Alibaba Group Chairman Jack Ma looks back at a giant electronic screen

Alibaba Group Executive Chairman Ma looks back at a giant electronic screen showing real-time sales figures of the company's Taobao.com and Tmall.com, on the "Singles' Day" online shopping festival, at the company headquarters in Hangzhou

Alibaba Group Executive Chairman Jack Ma looks back at a giant electronic screen showing real-time sales figures of the company’s Taobao.com and Tmall.com, on the “Singles’ Day” online shopping festival, at the company headquarters in Hangzhou, China.

The initial public offering of Alibaba stock in New York

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Executives from the Chinese online retail giant Alibaba and officials from the New York Stock Exchange pose for a photograph during the initial public offering of Alibaba stock in New York.