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|CARACAS Daniel Torres Colombia Jersey , March 13 (Xinhua) -- Venezuelan BMX cyclist and world champion, Stefany Hernandez, finished first in the C1 category of World Cup taking place in Manchester's National Cycling Center on Sunday.
With this triumph, Hernandez has accumulated eight victories out of the 10 tracks included in the International Cycling Union's (UCI) C1 category that leads to the Rio Olympic Games.
The win gained the Venezuelan cyclist 50 points in the world ranking. She was joined on the podium by Russia's Natalia Suvurova and Judy Baauw from the Netherlands.
On July 25, 2015 Cristian Zapata Colombia Jersey , Hernandez became the BMX world champion in Zolder, Belgium. Upon winning this title, Hernandez became the first female BMX world champion from Venezuela.
In the UCI's world ranking, updated at the end of 2015, Hernandez was in second place with 1 Cristian Bonilla Colombia Jersey ,615 points while Colombian Mariana Pajon was in first place with 1,620 points.
In 2016, the cyclist will compete in five World Cups and the BMX World Championship before embarking on her journey to Brazil where Hernandez hopes to achieve her biggest dream of winning a gold medal for Venezuela.
The Venezuelan cyclist will next compete in the World Cup in Santiago del Estero, Argentina. Before this, she will visit Rio de Janeiro to carry out a series of tests at the Olympic BMX Center.
The top three ranked countries by May 30 will all receive two passes to the Olympics in August.
Alibaba Group Holding Ltd founder Jack Ma on Monday surprised potential investors at a standing-room only event in New York by addressing governance concerns over the Chinese e-commerce giant Carlos Valderrama Colombia Jersey , including a controversial 2010 spin-off of its online payment service.
Ma made the remarks at a luncheon at the Waldorf Astoria hotel in New York in front of hundreds of hedge funds, mutual funds and other institutional investors, as the company kicked off a two-week, multi-city marketing blitz for its initial public offering.
Ma addresses investors at a luncheon at the Waldorf Astoria hotel in New York Ma addresses investors at a luncheon at the Waldorf Astoria hotel in New York Ma addresses investors at a luncheon at the Waldorf Astoria hotel in New York Ma addresses investors at a luncheon at the Waldorf Astoria hotel in New York
Alibaba was expecting about 500 investors to attend the first stop on the roadshow, but some 800 showed up Carlos Sanchez Moreno Colombia Jersey , forcing some into overflow rooms.
Alibaba is seeking to raise more than $21 billion in the largest-ever U.S. technology IPO, valuing the company at up to $163 billion. It expects to price the IPO at $60 to $66 per American Depositary Share, which are scheduled to start trading on the New York Stock Exchange later this month.
Industry analysts had expected Alibaba to try for a valuation in excess of $200 billion, ranking it among the 20 largest publicly traded companies in the United States. The marketing effort, which will take Alibaba on a globe-trotting tour Carlos Bacca Colombia Jersey , will help determine whether the company will price above its initial range and come closer to that valuation.
Several investors who spoke with Reuters before and after the event said they went into the presentation with a series of questions about Alibaba, ranging from concerns about its corporate governance and transparency, to plans for U.S. acquisitions and growth. They said they did not learn anything new during the lunch - of boxed turkey sandwiches - but came away feeling the event was well-choreographed.
Akram Yosri, a managing partner at 3iCapital Group, said he had hoped to find out more about how the company planned to grow globally Blank Colombia Jersey , and particularly how it plans to compete with Amazon Inc (AMZN.O) and eBay Inc (EBAY.O) in the United States.
"Did I learn anything? Absolutely not," he said.
But Yosri and other investors said they found Ma to be impressive, with some describing the former English teacher who founded the company in his apartment as "charismatic". In his 10-minute remarks, Ma emphasized how the company serves small businesses in China and addressed issues of governance, investors said.
Alibaba accounts for about 80 percent of all online retail sales in China Andres Felipe Roa Colombia Jersey , where rising Internet usage and an expanding middle class helped the company generate gross merchandise volume of $296 billion in the 12 months ended June 30. Revenue in the June quarter increased 46 percent to $2.54 billion from a year earlier, faster than the 38.7 percent growth in the previous quarter.
But the company has seen its share of controversy, in particular over governance and the outsized influence of its founder and senior managers. Ma holds deep sway over executive and board appointments at the company, an influence that is set to strengthen further after it goes public.
In 2010, a decision to spin off Alipay to a company Ma controlled also led to objections from major investors Andres Escobar Colombia Jersey , including Yahoo Inc (YHOO.O) and SoftBank Corp (9984.T).
Ma surprised investors at the event by talking about the move unprompted.
"Ma said it was a tough decision and time will prove it was a good one," one investor at the luncheon said, referring to the Alipay decision. Two other investors who had flown from Toronto to attend the roadshow said they understood Ma’s comments to mean, "'Trust me on this one.'"
An Alibaba spokesman declined comment.
Alibaba has been billed as one of the hottest IPOs of the year, eliciting the kind of anticipation among investors that was last seen in 2012 when Facebook Inc (FB.O) went public in a $16 billion offering.
Alibaba's draw was evident on Monday. Investors waited on long lines for elevators Customized Colombia Soccer Jerseys , making some fret about being able to make it to the venue on time and other hotel guests wondering about the cause of the commotion. Among the investors attending the event was Mario Gabelli, CEO of Gabelli Asset Management.
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