Friday, September 19, 2014

Alibaba shares priced at US$68, making it the largest US IPO

The Chinese e-commerce giant is looking at an Initial Public Offering of US$21.8 billion, which could even rise to US$25 billion Alibaba, the mega Chinese e-commerce player, priced its shares on Thursday at US$68 for its Initial Public Offering (IPO) opening on Friday. This is at the higher end of the company’s expected range of...



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