Chinese e-commerce giant Alibaba has Tuesday filed prospectus for a ‘granddady’ of all technology initial public offerings (IPOs) in the history of United States. Alibaba’s filing of its documents with the Securities and Exchange Commission in US is just the first step in a process that will take several months before Alibaba's stock is listed. Alibaba Group Holding Ltd stated in its prospectus that it was looking to raise $1 billion. Analysts, however, feel that the figure is just an … [Read more...]
