Alibaba seeks up to $21.1 billion in record-breaking U.S. IPO
Bloomberg News
Sept. 5 (Bloomberg) — Alibaba Group Holding Ltd., the e- commerce company whose fortunes surged along with China’s economy, is seeking a valuation of as much as $162.7 billion, larger than 95 percent of the Standard & Poor’s 500 Index, as it enters the final stages of an initial public offering. The company may raise […]