Alibaba IPO: Ma's stake is worth? IPO-Alibaba, Alibaba, MA-IT news
Alibaba IPO: Ma's stake is worth?

On September 7, according to foreign media reports, the Alibaba Group (Alibaba Group) in the United States the initial public offering (IPO), Jack Ma, Alibaba holdings would be worth up to $ 10.6 billion.

Alibaba preliminary IPO price between $ 60 to $ 66 per share. In the course of the IPO, MA is scheduled to sell at least 12.75 million shares of company stock, based on a predetermined midpoint of US $ 63, Jack Ma, the sale of these shares will be cashing $ 803 million. According to the company's IPO Prospectus showed that if demand from dealers is strong enough, he agreed to sell 2.7 million shares of company stock. Ma remaining shareholdings accounted for Alibaba 6% valued at $ 9.8 billion. In other words, Jack Ma, Alibaba holdings shares calculated in accordance with the issue price of this IPO scheduled us, valued at $ 10.6 billion.

Special emphasis here is that this wealth figure doesn't include Ma film company huayi brothers in China (Huayi Brothers) stake is associated is not included in the company's financial services and small business micro-financial services group (Small and Micro) holdings.

Ali Baba United States on Friday announced its expected IPO price, since this could be once United States's largest IPO. Alibaba shares attracted worldwide attention, because fast-growing Alibaba e-commerce in China occupy a monopoly position in the market, while China is expected to overtake United States, and several years growing up in Alibaba's e-commerce market in China occupy a leading position in the world.

In addition to Ma, the IPO also lets other Alibaba executives fortunes soared. Tsai, Chairman of Alibaba group co-founder and Executive Vice President (Joseph Tsai), in the IPO by selling some stock to cash out $ 268 million. After that, based on the central rate this IPO scheduled for issuance, which still held estimated Alibaba stock valued at $ 3.9 billion.

Most of the Alibaba IPO shares from existing shareholders including Yahoo, Yahoo holds 22.4% shares prior to the IPO, to sell a stake of its retained stake to 16%. SOFTBANK is the largest shareholder in Alibaba, stake 34% prior to the IPO, but SOFTBANK does not sell any of its shares during the IPO.

Alibaba this listing is a series of Chinese Internet companies in the US IPO this year in the latest action. Beijing Jingdong Mall (JD.com) in the United States since going public, its shares have risen by half, which also makes the company founder Liu (Liu Qiangdong) became one of the world's richest billionaires the Internet. In the Forbes billionaire rankings released on Friday, Liu 162th place, its wealth of $ 8.2 billion. United States-listed search engine giant Baidu Chairman Robin Li, ranked 56th in the rankings, with $ 16.4 billion of wealth.