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Alibaba Targets $155 Billion Value in IPO

Alibaba Targets $155 Billion Value in IPO

Alibaba Group Holding Ltd. denounced skeleton for an initial open charity that values a association during $155 billion, that would now make it one of a largest listed in a U.S. and symbol one of a biggest stock-market debuts ever.

The Chinese e-commerce company, in papers filed Friday, valued itself only next opposition Amazon.com Inc.’s $160 billion marketplace capitalization. However, Alibaba’s value could arise in a days forward as a association strictly introduces itself to investors in a routine famous as a roadshow, set…

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