BIG LISTING: Alibaba gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an initial public offering prospectus filed on Tuesday, the first step in what could be the largest technology debut in history. — Reuters
SAN FRANCISCO: Alibaba gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an initial public offering prospectus filed on Tuesday, the first step in what could be the largest technology debut in history.
Alibaba Group Holding Ltd, which powers 80% of all online commerce conducted in the world's second-largest economy, is expected to raise more than US$15bil (RM48.73bil), potentially surpassing the US$16bil (RM51.96bil) that Facebook Inc raised when it went public in 2012.
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