BBC News - Alibaba Files For Public Share Sale

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Link: BBC News - Alibaba files for public share sale

 

Chinese internet giant Alibaba has filed documents for a public share sale in the US, which is widely expected to be one of the biggest in history.

 

In its filing, the company said it is seeking to raise $1bn (£589m). But that figure is seen just as an estimate to calculate various fees.

 

Analysts expect it to raise more than $15bn and top Facebook's share sale...