商务英语阅读1.doc

《商务英语阅读1.doc》由会员上传分享，免费在线阅读，更多相关内容在工程资料-天天文库。

1、InvestorsintheUnitedStatesarepreparingforthefirstpublicsaleofstockintheChinesecompanyAlibaba.ThecompanysellsgoodsbylinkingbuyersandsellersinthehugeChineseonlinemarket.Alibabaisexpectedtomakeitsinitialpublicoffering,calledanIPO,inSeptemberontheNewYorkSt

2、ockExchange・ThetotalvalueofthecompanybasedinHangzhouhasbeenestimatedatabout$200billion・ReportsfromBloombergNewssayAlibabaisofferinginvestorsa12percentshareofthecompany・Thatwouldmeanthecompanycouldraiseasmuchas$20billioninthepublicstocksale.AftertheIPO,

3、Alibabacouldbecomeoneofthemostvaluabletechnologycompaniesintheworld.Appleforexample,hasamarketvalue市值ofabout$600billion,Googleisvaluedatabout$390billion,andMicrosoftisworthabout$370billion.Thee-commercecompanyisresponsibleformostonlinesalesinChina.Itde

4、altwithmoreexchangeslastyearthanU.S.companiesAmazonandeBaycombined.Andithasmorethan230millionactivebuyers・ScottKennedyisdirectorofIndianaUniversity'sResearchCenterforChinesePolitics&Business・nAlibabahasgrownfromaverysmallcompanydoinge-commerce15yearsag

5、oorsotonowbeingthedominante-businesscompanyinChina/Kennedysaid.Mr.KennedysaysAlibabahasexpandedintonewareaswhilegrowingitsshareofthee-commercemarket."Itisalsoinvolvedinbankingandotherareasandhasjustbeengrowingsodramaticallythatitnowaccountsfor80percent

6、ofe-commerceinChina/Kennedysaid.HesaysthecompanyisprofitablewhichisunusualforatechnologycompanyfirstofferinganIPO.AlibabahaschosentosellitsstocktothepublicontheNewYorkStockExchangeratherthaninChina.ScottKennedysaysthatsellingstockonChineseexchangeshasb

7、eendifficult."Chinesecompanieshavebeentryingtoraisecapitalonstockmarketsforalongtime.WithinChinalistinghasbeendifficultandthatmarkethasnotdoneverywell/1Kennedysaid.HesaysthattheChineseeconomyhasgrownquicklyovertheyears,buthasnotsupportedstrongstockmark

8、etactivity.TheCaliforniabasedInternetcompanyYahooownsaboutone-forthofAlibaba.TheIPOinSeptembercouldincreasethevalueofYahoo'sshare.Chinaisnowtheworldssecondlargestmarketfore-commerce.