Arab Today, arab today chinas ecommerce alibaba plans record 24bn stock debut
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

China's e-commerce Alibaba plans record $24bn stock debut

Arab Today, arab today

Arab Today, arab today China's e-commerce Alibaba plans record $24bn stock debut

Chinese e-commerce giant Alibaba building
Washington - SPA

Chinese e-commerce giant Alibaba is planning a record 24.3-billion-dollar debut on the US stock market, according to a posting from the Securities Exchange Commission on Friday, according to dpa.
The company, which aims to rival Amazon.com and eBay for global sales, plans to offer 320 million shares sometime this month at a price between 60 and 66 dollars.
Since it will be offering only a part of its company in the stock
sale, those initial public offering (IPO) prices would give the company a total market value of 163 billion dollars.
In comparison, Apple is the highest valued company in the world at 592 billion dollars.
Alibaba's initial IPO, even at the lower share price, would edge out Visa Incorporated's 19.65-billion-dollar IPO as the largest in US history, according to Bloomberg financial news agency.
Alibaba has aleady started recruiting vendors for its 11Main.com -
its planned US-based shopping portal. Alibaba currently serves the US market through its global portal Alibaba.com.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinas ecommerce alibaba plans record 24bn stock debut Arab Today, arab today chinas ecommerce alibaba plans record 24bn stock debut

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinas ecommerce alibaba plans record 24bn stock debut Arab Today, arab today chinas ecommerce alibaba plans record 24bn stock debut

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday