Alibaba's record-breaking IPO

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The highly anticipated initial public offering of electronic commerce conglomerate Alibaba made a huge splash Friday on the New York Stock Exchange, and that trend continued Monday, as the company's value reached $25 billion dollars. 

Bankers gave Alibaba an extra boost by purchasing additional 48 million American shares at $68, giving the company the largest IPO in history.

Not too bad, considering owner Jack Ma, a former English teacher, started the company in his apartment in 1999.  

Now that the company is public, Alibaba has the potential to surpass retail giants like Walmart, Amazon.com and Ebay.

I sat down with Melissah Yang, technology reporter for the Los Angeles Business Journal, to discuss Alibaba's rise, who purchased stakes in it and what the historic IPO means for the technology world.