discussion 2

Answer all of the case questions below and bring the case into the present day with the incorporation of additional research.

Your initial post should be 200 to 300 words. You should use at least two credible and recent sources in addition to the course textbook. Address the following:

• What are the characteristics of Alibaba’s growth, innovation, and financing strategies typical of successful entrepreneurial firms? What is unusual about Alibaba?
• Why has Alibaba become globally famous by focusing on its domestic market?
• Sometimes the initial public offering (IPO) of widely successful firms flops (Facebook’s disappointing IPO comes to mind). Does Alibaba deserve to be one of the world’s most valuable companies?