Friday, November 14, 2014

Chinese Entrepreneurs and their four Silicon Valleys

On September 19th, 2014, Alibaba, a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer, and business-to-business sales service via web portals, broke records when at the end of the day of their Initial Public Offering, Alibaba's market value was measured at US $25 billion.

For a long time now, Westerners have viewed China as an inferior country when it comes to business.  But things have changed, and now China is making it's mark on the international business market, especially when it comes to technology.  China has four Silicon Valleys compared to one in the United States.  Read more about how "China Triumphs as Silicon Valley Primps" here.

Text from Wikipedia (http://en.wikipedia.org/wiki/Alibaba_Group) used  under the Creative Commons Attribution-ShareAlike License.

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