2min chapter

Acquired cover image

Season 3, Episode 5: Alibaba

Acquired

CHAPTER

Is This the Hottest Ipeo of All Time?

Ali baba's underwriters announced that they had exercised a green shoe option to sell 15 % more shares than originally planned, boosting the total ipo to 25 billion from the originally planned 21 point eight billion. The stock actually opened at 92 and then went ut from there. At the time, it was larger than amazon and eba combined,. which is crazy.

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