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VIEW EVENT INFORMATION: Alibaba |
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Alibaba.com To Raise $1.3 Billion From IPO |
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About the organization Alibaba: Type: Business Sub-Types: Website, Advertising Agent, Retailing Agent, Computer Software, Search Engine, E-Commerce |
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Notable Organizations: Alibaba, Techcrunch |
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Chinese ecommerce company Alibaba.com is looking to raise HK$10.3 billion ($1.3 billion) from its IPO according to documents released to potential investors today.
Alibaba.com Ltd. and Alibaba.com Corp. will sell a combined 858.9 million shares (17%) in Alibaba.com at HK$10 to HK$12 apiece, with Yahoo, currently a 40% share holder in the Alibaba Group buying HK$776 million of the IPO… |
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