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.
