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Alibaba to raise up to $24.3 billion USD in IPO

Published by Techloy on Mon, 08 Sep 2014


Alibaba is set to raise up to $24.3 billion USD in itsamended IPO filing in the US. The Chinese Internet company is expected to sell up to 368 million shares at $60-66 USD each, according to the latest filing with the SEC. [via: The Telecomist]The post Alibaba to raise up to $24.3 billion USD in IPO appeared first on TechLoy.
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