Wednesday, May 7, 2014

'Alibaba' Possibly Largest I.P.O. Ever (Video)

Alibaba, China's largest e-commerce company, is on the verge of going public in New York. When it does, it could be one the largest I.P.O.s in the United States ever.  Yahoo is selling 208 million shares, or about 40 percent of it's stake in the Chinese Internet Behemoth 'Alibaba.' This could generate as much as 10 billion for yahoo.  If Yahoo sells all of their shares, this said could double their cash assets.
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