ALIBABA'S IPO FILING IS OUT!
Screenshot / Crocodile in the Yangtze
Alibaba's IPO filing is out!We're reading the filing now and will update this post as we go. Click here to refresh.
Yahoo currently has a 24% stake in the Chinese e-commerce giant, but it's expected to sell back nearly half of that stock in the IPO.
Revenue for 2013 was $5.55 billion, according to Bloomberg.
Founder Jack Ma owns an 8.9% stake in the company, also according to Bloomberg.