up, serge ibaka's debut, making it one of china's --t valuable tech companies surged on its debut, makinghina's most valuable tech companies. >> it is growing super fast. we have new initiatives because we believe we are going to build commerce platform. i think we will become a more mature business. caroline: he has seen his wealth billion after the ipo. unprofitable company yet it reaps rewards. revenue in the past year grew about 90%. losses also tripled. in 2017, they had $2.9 billion of losses. saying, you have to think of this as an amazon. you have to be patient. >> what about competition? there seems to be a bit of a between meituan and alibaba. yes, because alibaba is in the food delivery service as is trying to do everything. reviews,very, food hotel booking, ridesharing. it is a busy market. >> all of these companies do everything. they are probably going to app, payment service. shery: it is a huge market. even just the food delivery $1.3t in china is worth trillion. there is a piece of the pie for everyone out there. said, because this is a chinese tech company, they won't be