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United Parcel Service, Inc. Message Board

  • dudesbag dudesbag May 6, 2014 6:52 PM Flag

    China and U.S.-based Alibaba IPO

    I was just watching a Bloomberg representative describing the U.S. based Alibaba IPO coming up shortly. He described Alibaba as an internet giant sort of like Amazon and Google combined. He stated that they are doing the IPO in America so they can better access international investment markets. He went on to say that the notion of retail shopping is much less prevalent in China and it is by far the largest growing internet shopping/shipping entity in the world. As he was finishing up I'm thinking here you have a restrictive government in China that has been giving UPS and FDX a hard time in re-issuing operations permits. I'm thinking, "OK, you want the best of all worlds within the U.S. stock market? All we ask in return is a fair competitive standing against other shippers in your country." Is that too outlandish a deal?

 
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