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Alibaba's IPO Priced at $68 a Share
By SP_COP on September 19, 2014 | From
Alibaba's IPO Priced at $68 a Share Alibaba Group Holding Ltd. 's shares priced Thursday at $68 apiece, putting the Chinese company on track for an initial public offering that will raise at least $21.8 billion.

The price was at the top of the company's expected range of $66 to $68, which was increased from an initial $60 to $66.

The price gives the e-commerce company an initial market value of $168 billion, making it one of the 40 biggest public companies globally, according to S&P Capital IQ, and worth more than U.S. online- shopping giant Inc. AMZN +0.31% Amazon is currently valued at $150 billion....
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NAMES: Jack Ma