What was the size of Alibaba's initial public offering (IPO) in 2014?
US$25 billion
US$15 billion
US$35 billion
US$10 billion
Answer
Alibaba's IPO on the New York Stock Exchange on 19 September 2014 raised US$25 billion, making it the largest IPO in world history at the time. The IPO gave the company a market value of US$231 billion.
Unraveling the Alibaba Empire: Test your Knowledge of the Chinese Tech Giant
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