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Politics › African Immigrants Worry About Backlash From U.S. Ebola Case by Joel3(op): 9:41am On Oct 05, 2014
DALLAS (Reuters) - In Dallas and other cities home to large populations of African immigrants, worries are abounding among many that their standing in the United States has been tainted by one Liberian man infected with Ebola being treated in Texas.

"Some people around here see us as bringing the disease and that's just not right," said a Liberian who asked to be called Sekou, fearful that he and other West African immigrants are going to face bias in their U.S. home because of the sick man.

Because many Americans have little knowledge of Africa's geography and the politics of countries on the continent, some African immigrants said they have felt a backlash because of the infection in Dallas from Americans who cannot distinguish
Liberia in the west from Libya in the north.

Many immigrants in Texas are also quick to offer to the United States and its people for taking them in, but say handshakes are fewer and curious glances more frequent after the Ebola discovery in Dallas.

The Dallas case, the first diagnosed case of Ebola in the United States, has put authorities and the public on alert over concerns that the worst epidemic of Ebola on record could spread from West Africa, where it began in March. The World Health Organization on Friday updated its death toll to at least 3,439 out of 7,492 suspected, probable and confirmed cases.

The epidemic has hit hardest in impoverished Liberia, Sierra Leone and Guinea. Some U.S. politicians have called on President Barack Obama to consider a travel ban from the
Ebola-hit countries. "We have one diagnosed case and now there is a list of people who want to shut the borders to Africa," said Eric Williams, running as an independent for a U.S. Congress seat from a south Dallas district.

Williams was speaking near the apartment where the Ebola patient, Thomas Eric Duncan of Liberia, was carted off by an ambulance about a week ago in the melting-pot neighborhood of Vickery Meadow, home to about 25,000 people who speak more than 30 languages. Somali immigrants wearing traditional clothing that includes headscarves for women, have seen fingers pointed their way on the neighborhood streets.

"People are looking at us in a bad way. We didn't have anything to do with this. Somalia does not have Ebola. It is on the other side of Africa," said Shadiya Abdi, 27, an immigrant from Somalia. 'GET YOURSELF QUARANTINED' There were nearly 2 million people in the United States who came from sub-Saharan Africa, according to U.S. Census data from 2010.

In downtown Dallas, near where tourists gather at the site of President John F. Kennedy's assassination, an Ethiopian parking lot attendant who gave his name only as Ayob said a few people have started to see him as an object of suspicion. "Some guy told me 'go get yourself quarantined',"
he said. At schools in Vickery Park, where five students who came in close contact with Duncan have temporarily stopped attending school, some of the other children of African immigrants have been branded 'Ebola kids'," politician Williams said.

At a Dallas specialty food store for African goods, customers said shutting borders is useless, especially in West Africa, where many do not know where the lines are drawn and it is easy to walk from one country to the next.

A few see a silver lining in Ebola landing in the United States, in that it will focus the attention of the world's richest country on eliminating a disease that has killed thousands in some of the world's poorest countries.

"The best thing is to mobilize resources to contain the epidemic in West Africa," said Limerick Willie, a Liberian native who is has lived in Texas for decades and now heads Dallas African Charities. "If you stop it there, the world will be safe. (Reporting by Jon Herskovitz; Editing by Tom Brown)

www.wicmedia.com/viewtopic.php?pid=412#p412
Politics › Re: BREAKING: Another Liberian Man Arrives Newark, USA With Ebola Symptoms by Joel3(m):
it seems to me usa are more fond with liberian
Politics › Re: Why Africans Hate Nigerians So Much by Joel3(m): 2:34am On Oct 05, 2014
here you talk of hate. Americans is more hated than nigerians. Ask yourself why many hate americans
Celebrities › Did Akon Evade Ebola At His Congo Concert By Crowd Surfing In A Plastic Bubble? by Joel3(op): 2:16am On Oct 05, 2014
Was Akon refusing to touch Congo concertgoers? The singer has just been accused over the past couple days of trying to protect himself from ebola by performing in a giant plastic bubble in the Democratic Republic of Congo on September 21st.

