Alibaba Group's initial public offering on the New York Stock Exchange on September 19, 2014, raised 25 billion dollars, making it the largest IPO in history at the time and valuing the Chinese e-commerce giant founded by Jack Ma at roughly 231 billion dollars. The listing marked one of the largest U.S. stock market debuts by a foreign company and cemented Alibaba's status as a dominant global technology and retail platform.
Facts
Event TypeInitial public offering 1 Cross-Tradition Connections
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