Worth 48
billion dollar
CEO Jack Ma
said in 2012 he wanted to go public with Alibaba within five years. The total
worth of the group, which focuses on B2B and B2C platforms, is currently
estimated at about 48 billion dollar.
The worth
of Alibaba is also influenced by the growth of the Chinese market and that market
is far from mature and thus has some potential left in it. In the first quarter
sales of the company ended up at 1.07 billion euro, 71% more than in 2012.
Commotion
about Tienanmen statement
The results
of Alibaba were announced by American Yahoo, which has an interest of 24% in
the Chinese online player.
Meanwhile
an online petition is asking CEO Jack Ma to apologise for a statement he made
in 1980 during the violent crackdown of the protest on Tienanmen Square in
Beijing. He had said party leader Deng Xiaoping had acted decisively.
