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Finally it is here. The Alibaba IPO shares will be priced today and start trading tomorrow.
Chinese Alibaba is going to sell shares worth $22 billion starting tomorrow. The shares of the Alibaba iPO are supposed to be priced today after the market closes says a new Reuters report.
Alibaba is set to start trading tomorrow under the symbol BABA on the New York Stock Exchange. Alibaba has raised the share price target recently due to demand. It is expected that shares will be priced between $66 and $68.
Jack Ma built an extremely impressive online imperium that handles more transaction than Amazon and eBay combined.
Below the most interesting tidbits about the Alibaba IPO:
— cdnbiz 32 weeks 5 days ago.
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