"Alibaba is coming to the U.S.A. The Chinese Internet giant – China’s Amazon and more – is coming to Wall Street for an IPO. A giant stock offering. Maybe the biggest tech offering ever.
It’s opening a huge window into China’s alternate Internet universe:
- Alibaba as its Amazon.
- Baidu as its Google.
- Tencent as its Facebook."
At start functional "clones" of American internet companies,
in China this is an efficient collaboration with government...
Online trade bigger and more important than brick & mortar retail...