Alibaba IPO May Be Largest Ever in the U.S.
Alibaba Group Holding Ltd., the e-commerce company whose fortunes surged along with China’s economy, plans to sell 320.1 million American depositary shares for $60 to $66 apiece. The IPO could raise as much as $21.1 billion, according to a regulatory filing, making it the largest ever in the U.S.
UPDATED SEPT. 6, 2014
Pricing the Alibaba IPO
Alibaba is seeking a valuation of as much as $162.7 billion as it enters the final stages of an initial public offering that could exceed Visa’s $19.7 billion IPO in 2008.
Source: Bloomberg data
GRAPHIC: LESLIE PICKER / BLOOMBERG NEWS & DAVID INGOLD / BLOOMBERG VISUAL DATA