The deal reportedly raises the media, sports and fashion agency's valuation to $5.5 billion. » Read More
Asian markets started the data-light week on the back foot, with major indices posting steep losses.
The IPO was expected to be the largest in history and to give Alibaba a massive valuation—making founder Jack Ma one of the world's richest men.
Alibaba's IPO will unleash a flood of wealth for Jack Ma and Joseph Tsai, but unlike some other tech IPOs, the big money isn't being spread around the company.
Alibaba's long-awaited IPO is finally around the corner, making this a good time to take a look at just how an IPO works.
Asian equity markets ended mostly lower on Tuesday as investors awaited the start of a U.S. Federal Reserve meeting later in the day.
America Movil is pushing to sell some assets for at least $20 billion, a source told CNBC.
Simon Xie is the only individual besides Executive Chairman Jack Ma who owns the domestic Chinese companies.
The retail investor may not have a chance to get into the Alibaba IPO, but here's another way to own it, GVA Research's David Garrity said.
Asian equity markets were mixed on the final trading day of the week as investors avoided making aggressive bets before a key set of Chinese data over the weekend.
The hedge fund community appears to be salivating over Alibaba, with interest from Leon Cooperman, Dan Loeb and other major players.
The "Fast Money" traders share their final trades of the day.
Asian stock markets were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival.
Alibaba founder Jack Ma surprised potential investors at an event in New York by addressing governance concerns over the Chinese e-commerce giant.
Asian equities started the week mixed on Monday as investors focused on a raft of economic data in China and Japan.
Several advisers said they had expected a scramble from clients. But the phone has not been ringing off the hook.
Chinese e-commerce giant Alibaba on Friday filed to sell up to $24.3 billion in stock, making it the biggest U.S. initial public offering ever.
Some of the names on the move ahead of the open.
Son's nose for an investment has turned Alibaba into a stake worth $50 billion as the Chinese e-commerce giant heads for the biggest U.S. tech IPO.
Asian equity markets were mostly lower on Tuesday as tensions over Ukraine took the shine off Wall Street's overnight gains.
Most Asian stocks reversed losses on late Wednesday as traders await the release of the U.S. Federal Reserve's meeting minutes due later in the day.