Category: Financial
- Published: 23 April 2014
- Written by Editor
By: Rachel Fox - Foxonstocks.com
I recently started reading about the Alibaba IPO that is projected to happen in the Fall of 2014. I wrote a blog about Alibaba awhile back. Find it HERE
According to an April 2014 Los Angeles Times article, “Alibaba, a Chinese e-commerce behemoth with more sales than Amazon and EBay combined, has decided to go public on Wall Street after months of speculation that it would list in Hong Kong.”
I’ve always been fascinated with Initial Public Offerings (IPOs) and remember the Facebook (FB) IPO like it was yesterday. There’s so much excitement and hope and, of course, the prospect of making a huge profit, so what’s not to like about IPOs?