Tag Archives: Initial public offering

Behind the Alibaba IPO is an Unlikely Chinese Success Story

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HONG KONG (AP) — The mammoth IPO planned by e-commerce giant Alibaba Group highlights founder Jack Ma's improbable rise to China's entrepreneur-in-chief. Ma, a former English teacher who flunked his...

Alibaba Is aiming to raise $1B in IPO

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SAN FRANCISCO (AP) — China's Alibaba Group is aiming to raise $1 billion in a long-awaited IPO likely to have ripple effects across the Internet. Tuesday's filing sets the stage for the technology...

Weak Candy Crush IPO Costs Chairman And CEO Billionaire Status

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For the executives of Candy Crush maker King Digital Entertainment, Wednesday’s initial public offering couldn’t have been more sour. On a day when King.com celebrated its IPO by parading candy...

Candy Blush: King.com Cofounder And Investor Gave Up Billions With Early Share Sale

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Not everyone will be cashing in on King Digital Entertainment’s sweet initial public offering later this month. At least two individuals associated with the Candy Crush-maker’s early development will...

Wall Street Gets New Billionaire As Virtu Prepares For IPO

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Virtu CEO Vincent Viola is the latest Wall Street CEO to hit billionaire status. Viola, the founder–and majority shareholder–of New York high-frequency market maker, Virtu, stands to make a fortune...