Alibaba Hits the Road for Pre-IPO Debut with Investors
Today, the biggest IPO of 2014 is heading to the Waldorf Astoria New York hotel to discuss various aspects of its hotly-anticipated offering, expected to come in September.
Alibaba is ready for its close-up with fund managers: today, the biggest IPO of 2014 is heading to the Waldorf Astoria New York hotel to discuss various aspects of its hotly-anticipated offering, expected to come in September. The company, according to various reports, will sell shares at $60 to $66 each, in an attempt to raise more than $24 billion dollars in an offering that will value the company at more than $200 billion, instantly making it one of the biggest IPOs in history. However, the offering is generating some questions from its potential backers -- specifically, for the 30 recent deals from Jack Ma.
