Scalper1 News
China e-commerce leader Alibaba Group gave new details Monday related to its upcoming initial public offering, showing slowing — though still fast — growth and revealing its management structure for the first time. The IPO might be the largest ever on a U.S. exchange in terms of money raised, surpassing Facebook (FB) and Visa (V). Alibaba is expected to raise up to $20 billion, giving the company a market value near $168 billion. Scalper1 News
Scalper1 News