Will Alibaba Be a Trillion-Dollar Stock by 2025?
Alibaba (NYSE: BABA), the largest e-commerce and cloud infrastructure company in China, went public in September 2014. Its stock price rose 38% on the first trading day, giving it a market cap of $231 billion.
Last October, Alibaba's share price hit a record high of $319 and its market cap approached $850 billion. At the time, Alibaba seemed destined to become the first trillion-dollar Chinese tech company.
Image source: Alibaba.
Source Fool.com
