JT Singh
China’s investment in infrastructure is exactly what made Alibaba’s IPO possible
Quartz | By JT Singh and Parag Khanna Alibaba’s recent IPO and early market capitalization of $230 billion brought repeated reminders that its value has catapulted ahead of that of Amazon. and eBay combined. What has allowed the Chinese e-commerce giant to grow so massively is the confluence of urbanization, infrastructure investment and digital connectivity, together providing the foundation for an efficient network across hundreds of first-, second- and third-tier cities. O