Was he really that afraid of the vicious virus? Um, probably not. Sure, Akon jumped around in a plastic bubble, but those giant hamster balls have been around for years! You may have seen them at the concerts of The Flaming Lips, Diplo, and Peter Gabriel.

The GIF of Akon crowd surfing in one (above) is actually from before the ebola scare - WAY back in 2010! What's more, Akon wasn't even in the bubble the whole time!

He was touching audience members
like any other concert! Check out the video proof (below)!

Politics › U.S. Ebola Patient Travel To Marry In Us. Baptist Church In Dallas by Joel3(op): 10:09pm On Oct 03, 2014
Dallas Ebola patient Thomas Eric Duncan was
coming to America to get married and start a new life with a woman baptized this summer as a member of Wilshire Baptist Church, the church’s pastor, George Mason, said in an email to church members forwarded to ABPnews/Herald.

“I’m writing today to let you know that, sadly, there is a Wilshire connection to the
Dallas Ebola case,” Mason said.
“One of our own members and her family need our intensive prayer, as the patient identified in the first case of Ebola in the
United States is a relative of theirs.” Louise Troh, a native of Liberia being confined in
isolation with other family members because of possible exposure to the disease, was baptized as a member of Wilshire on June 29. She joined and was warmly received by the Open Bible Class, a large group of senior adults 60 and older.

“I have spoken with Louise by phone this morning and learned that Thomas Eric Duncan, who currently is hospitalized in isolation at Texas Health Presbyterian Hospital, came to Dallas to marry Louise and start a new life in America,” Mason said.

Mason asked church members to pray both for Duncan, who, according to ABC News, as of Friday morning had grown too weak to talk to his family on the phone, and for Troh and members of her extended family in isolation under direction of the Centers for Disease Control until any threat of infection with Ebola has passed.

“You can imagine how frightening this must be for all of them, mixed with the sadness of Mr. Duncan’s diagnosis,” Mason said. “Please join me in praying for God’s mercy and peace to fall upon each of them and for God’s healing.” Mason said there is no reason to believe anyone else at Wilshire was exposed to Ebola.

Mason said none of Duncan’s family and friends has attended Wilshire since his arrival in the United States on Sept. 20. Unlike other viruses like the flu, Ebola is not communicable until symptoms are present and is spread only through direct contact with blood or
body fluids.

Mason said members of the Open Bible Class “are doing everything they can to find appropriate ways to be supportive, but there are obvious limits due to the quarantine.” Troh told the Associated Press Oct. 2 she is tired of being locked up and waiting for health authorities to decontaminate her home. Officials in Liberia said if he survives, they plan to prosecute Duncan for answering “no” on a questionnaire if he had contacted anyone infected after helping a woman who later died from Ebola, though it is unclear he knew what she had.

The Associated Press quoted local sources who said at the time the woman’s illness was believed to be pregnancy related. Texas Health Presbyterian Hospital in Dallas drew criticism after sending Duncan home when he first showed up in the emergency room on Sept. 25.

Officials said Duncan told staff he had recently been to Africa, but the information didn’t show up in doctors’ records because of an error in electronic record keeping. Officials say Duncan may have had contact with as
many as 100 people before he returned to the same hospital Sept. 28 and was admitted in isolation as a potential Ebola patient.

Duncan’s is the first case of Ebola diagnosed in the United States, but on Friday a patient with Ebola-like symptoms was admitted to Howard University Hospital in Washington as a precaution.

Earlier this week Ashoka Mukpo, a freelance journalist, tested positive for Ebola in Monrovia, Liberia, making him the fourth American to contract Ebola since the outbreak began in West Africa this spring. The other three — missionary nurse Nancy Writebol, Dr. Kent Brantly of Samaritan’s Purse and Massachusetts physician Dr. Richard Sacra — all returned to the U.S., where they were treated and later released.

