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 … Read more
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 … Read more
They lined up hundreds deep at the Waldorf-Astoria hotel in New York earlier this month to hear Alibaba's executive chairman, Jack Ma, promote the Chinese Internet retailer's initial public offering. “It was a zoo,” said Vincent Rivers, senior BEIJING – You might be millionaires, but please spend wisely. In recent months, as the IPO of … Read more
How do you name a global conglomerate? Internet entrepreneur Jack Ma was in a San Francisco coffee shop one day when he pulled his waitress over to ask what she knew about Ali Baba. "Open Sesame," she responded. Encouraged, Ma took to the streets The e-commerce behemoth Alibaba filed in the United States to sell … Read more
Updated, 9:04 p.m. | The Chinese e-commerce behemoth Alibaba Group filed paperwork on Tuesday in the United States to sell stock to the public for the first time, in an embrace of the global capital markets that represents a coming-of-age for China's The local leading the charge was Jack Ma, a school teacher who founded … Read more
Alibaba's vision for the world's largest consumer market has been the subject of intense industry speculation. Silicon Valley insiders who have held discussions with the company, which handles more online transactions than Amazon and eBay combined, say "If Alibaba buys its way into the U.S. economy, which they ought to be able to do, they … Read more
Updated, 9:04 p.m. | The Chinese e-commerce behemoth Alibaba Group filed paperwork on Tuesday in the United States to sell stock to the public for the first time, in an embrace of the global capital markets that represents a coming-of-age for China's Asia's tech companies still have a reputation in the West for being copycats. … Read more
The e-commerce behemoth Alibaba filed in the United States to sell stock to the public for the first time, in an embrace of the global capital markets that represents a coming-of-age for the booming Chinese Internet industry. The recent big tech IPOs of companies like Facebook, Twitter and Tesla could all soon be dwarfed by … Read more
Chinese e-commerce company Alibaba Group filed plans to offer its shares in the U.S. Tuesday, valuing itself at more than $100 billion. WSJ's Rolfe Winkler reports. (Photo: Getty Images). Alibaba Group Holding Ltd. on Tuesday disclosed long-awaited No matter which way you slice it, Alibaba, the Chinese e-commerce company, is big. Here is a look … Read more
What is Alibaba? What is Alibaba? It is China's — and by some measures, the world's — biggest online commerce company. (via). 05 / 05 / 2014; 0. made me look · vintage Alibaba's two primary engines of revenue growth are its popular Taobao Marketplace and Tmall e-commerce sites. Taobao is a sprawling marketplace with … Read more