[Lab] Alibaba

[Henri K]

As predicted. That speaks volumes… Anybody get any shares? Let’s see 5 years from now. 


Henri Kuschkowitz

On September 18, 2014 at 6:35:00 PM, Richard Sloan (rsloan at themindfactory.com) wrote:

For those of you who use Alibaba and Aliepress (one in the same) here is an interesting tidbit...

R>

CUT/PASTE

Alibaba, the Chinese e-commerce giant, secured its place in history as the largest U.S.-listed initial public offering of all time.

Demand was strong for the mega IPO, which priced at $68 per share. At that price, the IPO raised $21.8 billion, the largest ever for a company listed on an American exchange.

Including the shares that underwriters have the option to purchase, Alibaba's IPO would raise $25 billion -- the biggest haul on record in the world.
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