Share prices for Chinese e-commerce giant Alibaba went from $68 on Thursday to an opening price of $92.70 on Friday, vaulting the newly public company’s value to over $231 billion—more than eBay and Amazon combined. Share prices fluctuated throughout the day on Friday but closed at $93.89, a 38 percent gain. “We want to be bigger than Wal-Mart,” Alibaba founder Jack Ma said on the floor of the New York Stock Exchange. “We hope in 15 years people say this is a company like Microsoft, IBM, Wal-Mart; they changed [and] shaped the world.”
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