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May 8th, 2014
01:59 PM ET

Weighing in on the Alibaba IPO

Alibaba has filed its IPO in New York to raise $1 billion, but former Alibaba CEO David Wei is confident it will raise even more than Facebook's $16 billion bonanza.

Though many anticipate a blockbuster IPO, industry watchers also expect significant challenges ahead for the Chinese e-commerce giant.

How will Alibaba address concerns about the amount of counterfeit goods sold by its users - concerns that prompted Wei to resign after a fraud inquiry in 2011?

And how will Alibaba manage the shift to mobile, especially given the threat from Tencent's WeChat - the Chinese mobile app already on its way to becoming a global brand?

Click on for my conversation with China tech investor and former Alibaba CEO, David Wei.

(His catchphrase to describe founder Jack Ma may raise an eyebrow!)

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Filed under: China • Technology
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