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Jon Talton

Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.

Topic: Alibaba

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September 19, 2014 at 10:31 AM

Vote: Is Alibaba a threat to Amazon?

Shares in Alibaba Group surged as high as $99.70 today in its NYSE debut after its initial public offering was priced at $68. At $200 million, it will make the Chinese e-commerce company one of the most valuable in the U.S. market. Significantly, it will be a higher market value than Amazon, whose stock also…

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