Wednesday - May 24, 2017

Posts Tagged: alibaba

Alibaba shakes up the world as their IPO reaches a record figure of $25 billion

Alibaba shakes up the world as their IPO reaches a record figure of $25 billion

The NYSE knew that they would do well but no one could have imagined how well- with Alibaba now having shattered the record for world’s largest-ever stock market flotation, with bankers handling the flotation on behalf of the Chinese e-commerce superpower had no option but to place more shares on the market to satisfy the

Alibaba expected to raise around $26 Billion in their forthcoming IPO

Alibaba expected to raise around $26 Billion in their forthcoming IPO

As the Alibaba Group’s, owned by Hangzhou-based super entrepreneur Jack Ma, upcoming listing draws inexorably closer, considerable confusion is now reading amongst the many analysts and brokerages covering the IPO as to how much the Chinese e-commerce might actually be worth. The latest, coming from Morningstar Inc., an investment research firm based in Chicago, Illinois,