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Alibaba 'breaks share sale record'

2014-09-22 17:39:02| BBC News | Business | UK Edition

Chinese internet giant Alibaba has raised $25bn in its share flotation, according to US media, making it the largest initial public offering in history.

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Alibaba sells more shares in record IPO

2014-09-22 16:32:00| Telecompaper Headlines

(Telecompaper) Alibaba has granted the underwriters of its IPO the right to sell another 48 million shares in the Chinese internet company, after strong demand for the listing. In the initial offering, Alibaba sold 123.1 million American Depositary Shares, and its shareholders Yahoo, Jack Ma and Joe Tsai sold together 197.0 million shares. The offering was priced at the opt end of the indicated range, at USD 68 per share. After under writing discounts and commissions, the net proceeds were USD 8.3 billion for Alibaba and USD 13.2 billion for the selling shareholders. On its first day of trading on the New York Stock Exchange, Alibaba shares rose 38 percent to close at USD 93.89.

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Movers & Shakers: Alibaba, AutoZone in spotlight

2014-09-21 16:43:15| Auto Parts - Topix.net

Among the companies whose shares are expected to see active trade in Monday's session are Alibaba Group Holding Ltd. and AutoZone Inc. Analyst Youssef Squali at Cantor Fitzgerald initiated coverage of the stock at a buy with a price target of $90.

Tags: spotlight alibaba movers shakers

Will Alibaba Be The First Chinese Brand To Go Global?

2014-09-20 10:07:05| Food - Topix.net

I'm Chairman, North America of Landor Associates, a brand consulting and design firm that specializes in creating agile brands that thrive in today's disruptive, changing market. I work with some of the most powerful brands in the world, and oversee Landor's new business efforts in North America.

Tags: to go global brand