Alibaba Group's initial public offering on the New York Stock Exchange on September 19, 2014, raised 25 billion dollars, making it the largest IPO in history at the time and valuing the Chinese e-commerce giant founded by Jack Ma at roughly 231 billion dollars. The listing marked one of the largest U.S. stock market debuts by a foreign company and cemented Alibaba's status as a dominant global technology and retail platform.
Facts
Event TypeInitial public offering 1 Cross-Tradition Connections
Associated With
The Alibaba September 2014 initial public offering, then the largest in history at 25 billion dollars, is a finance-practice case study in cross-border listing structure and IPO valuation.
Sources
1. Wikipedia, Alibaba Group IPO
WikipediaHistory section, IPO paragraphQuote, History section, IPO paragraph
On 19 September 2014, Alibaba's American initial public offering (IPO) on the New York Stock Exchange raised US$25 billion, giving the company a market value of US$231 billion and, by far, then the largest IPO in world history.
1. Wikipedia, Alibaba Group IPO
1. Wikipedia, Alibaba Group IPO
1. Wikipedia, Alibaba Group IPO
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