19/9/2014 11:50
RIA Novosti

Business

Alibaba Group Holding Ltd., a Chinese e-commerce company, has sold 320.1 million shares for $68 each, raising a record $21.8 billion in a US initial public offering

China’s Alibaba E-Commerce Company to Raise $21.8 Billion in Record US IPO: Reports

11:05   19/09/2014  

Alibaba Group Holding Ltd. (BABA), a Chinese e-commerce company, has sold 320.1 million shares for $68 each, raising a record $21.8 billion in a US initial public offering (IPO), Bloomberg reported Friday.

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