By  on July 18, 2014

Alibaba Group Holding Ltd. is now said to be envisioning an initial public offering in September.

The company on Friday, in a regulatory filing with the Securities and Exchange Commission, valued itself at $130 billion, up from the $117 billion valuation in late June. The valuation of each share was $56, or a $6 increase over the share price disclosed in its previous filing, due to the granting of stock compensation for its employees.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus