Wednesday, September 17, 2014

Alibaba and the likely IPO Record in Wall Street – businessandtech.com

Alibaba and the likely IPO Record in Wall Street – businessandtech.com

Alibaba and the likely IPO Record on Wall Street

Alibaba in these days leading up to the entrance to the NYSE ( New York Stock Exchange) scheduled on Friday decided to raise the price further placement of shares at the possible threshold of 66/68 dollars, depending on the 320 million shares would lead to a record IPO with an estimated value of $ 170 billion global .

alibaba hypo record

The Chinese e-commerce giant has the knowledge to make history and wants to become the largest IPO in the history of the stock market in New York.

The impressive economic value estimated at $ 170 billion, would exceed 104 billion over the debut of Facebook, with a single action value slightly lower than the placement of Amazon that was $ 71 per share, and far superior to the $ 19 per share to Google.

The real value impressive cover estimates collection of this operation that would lead $ 24 billion into the coffers of Alibaba, exceeding the record of ‘IPO in 2010 of the Agricultural Bank of China, who picked up $ 22.1 billion in that time.

Very strong the latest statements of the CEO Jack Ma of Alibaba who said “I came to ask a lot of money. “

The countdown has begun, there are grounds for a huge success.

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