Converged communicators in International Business (GEB3373) have been reading, talking, and writing in recent weeks about Alibaba.com and its competitors in the fast-growing online marketplace sector. Now, according to Bloomberg News, Alibaba might be making a brand-new move. The company is reportedly exploring a move to offer stock in the United States.
This stock offering, if it occurs, would likely indicate an even greater international presence for Alibaba, which is mostly associated with China. In the last two weeks, we’ve seen several examples of the ways that Alibaba works, as well as comparisons and contrasts with similar sites such as Europages. If Alibaba does indeed offer stock in the United States instead of other potential markets, such as Hong Kong, do you think this would lead to more Americans doing business with the company? Do you think Alibaba stock would be a good investment?