THE BIGGEST: Alibaba raised $21.8 billion in its debut, making it the biggest U.S.-listed IPO in history after the IPO of credit card processing company Visa in 2008. If Alibaba's investment banks were to exercise their option to sell an additional 48
THE BIGGEST: Alibaba raised $21.8 billion in its debut, making it the biggest U.S.-listed IPO in history after the IPO of credit card processing company Visa in 2008. If Alibaba's investment banks were to exercise their option to sell an additional 48
THE BIGGEST: Alibaba raised $21.8 billion in its debut, making it the biggest U.S.-listed IPO in history after the IPO of credit card processing company Visa in 2008. If Alibaba's investment banks were to exercise their option to sell an additional 48
Valuation king says don't buy Alibaba. Despite a fairly valued IPO, Aswath Damodaran, NYU professor of finance, explains why investors should not buy the hype of Alibaba.
HANGZHOU, China—Tony Miao is one of a number of residents of Alibaba Group Holding Ltd.'s hometown who is watching with personal interest the debut of the world's largest initial public offering. Mr. Miao's wife is an employee of the Hangzhou-based