L
LequteMan
Guest
China's biggest e-commerce firm Alibaba Group Holding says it expects to price its initial public offering (IPO) at between $60 and $66 per a share.
It has filed to sell up to $24.3bn (£15bn) in stock, in what will be the biggest technology listing in the US.
Facebook's IPO, which raised $16bn in 2012, was the previous biggest share sale for an internet company.
Alibaba accounts for 80% of all online retail sales in China. Its sites also include Taobao, Tmall, and AliExpress.
click here to read more
Source: BBC
#Alibaba #Facebook
It has filed to sell up to $24.3bn (£15bn) in stock, in what will be the biggest technology listing in the US.
Facebook's IPO, which raised $16bn in 2012, was the previous biggest share sale for an internet company.
Alibaba accounts for 80% of all online retail sales in China. Its sites also include Taobao, Tmall, and AliExpress.
click here to read more
Source: BBC
#Alibaba #Facebook
