What you should know about the newly IPO Alibaba (NYSE:BABA)?

Now that the Chinese company Alibaba had a successful IPO in NYSE (so far). Somebody might had never heard about this company before.

Here is an excellent Bloomberg video shows how the Alibaba company works.

http://www.bloomberg.com/video/alibaba-how-it-works-explained-with-280-pairs-of-pants-YkEKoSTHT3qV5qDnQthiWA.html

Man, it is a successful IPO: in the first day of trading, the stock price went up to $92 with more than 30% gain.

Now the next question is can it escape the first year performance curse that the previous big IPO does? We shall See.