ALIBABA'S shares were priced at $68 on September 18th, giving China's e-commerce behemoth a market capitalisation of $168 billion as it started trading on New York's Stock Exchange. The flotation will raise $21.8 billion, narrowly missing the record
Shares in Alibaba are like a new high-end sports car, where all anyone can talk about is how fast it goes, how good it looks, and how they wish they could take it for a little spin. At some point soon, however, the topic will change from the cool new
Way back in August 2005, Yahoo had officially decided to invest $1 billion in Alibaba in exchange for about 40% stake in the company. The celebration of that announcement took place in the China World Hotel in Beijing, but
Yahoo investors have waited years for Alibaba's IPO, expecting the public value of the Chinese e-commerce giant's stock that Yahoo owns might send Yahoo's stock into the stratosphere. Alas. In the early hours following
The Chinese internet giant Alibaba finally went public Friday, raising $21.8 billion in what was the largest tech IPO of all time. Following his company's historic IPO, Alibaba CEO Jack Ma went on air with the crew at CNBC's