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What, exactly, Alibaba does, with Charlene Li in Marketplace

Altimeter Group

Charlene Li as quoted in Marketplace:

The Chinese e-commerce company Alibaba aims to hit a Wall Street milestone later this month: biggest IPO ever. Today, the company started what Wall Street calls a "road show" — nonstop meetings with potential investors, in an attempt to raise more than $24 billion. Analysts say the company’s likely to raise at least that much...

Charlene Li, founder of the tech consultancy Altimeter Group, says she once used Alibaba.com to research laptop manufacturing. “The fact that I could put out a bid, and talk to complete strangers in parts of China... that I had no idea where these people were,” says Li. “You think about: ‘I could actually do this at scale.’”

Read the rest of this article on Marketplace.