NEW YORK: The highly anticipated debut of Alibaba Group Holding Ltd, the Chinese e-commerce group, will come amid the busiest year for initial public offerings since the technology bubble burst in 2000.
Alibaba's IPO, which could come as soon as Sept 19, could raise more than US$21bil and claim Facebook Inc's title of biggest tech IPO. It will usher in a fall season when plenty of new names sell shares for the first time in the US market.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!