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Alibaba IPO Gets The NMA Treatment

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Alibaba IPO Gets The NMA Treatment
[ Business]

Next Media Animation is at it again. The Taiwanese animators have released this video depicting a predictably insane take on the Alibaba IPO. It involves a giant panda, some puppies, and a genie.

The company filed for the IPO earlier this week. It’s said to be the largest ever for a tech company.

The Chinese e-commerce giant dominates mobile commerce in that country, accounting for a reported 76% of all sales and roughly 136 million monthly active users. It detailed its financial performance for the first nine months of its fiscal year 2013, which includes revenue of $6.51 billion and net income of $2.85 billion.

You can find the filing here.

Alibaba expects to sell about 12% of its shares, which means that the IPO could generate around $20 billion, according to reports.

Image via YouTube

Alibaba IPO Gets The NMA Treatment
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