Alibaba.com had its initial public offering today, Saturday, October 27, and is expected to start trading on the Hong Kong Stock Exchange on November 6. They raised $1.5 billion.
Alibaba is the huge Chinese e-commerce company, which has four divisions: Alibaba International [importer to smaller size China business exchange], Alibaba China [subscription fee product postings], TaoBao [consumer to consumer exchange], and AliPay [online payment service].
However, if you don't have access to the Hong Kong Stock Exchange, you can invest in a company that has a large (39%) holding in Alibaba Group which is the parent company of Alibaba.com. That company is Yahoo (YHOO) which also bought approximately $100 million of Alibaba.com IPO shares.