Alibaba's opening price of $ 92.70, listed will create the biggest IPO of shares rose 36.3%-Ali, Alibaba, Alibaba IPO, Alibaba share price-IT news
Alibaba's opening price of $ 92.70, compared with their IPO price up 36.3%

On September 19, Alibaba group tonight in the United States was listed on the New York Stock Exchange, was halted $ 92.70, compared with their IPO price rose 36.3%. Opening price calculation, the company could fetch over $ 228.2 billion.

Stock code: BABA Ali Baba. The IPO issue 123 million ADS, selling shareholder to sell 197 million ADS. Number of shares outstanding after the IPO is completed Ali was 320 million ADS, total equity was 2.465 billion shares (Ali Baba 1ADS is equal to 1 common shares). In accordance with its offering price of $ 68 per Ali this funding amount of $ 21.7 billion (of which $ 13.4 billion for the selling shareholder). Ali Baba by Citigroup, Deutsche Bank, JPMorgan Chase, Morgan Stanley, Goldman Sachs and Credit Suisse, underwritten jointly by six banks.

In the past 12 months ending on June 30 this year, Alibaba group fetched a total of $ 296 billion of goods, processing orders, 14.5 billion, the total number of active users was 279 million.

In the last fiscal year ended March 31, Alibaba Group's net profit was 3.77 billion dollars, accounting for 44.6% of $ 8.46 billion revenue. In the fiscal first quarter ended June 30, Alibaba Group had revenues of $ 2.54 billion, representing a growth of 46%; net profit rose twice to reach $ 2 billion.

Alibaba Group founder Jack Ma, Chairman of the Board of Directors of its stake in the IPO will be selling personal 6%, cashing $ 867 million. After selling stakes, Jack Ma, Alibaba Holdings Corp shares worth $ 13.1 billion.

Through the initial public offering of Alibaba group, Yahoo will cash out $ 8.3 billion. After the on, Yahoo still will retain a stake worth $ 27.3 billion. To merge the two, including Yahoo's Alibaba group stake could fetch US $ 35.6 billion, accounted for more than half of the $ 42 billion of this company.

Alibaba group, the biggest private investor Japan's Softbank, held Alibaba group 797.7 million shares.