Press Releases

The Guardian: Internet giant Alibaba valued at $231bn after frenzied debut as public company

September 20, 2014

Rapid Ratings chief executive James Gellert said the initial public offering (IPO) marked a watershed moment. “This puts the US on notice that global tech is about more than Silicon Valley,” he said. “Every tech company in the US that is in Alibaba’s general business is paying close attention. This company is going to be a formidable competitor with a tremendous amount of cash.”

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