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04-25-2014, 08:31 PM
Alibaba's IPO Could Be the Biggest Ever, Report Says
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Chinese e-commerce giant Alibaba (http://mashable.com/category/alibaba/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) is considering offering more shares in its IPO, a move that could make its initial public offering the largest ever, according to a report.
The Wall Street Journal (http://online.wsj.com/news/articles/SB10001424052702304788404579522110086877156?mod=WS J_hp_LEFTWhatsNewsCollection&mg=re**64-wsj) says ** final deal has been made, but new shares could push the amount of the offering beyond the Agricultural Bank of China's record $22.1 billion in Shanghai and Hong Kong in 2010. (Visa had the largest U.S.-based IPO with $19.7 billion that same year.)
See also: Here Come China's Tech Giants: Weibo, Alibaba to IPO in U.S. (http://mashable.com/2014/03/14/weibo-alibaba-ipo/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
Prior to the latest report, Alibaba was said to be pursuing an IPO in the $15 billion range, which is around the same figure Facebook sought to raise in its 2012 IPO. The offering is expected to hit in late summer. Read more... (http://mashable.com/2014/04/25/alibaba-ipo-biggest-ever/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Yahoo (http://mashable.com/category/yahoo/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Alibaba (http://mashable.com/category/alibaba/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Ipos (http://mashable.com/category/ipos/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/0yFGEuiYVA4
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Chinese e-commerce giant Alibaba (http://mashable.com/category/alibaba/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) is considering offering more shares in its IPO, a move that could make its initial public offering the largest ever, according to a report.
The Wall Street Journal (http://online.wsj.com/news/articles/SB10001424052702304788404579522110086877156?mod=WS J_hp_LEFTWhatsNewsCollection&mg=re**64-wsj) says ** final deal has been made, but new shares could push the amount of the offering beyond the Agricultural Bank of China's record $22.1 billion in Shanghai and Hong Kong in 2010. (Visa had the largest U.S.-based IPO with $19.7 billion that same year.)
See also: Here Come China's Tech Giants: Weibo, Alibaba to IPO in U.S. (http://mashable.com/2014/03/14/weibo-alibaba-ipo/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
Prior to the latest report, Alibaba was said to be pursuing an IPO in the $15 billion range, which is around the same figure Facebook sought to raise in its 2012 IPO. The offering is expected to hit in late summer. Read more... (http://mashable.com/2014/04/25/alibaba-ipo-biggest-ever/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Yahoo (http://mashable.com/category/yahoo/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Alibaba (http://mashable.com/category/alibaba/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Ipos (http://mashable.com/category/ipos/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/0yFGEuiYVA4