Showing posts with label alibaba IPO. Show all posts

Sunday, 28 September 2014

Alibaba pays $459 million for stake in Chinese hotel tech company

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(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...
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Monday, 22 September 2014

Alibaba IPO ranks as world's biggest after additional shares sold

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(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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