China’s massive Alibaba Group started selling shares to the public late Friday morning for prices far higher than expected, clinching the biggest stock debut in history. The world’s biggest retail giant, which dominates China’s Web and is making moves on American shores, is expected to raise more than $21.8 billion, and potentially much more, in its initial public offering, or IPO.

Topics:  alibaba group   friday morning   china s web   ipo shares   ipo   king   retail   debut   public   expected   biggest   initial   
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