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Alibaba.com Raises $1.5 Billion in IPO photo
HONG KONG (AP) - Alibaba.com Ltd., one of China's fastest-growing technology companies, reached its goal of raising $1.5 billion in its initial public offering Saturday, people close to the deal said. Alibaba, an e-commerce portal, sold 858.9 million shares, or a 17 percent stake, at roughly $1.75...
HONG KONG (AP) - Alibaba.com Ltd., one of China's fastest-growing technology companies, reached its goal of raising $1.5 billion in its initial public offering Saturday, people close to the deal said. Alibaba, an e-commerce portal, sold 858.9 million shares, or a 17 percent stake, at roughly $1.75...