Alibaba (BABA) IPO is Tomorrow

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:

Stealing the show: What exactly does Chinese online giant #Alibaba do?
http://t.co/13Vpfnc6EG pic.twitter.com/DVEGD7aWyq— BBC News Graphics (@BBCNewsGraphics) September 18, 2014

Here’s how Alibaba matches up to Facebook http://t.co/svCyOB2d6C pic.twitter.com/NFCbmxvHOc— Money.com (@MONEY) September 18, 2014

Sequoia’s Moritz: Alibaba IPO Signals New Internet Era. “the whole global online chess board is being rearranged” http://t.co/6uq4dgB0MK— Spencer Ante (@Spencerante) September 18, 2014

Alibaba’s IPO gives insiders a rare chance to sell early http://t.co/tVQAI66F8T— Wall Street Journal (@WSJ) September 18, 2014

The world’s top Internet firms, by market cap:
1. Google
2. Facebook
3. Alibaba
http://t.co/eBBeQYWkSF pic.twitter.com/3LbizrVcqx— Wall Street Journal (@WSJ) September 18, 2014

VIDEO: What will New York make of Alibaba? http://t.co/FfHxTJ1GN9— BBC Business (@BBCBusiness) September 18, 2014