Wednesday, 7 May 2014

Monster Alibaba Comes From China To NASDAQ For A Big Tech IPO Challenge!


Alibaba's headquarters on the outskirts of Hangzhou, Zhejiang province - Photo Credit: Reuters/Chance Chan

Alibaba Group Holding Ltd, the Chinese monster e-commerce company has applied for an initial public offering (IPO)to float its shares on the U.S. stock market - if the IPO takes place, it can turn out to be one of the largest offerings made in the tech industry in history. The shares will be traded either on NASDAQ or NYSE. You can read the Reuters full report here

1 comment:

Peter Mathers said...

The company hasn't filed any paperwork with the SEC yet. But it has hired an American law firm, Neil Gough of the New York Times Dealbook reports. by Peter Mathers

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