Alibaba Group IPO Aims To Rank Among Biggest Techs

By | May 6, 2014

Scalper1 News

Alibaba Group filed its long-awaited initial public offering late Tuesday, setting the stage for what is expected to be the big gest U.S. listing since Facebook’s. China’s Alibaba said in its IPO prospectus that it is the world’s largest online and mobile commerce company “in terms of gross merchandise volume in 2013,” citing industry sources. The prospectus listed the offering at $1 billion, though that is just a placeholder Scalper1 News

Scalper1 News