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Tuesday 23 September 2014

Forrest Gump Was The Biggest Inspiration Behind The Guy Who Became Worth $14 Billion Overnight

Forrest Gump Was The Biggest Inspiration Behind The Guy Who Became Worth $14 Billion Overnight
The Chinese e-commerce giant, Alibaba, made history last Friday with the world’s largest initial public offering ever: $25 billion.
If you don’t know what Alibaba is, imagine that eBay, PayPal and Amazon had a baby — a giant baby.
That’s what Alibaba is: a massive online trading platform where you can literally find just about anything. For example, if you’re interested in buying a life-size silicon Paul Walker statue, Alibaba is the place for you.

Alibaba is now the 18th biggest company on the planet by valuation. It’s worth around $230 billion, making it worth more than Facebook, Amazon and eBay. Likewise, in terms of tech companies, Alibaba ranks in the top 5:

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