Alibaba Group is going to do an IPO this month on the NYSE. Expected to be the largest tech. IPO exceeding Facebook. AG is an eBay, Paypal, Amazon like company that dominates in China. China greatly restricts outside investment in its stock exchanges, so to get real money for a company of this size, you have to list somewhere such as NYC, London, Tokyo. Why was NYC picked? Is it because America is home to eBay, Paypal, Amazon? And/or is it because AG thinks that it will get more lenient oversight from America? Arabian Nights story is titled, Alibaba and the Forty Thieves. If this is Alibaba, then who are its competitors?
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