With Alibaba’s Big Debut, 10 Things To Know

China's e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange. Here are ten things to know about Alibaba, and why its initial public offering made history:

THE BIGGEST: Alibaba raised $21.8 billion in its debut, making it the biggest U.S.-listed IPO in history after the IPO of credit card processing company Visa in 2008. If Alibaba's investment banks were to exercise their option to sell an additional 48 million shares, it could make Alibaba's IPO the biggest in the world, beating out the $22 billion IPO of Agricultural Bank of China in 2010.

DON'T FORGET YAHOO: It may have been a big day for Alibaba and its founder Jack Ma, but Yahoo's investors are feeling pretty good after Alibaba's IPO. Yahoo was an early investor in Alibaba, paying $1 billion for a stake in the company in 2005. Yahoo likely made $8.3 billion to $9.5 billion in Alibaba's IPO, and will still own a 16 percent stake in the company worth $37.7 billion.

ALIBABA ECLIPSES SILICON VALLEY: Alibaba now has a market capitalization of roughly $219.8 billion, according to FactSet. That makes the company bigger than some of the U.S. technology industry's most successful names, such as Facebook, eBay, and even Amazon.com.

ALL IN ONE: Investors are interested in Alibaba because the company dominates many businesses in China that, here in the U.S., are run by individual companies. Alibaba owns the websites Tmall and Taobao, which are similar to Amazon.com and eBay, respectively. The company also earns money from transaction fees related to its various businesses through Alipay, which is like PayPal. That's just three of Alibaba's many subsidiaries.

BIG PROFITS: Unlike the U.S. e-commerce giant Amazon, Alibaba has been consistently profitable. The company had $8.5 billion in sales in its latest fiscal year ending in March, with net income...

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