[url]Www.wicmedia.com/viewtopic.php?pid=411#p411[/url]

Business › Re: Can I Send Money Abroad From Nigeria, Through Western Union by Joel3(m): 8:39pm On Oct 03, 2014
nigeria can now send money via western union.

Just recently nigeria was added to the world list to send out money.
Phones › Re: Blackberry Passport Specs And Price In Nigeria by Joel3(m): 9:41am On Oct 03, 2014
how much? I like physical keys
Politics › Petitions For Whitehouse To Ban Any Entry Of Ebola Infected Nation Into Us by Joel3(op): 2:56pm On Oct 02, 2014
Politics › Re: US Ebola Patient Identified As Liberian National by Joel3(op): 10:46am On Oct 02, 2014
candy: Liberians are bent on spreading ebola all over the world! Duncan is Patrick Slayer the second.

The way to treat these Liberians is to quarantine all Liberian travellers for 21days on arrival at every port. That way, whatever they are carrying can't be passed on to innocent people.

*but these people too were careless sha*
i think that will be too hash.
Politics › US Ebola Patient Identified As Liberian National by Joel3(op): 11:37pm On Oct 01, 2014
U.S. Ebola Patient Identified as Liberian.

National Officials Are Monitoring 12 to 18 People Who May Have Come Into Contact, Including 5 Children Updated Oct. 1, 2014 3:01 p.m. ET

From Ebola First Case in U.S. Confirmed 5 Things.

The patient with Ebola in Dallas was identified Wednesday as Thomas Eric Duncan, a Liberian by nationality, according to an acquaintance of the
sick man and a Liberian government official. The acquaintance, who asked not to be identified, said Mr. Duncan would travel "every so often" to
the U.S. from Liberia to visit friends and was familiar to some Liberians living in the Dallas-Fort Worth area.

The acquaintance confirmed reports that Mr. Duncan grew ill, went the hospital last Friday and left after being given medicine. Mr. Duncan's symptoms didn't go away, the
acquaintance said, and health officials said he returned to Texas Health Presbyterian Hospital on
Sunday—this time by ambulance.

Liberian Information Minister Lewis Brown confirmed Mr. Duncan's nationality, but said he didn't have additional details on him. The patient
left Liberia aboard a Brussels Airlines NV flight that transited through the Belgian capital.

Speaking at a news conference on Wednesday, Mark Lester, an official with the Dallas hospital's parent company, explained how the patient was sent home after he first visited the Dallas hospital, complaining of fever and abdominal pain.

When asked questions by a nurse who was following an Ebola checklist implemented by the hospital, the
patient said he had traveled to Africa, Dr. Lester said.

But he said the information obtained by the nurse was "regretfully" not fully communicated to the entire clinical team who cared for the patient during his first visit.

The patient later returned to the hospital on Sunday and was then recognized as a possible Ebola case and placed in isolation. Dr. Edward Goodman, an epidemiologist with the
Dallas hospital, said he believed there is "little likelihood" any hospital staff were exposed to the virus.

During the time before Mr. Duncan was admitted to the hospital, he possibly came in contact with five
children in Dallas, ranging from elementary to high-school age, as well as other members of the patient's family, local officials said at a news conference Wednesday.

Local officials were monitoring between 12 and 18 close contacts of the patient, including the five children who had been ordered to stay at home, said Christopher Perkins, the Dallas County Health and Human Services Medical Director/Health
Authority.

Dr. Perkins said the children hadn't been quarantined. As of yet, none of those suspected of coming into
contact with Mr. Duncan has exhibited symptoms of Ebola, officials indicated. The five children who have been ordered to stay at home did attend school earlier this week, according to Mike Miles, the Superintendent of the Dallas
Independent School District.

But he emphasized the students haven't yet demonstrated symptoms of Ebola, and so they were believed to have posed no threat to their fellow students. He said additional
health care professionals will be on site at the schools to monitor students and extra custodial staff had been dispatched to clean the schools.
"It's business as usual," Mr. Miles said.

