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Alibaba IPO to Raise Record-Breaking $21.8 Billion
Posted
September 18, 2014
Views
4,962
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7
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September 18, 2014
4,962
7
5
0.24%
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0:59Now PlayingSept. 18 (Bloomberg) –- Chinese e-commerce company Alibaba is said to have raised $21.8 billion in a U.S. initial public offering. The company and shareholders including Yahoo sold 320.1 million shares for $68 each. Bloomberg’s Julie Hyman reports on “Taking Stock.” (Source: Bloomberg)
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