July 2018

All about Alibaba

Alibaba has barely been 
trading at the NYSE for five years. The company had its IPO on 18th September 2014, and by close of trade, Alibaba had raised US$25 billion. It’s still the world’s highest IPO valuation to date. The next morning, when Alibaba officially started its run in the NYSE, the company was valued at US$231 billion, a figure it has doubled in half a decade. It holds position 9 in the list of the Top 10 global companies by brand value.

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