Find in the news:
BY COUNTRY

Alibaba posts largest IPO for us listed company



Alibaba, the massive Chinese e-commerce company, priced its shares at $68 on Thursday for the impending IPO offering, making it the largest ever for a US-listed company.
It is said that Alibaba and its shareholders who are selling will raise a total of $21.8bn, which may increase to $25bn if the option to purchase more shares at the IPO price is exercised by underwriters.

The company has been valued at around $167.6bn, based on a share price of $68, making it one of the most valuable technology companies globally.  This places them ahead of Amazon.com, which reported a market capitalization of $150,2bn at close of business on Thursday, and behind Facebook, with a valuation of $200,2bn.

On Friday, Alibaba will enter its next phase as a public company, after months of preparation.  The last weeks have seen investor roadshows, with regular revisions to its IPO, including a change in its relationship with Alipay, the payment service.

Alibaba is set to hit the top end of the range, by pricing their shares at $68.  This is a highly-anticipated public stock debut, similar to Visa when they raised $17.9bn during 2008.  The record for the biggest global IPO ever is held by the Agricultural Bank of China, when it debuted on the Hong Kong Stock Exchange during 2010.

Alibaba, although it started small, has become the largest global e-commerce company.  It experiences total gross merchandise volume that is larger than eBay and Amazon combined.  Its gross merchandise volume for the year ending June 30 was $296bn for 14.5 billion orders from 279m active purchasers.

The company has gained benefit from the massive and quick economic growth within China over the past 10 years.  

The chairman and vice chairman of the company, Ma and Joseph Tsai respectively, are the only executives who will be selling huge amounts of stock in the IPO.  Ma intends selling 12.8m shares and Tsai 4.25m.  The largest stockholder, Softbank, will not be selling, but Yahoo, its second-largest shareholder, definitely will.

The company will commence trading on Friday morning on the New York Stock Exchange as "BABA".

More about shopping malls in China



TODAY, India:
Flagship stores at the mall include Diesel, Replay, Hugo Boss, Emporio Armani, and Paul Smith.
TODAY, USA:
Camp continues to experiment with the format by opening new retail stores in the U.S.
Oct 18, 2021, USA:
More than 100 stores will open by the end of 2021, including a new experimental concept.
Oct 16, 2021, USA:
The center is scheduled to open in the first quarter of next 2021.
Oct 16, 2021, USA:
The deal was one of the largest ever in the private apparel segment.
Oct 14, 2021, USA:
U.S. company Macerich is changing the rules for short-term rentals.
Friend
and Follow
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007
Designer Outlet Malaga GLA:322 917 SF
ADDRESS: 29004, Málaga, Spain
Spain . Malaga
Designer Outlet Malaga
Optimum Outlet GLA:421 127 SF
ADDRESS: ve Eglence Merkezi | Istiklal Sokak No.2/B Yenisahra/Atasehir
Turkey . Istanbul
Optimum Outlet
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us