All About Alibaba: Ritholtz Chart

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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Alibaba filed for its initial public offering last night and as you can see from the chart below, it is more than merely the "Amazon of China."

If you want to know why the company's expected value is so large and investors seem endlessly enthusiastic, consider the sandbox the company plays in. In addition to online retail, Alibaba is also involved in cloud services, online payments, mobile-operating systems and applications, maps and navigation, group purchasing, ride sharing, microblogging and music streaming.

The Amazon of China? More like the Amazon-Android-Dropbox-PayPal-Uber-Groupon-Spotify-Twitter-Hulu of China.

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

To contact the author on this story:
Barry L Ritholtz at britholtz3@bloomberg.net