Www.wicmedia.com/viewtopic.php?pid=404
Politics › World News » US Experts Hunt For Ebola Exposure After First Case by Joel3(op): 7:14pm On Oct 01, 2014
WASHINGTON - Health experts are monitoring "a handful" of people who were potentially exposed to Ebola through physical contact with the first patient diagnosed with the deadly virus in the United States, the top US public health official said on Wednesday.

Health officials confirmed the first case of the virus in the country on Tuesday, when a man who flew from Liberia to Texas tested positive for Ebola, which has killed more than 3,000 people in three countries in West Africa.

Texas health officials said healthcare workers have tested negative for the virus and there are no other suspected cases in the state. The healthcare workers will be closely monitored for the next 21 days, the time it can take for symptoms of the hemorrhagic fever to appear.

"We have a seven-person team in Dallas today helping to review that with the family and make sure we identify everyone that could have had contact with him," Dr. Thomas Frieden, director of the U.S. Centers for Disease Control and Prevention (CDC), said in an interview with NBC TV's "Today" show.


Officials were looking at family members the patient visited and healthcare providers who helped treat him, which amounted to "a handful" of people, according to Frieden.

The patient was in serious condition, a Texas Health Presbyterian Hospital spokeswoman said on Wednesday. The man was admitted on Sunday, and the hospital did not describe his condition at the time of Tuesday's announcement that he had Ebola.

The patient was evaluated initially last Friday and sent home with antibiotics, a critical missed opportunity that could result in others being exposed to the virus, infectious disease experts said.

Ebola spreads through contact with bodily fluids like blood or saliva, which health experts say limits its potential to infect others, unlike airborne diseases. Still, the long window of time before patients exhibit signs of infection, such as fever, vomiting and diarrhea, means an infected person can travel without detection.

The virus can be fatal. While past outbreaks killed as many as 90 percent of victims, the current outbreak has an average fatality rate of about 50 percent.

The patient in the United States, who was not identified for privacy reasons, arrived in Texas on Sept. 20, and first sought treatment six days later, according to the CDC.

The Liberian government said that the man showed no signs of fever or other symptoms of Ebola when he left Liberia on Sept. 19. A Liberian official said the man traveled through Brussels to the United States.

On Wednesday, officials repeated a call to healthcare workers to be vigilant in screening patients in the United States for possible signs of the virus.

"If you have someone who's been in West Africa in the past 21 days and they've got a fever or other symptoms that might be consistent with Ebola, immediately isolate them, get them tested," Frieden told NBC.

Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Disease, said on CNN that emergency room personnel should get information on patients' travel history if they show possible symptoms, calling it "an enormous red flag."

U.S. health authorities have said every step was being taken to ensure Ebola does not spread widely in the United States and have expressed confidence that it can be contained. Frieden briefed President Barack Obama on Tuesday and they discussed isolation protocols.

"People can be confident here in this country that we have the medical infrastructure in place to prevent the broad spread of Ebola," White House spokesman Josh Earnest said on CNN.

Shares of a number of drugmakers with Ebola treatments in the pipeline rose on Wednesday, and airline stocks and hotel company shares dropped over concerns that worries about Ebola might hurt travel

Some health experts have said that, given the information from the CDC so far, a widespread outbreak in the United States appears unlikely from this single case. They note that doctors, nurses and other healthcare providers routinely use gloves, masks and gowns when examining patients.

Tom Solomon, an emerging infections expert at the University of Liverpool in Britain, said "the chances of it becoming established in America or other Western countries is very small."

