Showing posts with label alibaba IPO. Show all posts
Sunday, 28 September 2014
Alibaba pays $459 million for stake in Chinese hotel tech company
(Reuters) - Alibaba Group Holding Ltd, in its first big investment since raising $25 billion in a record-breaking New York initial public offering, has bought 15 percent of Chinese hospitality technology provider Beijing Shiji Information Technology Co Ltd for 2.81 billion yuan...
Read moreMonday, 22 September 2014
Alibaba IPO ranks as world's biggest after additional shares sold
(Reuters) - Alibaba's initial public offering now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares.
The fees are equivalent to 1.2 percent...
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