we have robin lundberg here.nd the chinese ipo alibaba debuting today making its founder the latest billionaire. trading under the name of baba, the largest ipo by market ever. joline kant had a very busy day on the trading floor and she has our report. reporter: it was a historic day, the biggest ever ipo started trading this morning and it talked 38% at the closing bell. it had a 68-dollar listing price as of last night. chairman and cofounder, jack ma, very interesting man who used to be a teacher and became a billionaire and today a billion billionaire. we asked him about the takeover. >> whenever you have companies like facebook, ebay, google, there are so many innovations. what i want to say here is that when you come here, you come to learn and help small business and they are probably interested in the new technology which we focused on. reporter: if you look at the 30%, it's been just massive, compared to the average company, they have only seen a 14% of the top. a good day for alibaba. the chinese gover