Meanwhile, World Bank President Jim Yong Kim, the first public health expert to lead the institution, said fighting Ebola means confronting inequality, as people in poor countries have less access to knowledge and infrastructure for treating the sick and containing it. — Reuters

http://wicmedia.com/viewtopic.php?id=371
Phones › Re: Convert Recharge Card To Money. And Also Convert Money To Airtime Here by Joel3(op): 4:53pm On Oct 01, 2014
its not a force. Only for those who think they need to. Selling back 5k worth of airtime without attracting 20% discount it won't be that easy through sell and share.
Phones › Re: Microsoft Dumps Windows 9, Introduces Windows 10 by Joel3(m): 4:49pm On Oct 01, 2014
trishguy: i cry for u so in your mynd microsoft is a person
shut up. When did you start using internet. You think i dont knw what i am saying.
Phones › Re: Microsoft Dumps Windows 9, Introduces Windows 10 by Joel3(m): 1:49pm On Oct 01, 2014
and do you think microsoft don't know of the pirated copy? Ofcource he knows but keep allowing poor africa and asia to use them with getting free update. When he want to stop it.. He can
Phones › Re: Convert Recharge Card To Money. And Also Convert Money To Airtime Here by Joel3(op): 1:33pm On Oct 01, 2014
darlingnuel: 30% is a huge rip off!
is not. Considering those that live in villages with physical cash where access to bank is not possible to make deposit and also transportation cost.

Here we do all the work for you. While you are at home or office. Only send the airtime and 30% cut off. We do not eat the airtime and the only way to convert it back to cash is to sell it back and in cheap and attracting rate.

We are currently working on this and calculating the interest and you too can see that there is not much to gain. We are still studying it and It will been launch very soon. Just stay put and follow the thread.
Business › Re: First Bank 'First Monie' Mobile Money by Joel3(m): 10:49am On Oct 01, 2014
Joel3: i would like to be running it myself and not third party. Like from the atm. what is the option for it on the atm? And where is the option located on the atm? Is it under quickteller??
Business › Re: First Monies Mobile App Says Internet Connection Unavailable by Joel3(op): 10:32am On Oct 01, 2014
it stated working this morning. smileyit stated working this morning.
Phone/Internet Market › Re: llll by Joel3(m): 12:08am On Oct 01, 2014
hahaha see men when nor de sleep. Anyway happy ind. Where is the bonus
Politics › Re: Breaking News: First US Case Of Ebola Diagnosed by Joel3(m): 11:16pm On Sep 30, 2014
Politics › Re: Breaking News: First US Case Of Ebola Diagnosed by Joel3(m): 10:55pm On Sep 30, 2014
dont they have zmap? Why the fear.
Nairaland General › Re: Nigerian Witches & Wizards Declare – “boko Haram Leader Will Be Captured by Joel3(m): 10:12pm On Sep 30, 2014
...
Celebrities › Re: “we’ll Capture Shekau Alive By December” Witches Declare War On Boko Haram by Joel3(m): 10:11pm On Sep 30, 2014
.
Politics › Re: Witches Declare War On Boko Haram by Joel3(m): 10:10pm On Sep 30, 2014
does it mean witches are winning the way?
Business › First Monies Mobile App Says Internet Connection Unavailable by Joel3(op): 8:26pm On Sep 30, 2014
is anyone mobile app working for firstmonies? Is this still functioning at all?

Nothing is working from the app.

Thanks
Phones › Convert Recharge Card To Money. And Also Convert Money To Airtime Here by Joel3(op):
here we are bringing to you the impossibility that was made possible. Right here you can now make deposit into any bank account or money wallet through MTN, AIRTEL, GLo airtime with our airtime convertor.

Here we offer recharge card convertor that can transfer it into any account of your choice. We charge 20% for conversion charge.

example if you have N1000 worth of air time it will be converted to N800 cash. bank transfer charge will collect N100 so a total of 700 will be credited into the bank account or any mobile wallet.




And also we sell cheap recharge card. At 10% discount. 100 worth of airtime is sold for 90.

You can now buy in bulk and sell through sell and share.

Coming soon.
Business › Convert Recharge Card To Money. And Also Convert Money To Airtime Here by Joel3(op):
here we are bringing to you the impossibility that was made possible. Right here you can now make deposit into any bank account or money wallet through MTN, AIRTEL, GLo airtime with our airtime convertor.

