Chinese e-commerce giant Alibaba files for US IPO

Global Business

China’s Alibaba is shaking up the technology world.

The e-commerce giant, which is really so much more than that, has just filed for a public listing in the United States. Analysts say it could be one of the biggest tech IPO’s in history.

Matt Turlip, an analyst at private research firm Privco discusses Alibaba’s IPO.
CCTV’s Shraysi Tandon reports on background of the company and Alibaba’s plan for growth.

Even though Alibaba’s business accounts for up to two percent of China’s GDP, the company and its quirky founder are barely known outside the country. Bianca Davie has more on Jack Ma.