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| VIEW EVENT INFORMATION: Alibaba |
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Alibaba.com Shares Trade At 160%+190%+ Premium In First Days Trading |
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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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| The IPO of Alibaba.com hit the Hong Kong Stock Exchange Tuesday (local time) with a big increase over its initial offering price.
Alibaba.com is a spinoff from the Alibaba Group, the company that owns Alipay, Taobao.com and Yahoo China and is 40% owned by Yahoo.
Applications for shares in the IPO were 256x the amount of stock available, 858.9 million shares or 17% of the company. The IPO price… |
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