Here we offer recharge card convertor that can transfer it into any account of your choice. We charge 20% for conversion charge.

example if you have N1000 worth of air time it will be converted to N800 cash. bank transfer charge will collect N100 so a total of 700 will be credited into the bank account or any mobile wallet.




And also we sell cheap recharge card. At 10% discount. 100 worth of airtime is sold for 90.

You can now buy in bulk and sell through sell and share.

Coming soon.
Phone/Internet Market › Re: llll by Joel3(m): 7:33pm On Sep 30, 2014
i had never gotting any bonus. so i can get that now.
Webmasters › Re: I Need A Partner For My Social Network by Joel3(m): 3:05pm On Sep 30, 2014
i doubt if you will find anyone from nairaland. I would advice you look at the real world.

If at all you will see any person. You will have to sponser the monthly internet usage.

Like as i said before this online thing is not so easy. If at all it will bloo. It take years. And only 5% really get o the end others pack ways.

Even big company like google with all the resource closing okurt.
Webmasters › Re: Alibaba.com Seeks To Invest In Nigeria, Others by Joel3(op): 2:41pm On Sep 30, 2014
https://s27.postimg.org/ermobesbz/Jack_Ma.jpg
The company credited with the world’s largest Initial Public Offering (IPO), Alibaba.com is looking to compete with the likes of Google and Amazon by making inroads to developing countries with infrastructure deficits including Nigeria says founder and Chairman, Jack Ma.

Speaking to newsmen shortly after the record breaking $25 billion IPO, Jack Ma said because it would be difficult to compete with the likes of
Google and Amazon in the home tuff of the United States, he was looking to expand his business in less organised markets like Nigeria, the Philippines which mirror the physical markets in China.

“That’s the opportunity we could have,” he was quoted as saying by Forbes. “We’re trying to help
Nigerian SMEs sell to the Philippines and the Philippines sell to Pakistan and Pakistan sells to Argentina.

If we can make that happen, that’s
where the money should go.” The Alibaba strategy could be the tonic needed by Nigeria’s SMEs to get on comfortable pedals, which has long been a policy concern in the country.

Forbes magazine hinted that Jack Ma credited much of his success at Alibaba to the small- and medium-sized businesses who buy and sell their goods on his company’s many web properties, but also to the business landscape in China, where
conducting commerce can be an infrastructural nightmare.

“The reason we win in e-commerce in China is because the infrastructure of commerce in China was too bad. Why e-commerce in the U.S. is not
that good is because the infrastructure of commerce was so good, that e-commerce is a
supplement,” he explained.

“In U.S., e-commerce is a dessert. In China, it’s a main course.” Alibaba’s planned inroads into Nigeria, which is part of the Chinese company’s plans to reach 6.5 billion people, could shake up the local industry
currently dominated by the likes of Jumia, Konga and OLX, forcing them to play fringe roles.

Alibaba, an e-commerce company had a record shattering IPO last week, which raised $25 billion,
upstaging Agricultural bank of China’s 2010 offering which raised $22.1 billion in its debut on the Hong Kong Stock Exchange.

The amount raised, says Wired.com makes the company worth more than Amazon, Facebook, IBM and Intel As of midday on Friday, September
19.

On its first day as a publicly traded company on the New York Stock Exchange, shares in the Chinese e-commerce giant shot up by nearly one-third above their initial asking price. The surge put the value of the company at around $228 billion.

The only U.S. tech companies worth more by market cap are Apple ($609 billion), Google ($400 billion), and Microsoft ($387 billion). Ma also said he plans to reinvest the $3 billion he
set aside from the IPO for philanthropy in environmental and educational projects in China to “help those who want to be successful.”

He said that if he, who once made $20 a month, taught himself English, and started Alibaba out of his home, could be successful in China, then anyone could be.

