Alibaba Raises $21.8 Billion in Initial Public Offering by Michael J. de la Merced

By Michael J. de la Merced The Alibaba Group, the Chinese Internet juggernaut, raised nearly $21.8 billion in its initial stock sale, as investors flocked to buy a piece of the company that is poised to continue dominating China’s burgeoning e-commerce industry. Published: September 18, 2014 at 12:00AM...http://www.actualityfeed.com/