-supported B2B marketplace. Unfortunately, the person in charge was assigned to another region and no one followed up the proposal. Both of us lost the chance of triple profit.

Why can't we be Alibaba? He rides on a horse while we still walk.

ALI, ALI BABA, ALI BABA 跟蹤土匪好細心
ALI, ALI BABA, ALI BABA 跟蹤土匪好勇敢
芝麻開門 芝麻開門 明白了 明白了
芝麻開門 芝麻開門 明白了 明白了

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