“I never had one day of education in the United States,” Ma proudly boasted. “I’m 100 percent made in China.” Alibaba began trading last Friday on the New York Stock Exchange, with shares opening up at more than 35 percent above the $68 IPO price.

On Monday, shares have fallen below the $90 mark, down more than 4 percent in intraday trading.

Credit Suisse, Deutsche Bank , Goldman Sachs, J.P. Morgan , Morgan Stanley and Citigroup acted as
joint book runners for the offering.



www.wicmedia.com/viewtopic.php?pid=398#p398
Webmasters › Alibaba.com Seeks To Invest In Nigeria, Others by Joel3(op): 2:39pm On Sep 30, 2014
tongue
Business › Alibaba.com (jack Ma) Seeks To Invest In Nigeria, Others by Joel3(op): 12:42pm On Sep 30, 2014
https://s27.postimg.org/ermobesbz/Jack_Ma.jpg
The company credited with the world’s largest Initial Public Offering (IPO), Alibaba.com is looking to compete with the likes of Google and Amazon by making inroads to developing countries with infrastructure deficits including Nigeria says founder and Chairman, Jack Ma.

Speaking to newsmen shortly after the record breaking $25 billion IPO, Jack Ma said because it would be difficult to compete with the likes of
Google and Amazon in the home tuff of the United States, he was looking to expand his business in less organised markets like Nigeria, the Philippines which mirror the physical markets in China.

“That’s the opportunity we could have,” he was quoted as saying by Forbes. “We’re trying to help
Nigerian SMEs sell to the Philippines and the Philippines sell to Pakistan and Pakistan sells to Argentina.

If we can make that happen, that’s
where the money should go.” The Alibaba strategy could be the tonic needed by Nigeria’s SMEs to get on comfortable pedals, which has long been a policy concern in the country.

Forbes magazine hinted that Jack Ma credited much of his success at Alibaba to the small- and medium-sized businesses who buy and sell their goods on his company’s many web properties, but also to the business landscape in China, where
conducting commerce can be an infrastructural nightmare.

“The reason we win in e-commerce in China is because the infrastructure of commerce in China was too bad. Why e-commerce in the U.S. is not
that good is because the infrastructure of commerce was so good, that e-commerce is a
supplement,” he explained.

“In U.S., e-commerce is a dessert. In China, it’s a main course.” Alibaba’s planned inroads into Nigeria, which is part of the Chinese company’s plans to reach 6.5 billion people, could shake up the local industry
currently dominated by the likes of Jumia, Konga and OLX, forcing them to play fringe roles.

Alibaba, an e-commerce company had a record shattering IPO last week, which raised $25 billion,
upstaging Agricultural bank of China’s 2010 offering which raised $22.1 billion in its debut on the Hong Kong Stock Exchange.

The amount raised, says Wired.com makes the company worth more than Amazon, Facebook, IBM and Intel As of midday on Friday, September
19.

On its first day as a publicly traded company on the New York Stock Exchange, shares in the Chinese e-commerce giant shot up by nearly one-third above their initial asking price. The surge put the value of the company at around $228 billion.

The only U.S. tech companies worth more by market cap are Apple ($609 billion), Google ($400 billion), and Microsoft ($387 billion). Ma also said he plans to reinvest the $3 billion he
set aside from the IPO for philanthropy in environmental and educational projects in China to “help those who want to be successful.”

He said that if he, who once made $20 a month, taught himself English, and started Alibaba out of his home, could be successful in China, then anyone could be.

“I never had one day of education in the United States,” Ma proudly boasted. “I’m 100 percent made in China.” Alibaba began trading last Friday on the New York Stock Exchange, with shares opening up at more than 35 percent above the $68 IPO price.

On Monday, shares have fallen below the $90 mark, down more than 4 percent in intraday trading.

Credit Suisse, Deutsche Bank , Goldman Sachs, J.P. Morgan , Morgan Stanley and Citigroup acted as
joint book runners for the offering.



www.wicmedia.com/viewtopic.php?pid=398#p398

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