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What will Alibaba do with $25bn?
2014-09-17 21:07:59| BBC News | Business | UK Edition
What will Alibaba do with $25bn?
Softbank is Alibaba IPO's prizewinner
2014-09-17 04:33:20| Telecom - Topix.net
After Alibaba pushed up its IPO price range to $66 to $68 per share, it has become all too clear that Sprint parent SoftBank Corp. is the biggest winner hands down. China e-commerce giant Alibaba Group Holding Ltd. is a clear winner as it will likely raise $25 billion from the initial public offering, The Wall Street Journal reports .
VIDEO: The man behind Alibaba: Jack Ma
2014-09-17 02:36:34| BBC News | Business | UK Edition
Who is the man behind Alibaba, the e-commerce giant that is about to launch a record listing on the New York stock market?
Softbank is Alibaba IPO's prizewinner
2014-09-16 13:33:40| IT Services - Topix.net
After Alibaba pushed up its IPO price range to $66 to $68 per share, it has become all too clear that Sprint parent SoftBank Corp. is the biggest winner hands down. China e-commerce giant Alibaba Group Holding Ltd. is a clear winner as it will likely raise $25 billion from the initial public offering, The Wall Street Journal reports .
Alibaba raises IPO price range
2014-09-16 07:55:00| Telecompaper Headlines
(Telecompaper) Alibaba Group has raised the subscription price for its initial public offering of shares. Due to strong demand, the Chinese e-commerce group now expects to price the IPO at USD 66-68 per share, versus an earlier indicated range of USD 60-66. At the top of the range, this would raise USD 21.8 billion, and if the over-allotment option is exercised, USD 25 billion. Alibaba has not specified a use for the funds raised, saying they will go only to "general corporate purposes".
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