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Alibaba Breaks Record for Single Day Sales, Topping $11 Billion Estimate

Nov 13, 2015 08:52 AM EST

Chinese e-commerce company Alibaba recorded $14.3 billion in sales on Singles Day this past Wednesday; breaking its record last year during the same time and going past its estimates of $11 billion worth of sales.

Jack Ma, Founder and Executive Chairman of Alibaba Group

Alibaba's Market Debut Hits an Astonishing 38%

Staff Reporter |

Sep 20, 2014 09:13 PM EDT

Alibaba Group Holding Limited's shares ascended to an astonishing 38% mark in their first day of trading on Friday, September 19 which may rank them as the largest IPO of all time.

Alibaba IPO: A Pot Of Gold For Chosen Companies As It Nears $25 Billion Mark

Precious Silva |

Sep 16, 2014 09:35 AM EDT

A group of previously undisclosed investors who bought preferred stocks of the Alibaba Group Holdings, Ltd. stand to gain much, as the Alibaba IPO is now considered the biggest IPO of all time.