Alibaba Said to Raise $21.8B in Record-Breaking U.S. IPO

Alibaba Said to Raise $21.8B in Record-Breaking U.S. IPO

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Alibaba's IPO is priced at $68 per share, raising $21.8 billion, making it the largest US IPO ever. The company's market value is estimated at $168 billion before trading. If included in the S&P 500, Alibaba would rank as the 9th largest company. The first trading day could see changes in value based on investor interest.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the price per share set for Alibaba's IPO?

$75

$68

$50

$100

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much money did Alibaba raise through its IPO?

$21.8 billion

$30 billion

$10 billion

$15 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What made Alibaba's IPO significant in the US market?

It was the first tech company to go public in 2014.

It was the largest US initial public offering ever.

It was the first IPO priced at $100 per share.

It was the first Chinese company to list in the US.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Alibaba's initial market valuation before trading?

$100 billion

$150 billion

$200 billion

$168 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where would Alibaba rank in the S&P 500 based on its initial market value?

20th largest

15th largest

9th largest

5th largest