China’s largest e-commerce player, Alibaba, has filed F-1 paperwork to the SEC, expecting to go public on September 8 (via TechCrunch) under the NYSE symbol BABA. The initial share price is expected to hit $60-$66, thus valuing the firm at over $160 Billion.
Japanese investor, Softbank, holds a 34% stake in the company, while Yahoo owns 22%. At that expected valuation, Softbank’s stake will become an astounding $55 Billion, while Yahoo’s will be valued at an equally astounding, $36 Billion. As a result of this, Yahoo’s shares went 1% up in after-hours trading. 
At that staggering valuation, Alibaba, along with its subsidiary Taobao, will become the second biggest internet company, behind only after Google. Wall Street Journal, has however valued the company at $155 Billion.
This IPO, if filed at the current numbers, will become the largest ever IPO in history. All investors are planning to keep their stake at the current levels, except Yahoo, which will slightly decrease its percentage.
2 comments
I became advised this website with this relative. I will be don’t selected whether this specific put up is usually written by the pup as nobody else identify such aimed around my problem. You will be remarkable! Thank you so much!
With havin so much content and articles do you ever run into any issues of plagorism or copyright infringement? My blog has a lot of completely unique content I’ve either authored myself or outsourced but it appears a lot of it is popping it up all over the internet without my authorization. Do you know any ways to help reduce content from being stolen? I’d truly appreciate it.