Current location - Recipe Complete Network - Complete breakfast recipes - Alibaba What does it mean?
Alibaba What does it mean?
Alibaba is one of the best brands in global business-to-business (B2B) e-commerce, and is currently one of the world's largest online trading marketplaces and business exchange communities.

On the evening of September 19, 2014, Alibaba officially listed for trading on the New York Stock Exchange under the ticker symbol BABA, with the price set at $68 per share,[1] and its stock opened at $92.7 on the same day, a jump of 36.32%[2] from the offering price. Alibaba Group's underwriters exercised their over-allotment option, thereby expanding the size of the fundraising by 15 percent, resulting in Ali raising a total **** of $25 billion in the deal, making it one of the largest IPO deals of all time.