Alibaba.com Raises USD 1.5 bln
SinaTech, 11/06/07
Chinese B2B e-commerce firm Alibaba.com listed on the Hong Kong Stock Exchange this morning, with an opening price of HKD 30, an increase of 122% over its issue price of HKD 13.5. The USD 1.5 bln raised from the IPO is the highest amount raised by any Chinese internet company.
Keywords: Alibaba.com IPO B2B Hong Kong stock exchange Internet e-commerce