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Earnings season is approaching and these large U.S. companies are set to report to the market this week. Let’s take a look! Citigroup Inc. (Symbol:… Read More »Large companies set to report earnings this week
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.