Yahoo co-founder Jerry Yang at the 2008 Consumer Electronics Show in Las Vegas. Yahoo will gain nearly $8 billion from the Alibaba IPO because of its $1 billion investment in Alibaba 2005. Paul Sakuma/AP hide caption

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Alibaba founder and CEO Jack Ma has much to laugh about. Shares in the company opened Friday at $92.70 on the New York Stock Exchange. The company is now valued at more than $200 billion — that's bigger that Amazon and Facebook. Mark Lennihan/AP hide caption

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Handsome Zhang — that's his real name in Mandarin --€“ runs a shipping company, one of many supporting businesses spawned by East Wind village's furniture industry. The shipping business helped Zhang, 25, buy this Kia sports car. Frank Langfitt/NPR hide caption

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Jack Ma speaks in Hangzhou, China, on May 10, 2013. Ma shot to fame as the founder of Alibaba, the pioneering Chinese e-commerce site that's poised to be one of the biggest tech IPOs ever when it goes public in New York. Peter Parks/AFP/Getty Images hide caption

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Alibaba Group chairman Jack Ma delivers a speech during the Softbank World 2014 annual forum in Tokyo in July. Alibaba is preparing for a multi-billion-dollar stock offer on the New York Stock Exchange. Yoshikazu Tsuno/AFP/Getty Images hide caption

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