Alibaba worth more than Google?

i was going through todays paper , there i read that alibaba which is china's largest e-commerce company has launched what is said to be one of ther worlds most expensive initial public offering which will raise upto 11.60billion HongKong dollar (1.49$ billion) through a share sale priced at a much higher valuation than investors paid for google when it came public.

so beware google as it is presently the biggest in e-commerce trade so lets wait and watch

 

If google were to go public today, and not then, then it would be at a much higher price

If you talk about the past, when google started, people who cut 100K checks have encashed Billions already

 

that true man but who knows this a china based company no one predict china people and then too they also are becoming king in export trade so they have some chance of becoming no1

 

actually people did predict China to raise one day based on its population just it ain't mainstream news back than.

Hey with the things are going like the recent Great Firewall Of China blocking off Goolge, Yahoo and MSN from chinese visitor and diverting them to baidu, it's not that fair of a competition

 

yes, you are right, alibaba more powerful e-commerce portal for all business.

 

Alibaba is I think Import Export king.

 

yeah it is an import king but as we all know china sells their product at very cheap price so i thing it is an export king

 

Google has nothing to worry about it. They operate on totally different niches!

 

Why will google want to worry... see their YOY basis improvement in profits/sales and see the mktg expenses which is almost nil compared to their revenues and increase in revenues..

 

No way it is worth more than Google

Google caters to the whole world but Alibaba caters only to China!

So in my opinion Google is worth more than Alibaba

 

i said that it will be worth and not is worth so wait and watch as we all alibaba is also a strong site so we cant predict what will happen

 

Alibaba has acquired yahoo china, so they are also in the search business. China will most likely have the most internet users in the future. Therefore they share the same niche and a large one at that.

Alibaba is the world's leading b2b website, very much a global site.

But yes, at the moment i do not see the value of Alibaba being that much greater than Google.

 

bhushna, your original quote is wrong.
Google is currently the Biggest IPO ever offered and will most likely stay that way.

-from CNNMoney.com

 

100k Investment at google on IPO of 50$ = 13x Gain. Meaning 100k Becomes 1.3 million. NOT BILLIONS. Math if your friend.

 

It is absolutely pandemonium over here in Hong Kong at the moment. The stock market went up by 40% within 2 month and everybody has unadulturated greed in their eyes, including myself! Everybody is talking about stocks, stocks, and stocks everywhere during anytime of the day!

http://www.iht.com/articles/2007/10/18/business/wbmarket20.php

China now has the most valuable companies in the world and has got more $200 billion companies than the U.S. Most of the companies you would not have heard of e.g.

PetroChina, second most valuable company in the World after Exon Mobile. After its IPO in China next month, its stock price is expected to double again to become the most valuable company in the world
China Mobile, third most valuable and the most valuable telecommunications company in the world
ICBC - 4th most valuable and the most valuable bank in the world
Air China - most valuable airline in the world.

At this rate, it is quite safe to bet that the stock price of Alibaba will double on the day of its IPO. It shoud be more valubale than Google within a year to become the most valubale Internet company in the world. The Chinese really expect to dominate world business in a few years.

Of course, it is one of the largest bubbles ever seen, like the Japanese stock and propery bubble of the eighties. Nobody knows when it will burst but when it does, it will end in utter misery for millions with effects felt worldwide. I just cannot imagine the consequences....

 

That's so depressing. The 2 times I have dealt on Alibaba I have lost money, and been totally scammed.
Not only did Alibaba not give a shit, but it was from a supposed Gold seller. Within a week or so there was no sign of them on there.
I don't understand how it can be worth so much if it is so well known for scammers.

 

The latest news is that Alibaba has soared 135% on debut!

http://edition.cnn.com/2007/BUSINESS/11/05/alibaba.debut.ap/index.html

But this is tiny news compared to PetroChina, which has just become the most valuable company in world. It is now the first ever company to worth a trillion dollars! It is now worth more than twice that of Exxon, the second most valuable company in the world.

http://www.bloomberg.com/apps/news?pid=20601080&sid=aA1jwRD9tCuA&refer=asia

To see how stunning this all is, PetroChina is now worth more than the GDP of Russsia. It is worth more than the entire whole Russian stock market! Just who would have thought that a few years ago, China would have the most valuable companies in the world?

 

To be honest im not a fan alibaba. Was looking at buying some mp3 stuff and every seller looked like a scammer of some sort. Just a gut feeling really. There is alot of bad press on alibaba

 

whole alibaba includes five parts:alibaba B2B,Taobao.net(C2C in China),Pay a treasure（pay way in China）,ali software,China yahoo.but notenly alibaba B2B go to stock at HK,of course it sold some other stocks together,but still not all alibaba,besides yahoo.cn has direct competition,alibaba b2b will stand its point at products search from China,for now ,just in China,which'll cause trade between Chinese suppliers and importers from other counties.

still a long road to go for alibaba.

if you understand Chinese,view here,it's too large to upload.
http://vip.bokee.com/shtml/php/upload/upload/200710201725222.gif

 

Alibaba will needs seo for their website one day! That is for sure!