WSJ.com: US Business
Alibaba Targets Record Debut
Updated Sept. 5, 2014 7:47 p.m. ET
Alibaba Group Holding Ltd. unveiled plans for an initial public offering that values the company at $155 billion, which would instantly make it one of the largest listed in the U.S. and mark one of the biggest stock-market debuts ever.
The Chinese e-commerce company, in papers filed Friday, valued itself just below rival Amazon.com Inc.'s $160 billion market capitalization. However, Alibaba's worth could rise in the days ahead as the company officially introduces itself to investors in a process known as a roadshow, set...
0 comments:
Post a Comment