Alibaba Files with SEC to Offer 65.9 Million Shares

Features Reuters

Chinese e-commerce giant Alibaba Group Holding Limited will offer up to about 65.9 million shares worth about $5.06 billion under stock-based compensation plans, the company said in a regulatory filing on Friday. (http://1.usa.gov/1rEifLv)

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Alibaba went public on Sept. 19 in an initial public offering that raised about $25 billion, making it the largest IPO in history.