Alibaba Holdings, the e-commerce giant debuted on the New York Stock Exchange Sep 19 under the ticker sign BABA and has raised a record $21 billion in its Initial Public Offering (IPO). The company sold 100 million shares in the first 20 minutes of trading.
Alibaba Group, the Chinese online business giant, announced in a new filing with the Securities and Exchange Commission Monday that it has raised the price range of its Initial Public Offering (IPO) to $66 - $68.
Demand for the much-awaited Initial Public Offering (IPO) of Alibaba Group Holdings, the Chinese e-commerce and web giant, is already shooting through the roof and in just two days of investor meetings, the company has received enough orders to cover its entire IPO.
09 Aug '24 16:35PM
