Chinese e-commerce giant Alibaba just upped its valuation to $130 billion, raising its share price to $56. In late June it was $117 billion, with shares at $50. But the stock market keeps chugging along, and Alibaba keeps making money, so it decided to up what it's worth.
In this segment of The Motley Fool's Where the Money Is, consumer-goods editor Mark Reeth and analyst Sean O'Reilly discuss Alibaba's potential when its stock is finally available in the U.S., the company's compelling business model, and what it means for Yahoo! (NASDAQ: YHOO ) , one of the investors in this e-commerce powerhouse.
This isn't the only Chinese company bringing business to the US
"Made in China" -- an all too familiar phrase. But not for much longer: There's a radical new technology out there, one that's already being employed by the U.S. Air Force, BMW and even Nike. Respected publications like The Economist have compared this disruptive invention to the steam engine and the printing press; Business Insider calls it "the next trillion dollar industry." Watch The Motley Fool's shocking video presentation to learn about the next great wave of technological innovation, one that will bring an end to "Made In China" for good. Click here!