The company's $25 billion IPO in 2014 was the world's largest, valuing the company more than Facebook or Coca Cola.
Alibaba today runs the e-commerce services that hundreds of millions of Chinese consumers depend on every day, providing employment and income for tens of millions more. As the company sets its sights on the country's financial and media markets, are there limits to Alibaba's ambitions, or will the Chinese government act to curtail them? And as it set up shop from LA and San Francisco to Seattle, how will Alibaba grow its presence and investments in the US and other international markets?Clark tells Alibaba's tale within the wider story of China's economic explosion--the rise of the private sector and the expansion of Internet usage--that haver powered the country's rise to become the world's second largest economy and largest Internet population, twice the size of the United States. He illuminates an unlikely corporate titan as never before, and examines the key role his company has played in transforming China while increasing its power and presence worldwide. He also explores the political and social context for these momentous changes.