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MarketFoolery

MarketFoolery: 03.18.2014

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 18 March 2014

⏱️ 19 minutes

🧾️ Download transcript

Summary

On today’s show the guys discuss Amazon’s home invasion, Alibaba’s IPO prospects, and what Wal-Mart’s intrusion into GameStop’s turf means for the videogame company.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Tuesday, March 18th.

0:04.0

Welcome to Market Foolery.

0:05.0

I'm Mark Wreath and joining me in studio from Fool 1,

0:08.0

Jason Moser, and for a million dollar portfolio, Mike Olson,

0:11.0

gentlemen, how's the recovery from St. Patty's Day going?

0:14.0

It's the recovery from the snow.

0:16.0

I was going to say, I'm a bit more recovering from shoveling snow yesterday, but St.

0:20.0

Patty's it was nice.

0:21.0

That sounds about right.

0:22.0

We did have yet another snow day here yesterday which meant no show and that means we've got plenty to chat about including the excitement over Amazon's new device and Walmart taking over GameStop's turf.

0:33.0

But we begin with a look at Alibaba and please don't start seeing anything from

0:38.0

from Aladdin, as we were earlier.

0:40.0

Alibaba, the Chinese e-commerce giant, has announced it'll hold its IPO here in the U.S.

0:45.3

and will release more details a week from today.

0:47.9

Now to give you guys an idea of the importance of this announcement, according to Reuters,

0:52.0

Alibaba's platform handles more goods than eBay and Amazon

0:56.3

combined that's a lot of stuff you guys excited about this IPO so I mean I think

1:01.9

this is interesting for the fact that this is arguably this idea

1:03.0

I mean I think this is interesting for the fact that this is arguably one of the world's great

1:06.0

businesses coming public they're basically a much larger version of Amazon and

1:11.0

eBay you know in the e-commerce world, there are two things that matter,

1:14.3

scale and strength of networks.

...

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