A news ticker in Times Square reports that Alibaba has filed plans for an initial public offer (IPO)
A news ticker in Times Square in New York on Tuesday, May 6, 2014 reports that the Chinese e-commerce behemoth Alibaba announced that it has filed plans for an initial public offer (IPO). The filing did not specify on what exchange the IPO would take place on nor the offering price. Analysts believe that it has the potential to be the largest IPO in history. (© Richard B. Levine)
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