At Alibaba Group Holding Ltd., the numbers tell the story. The Chinese e-commerce company has more than 334 million active users. It processes more than 14 billion transactions each year. Annual sales transactions at the 16-year-old company exceed $296 billion.
The same goes for Alibaba’s September 2014 initial public offering. The IPO, on the New York Stock Exchange, was the largest in history, raising $25 billion. The company ended its first day of trading with a market capitalization of $231 billion.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
