Search Results for: Alibaba
Alibaba’s share price reaches record high
October 29th, 2014
Shares in Alibaba soared to a record high of $100.45 today, valuing the Chinese etail giant at more than $247bn (£152bn), taking it above US rival Wal-Mart for the first time. Alibaba’s share price rose 2.8 per cent during ...
Alibaba IPO shows why lawyers matter
September 29th, 2014
Following the record-setting IPO of Alibaba, Jack Ma is now a global business icon. In China he has been a business titan for a much longer period of time. When the appointed date arrived, Ma was incensed to learn ...
Alibaba’s IPO biggest ever globally and issues more shares
September 22nd, 2014
Alibaba Group Holding Ltd’s (BABA.N) initial public offering now ranks as the world’s biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares. Overwhelming demand saw the IPO initially raise $21.8 ...
Alibaba prices IPO at $68 a share ahead of New York stock flotation
September 19th, 2014
Early investors in Chinese online giant Alibaba are set to sell $8bn worth of shares Friday morning, escaping the “lockup” that usually requires them to hold their shares for several months. The disclosure, first reported by the Wall Street ...
Alibaba raises IPO as demand strengthens
September 16th, 2014
Alibaba Group Holdings has raised its initial public offering to $66 to $68, demonstrating the high demand from investors for the year’s most anticipated debut and potentially the world’s largest-ever IPO. Alibaba has attracted investors willing to buy into ...
Alibaba IPO signals global ambitions
September 12th, 2014
It was a scene straight out of Silicon Valley — only it took place across the Pacific. In 1999, Jack Ma gathered his wife and 17 friends in his small apartment in China’s eastern city of Hangzhou, about 100 ...
Investors are sizing up the value of Alibaba IPO
September 11th, 2014
he New York debut of Alibaba shares later this month will likely place the company among the 10 most valuable technology firms traded in the U.S. Whether China’s No. 1 e-commerce firm lands in the top five will depend ...
Jack Ma, ‘capital-lite’ model impress at Alibaba’s Boston IPO event
September 10th, 2014
Alibaba Group Holding Ltd has two major things going for it as it prepares for an initial public offering that could raise more than $21 billion: founder Jack Ma and a “capital-lite” business model. While corporate governance remains a ...
Legal fees for Alibaba IPO top $15.8m, beating Facebook
September 8th, 2014
Law firms advising on the $21bn mega IPO of Chinese e-commerce giant Alibaba are to split $15.8m in legal fees, as the Hangzhou-based company prepares to list on the New York Stock Exchange later this month. Legal Week first ...
Alibaba announces share sale details
September 8th, 2014
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) stock, which would make it ...