All About Alibaba: Ritholtz Chart

Barry Ritholtz is a Bloomberg View columnist writing about finance, the economy and the business world. He started the Big Picture blog in 2003 and is the founder of Ritholtz Wealth Management, an asset management and financial planning firm.
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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