Alibaba Holding Group's initial public offering was a monster success, roaring out of the gate Friday at a 38% premium to its offer price, sucking $21.8 billion into the Chinese online powerhouse's coffers.
Russ Mitchell, Paresh Dave, Los Angeles Times: Business
Fri, 09/19/2014 - 6:13pm
Alibaba Holding Group's initial public offering was a monster success, roaring out of the gate Friday at a 38% premium to its offer price, sucking $21.8 billion into the Chinese online powerhouse's coffers.