May 6, 2014 — -- intro: Alibaba, the giant Chinese company that is expected to file an initial public offering prospectus, may reveal the world's largest IPO by a private company.
With the reported hope of raising $20 billion, the company will have even more money to expand its e-commerce company that has been described as a combination of the American companies PayPal, eBay and Amazon all in one.
Yahoo! has a stake that's about 24 percent of Alibaba, but the company will divest part of that in Alibaba's share sale, Bloomberg reports. Yahoo! has a content partnership with ABC News.
Led by founder and executive chairman Jack Ma, who is worth an estimated $8.4 billion, according to Forbes, Alibaba Group started in 1999. The company operates services that include Taobao Marketplace, which it calls on its website China's most popular online shopping destination; and Alibaba.com, which it calls a "business-to-business marketplaces for small businesses engaged in international trade."
Here are some of the things you can buy through Alibaba.com.
quicklist:title: Christian "Loubarkin" Louboutin Inspired Shoe Toycategory: Minimum Order: 3,600 Piecesmedia: 23606432text: This is described in the web listing as a dog shoe toy made of plush.
quicklist:title: Giant Inflatable Cross for Easter Decorationcategory: free logo printing on both sides media: 23606916text: The cross has a three-year warranty, the Alibaba posting states. Plus it's waterproof and comes in your custom size and color.
quicklist:title: Palm Trees category: Minimum Order: 200 Piecesmedia: 23606534text: Palm tree, or Phoenix canariensis, with a trunk height of 130-250 cm and a diameter 23-35 cm.
quicklist:title: Budbox Hydroponic Grow Roomscategory: Made of tri-layer reflective materialmedia: 23607086text: Listed under "garden supplies," this hydroponic grow room listing says, "Whether your just starting out or expanding your Hydroponics kit we have the highest quality grow room range for you." The BudBox sizes range from 75x75x100 cm up to 120x240x200 cm.
quicklist:title: 2014 FASHION Surfing Machinecategory: Minimum order: 260 Setsmedia: 23606354text: Comes in black, pink, blue, this fitness product offers "convenient surfing" or surfriding.
quicklist:title: 2012 Inflatable Labyrinth Mazecategory: $0 - 1,800/piece media: 23606709text: You choose the size and the color.
quicklist:title: Fart Sound Bottle Openercategory: Minimum Order: 5000 Piecesmedia: 23607321text: Listed under cooking tools, the product description states: "five fart sounds, like real fart sound, try to use it to open the bottle."
quicklist:title: Acrylic Aquarium for Underwater Restaurant category: Thickness is 20 mm to 500 mmmedia: 23606228text: The seller says it has experience building aquarium tunnels, ocean building tanks, fish tanks, ornamental cylinder and other large products made from acrylic.
quicklist:title: Barf Bibcategory: Minimum Order: 1,000 Piecesmedia: 23607374text: "Tear resistant polypropylene outer shell, combative patient can't tear bib off," the listing states.
quicklist:title: Worm Traincategory: $20,000 - 30,000/Piece media: 23606007text: This "popular" coaster train is described as a "big worm amusement park electric train."