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Tag Archives: NYSE:BABA

Alibaba Group Holding Limited (NYSE:BABA) Wants to Puts its $15B in Snapchat Inc- Synta Pharmaceuticals (NASDAQ:SNTA), Shake Shack (NYSE:SHAK)


Chinese e-commerce giant, Alibaba Group Holding Limited (NYSE:BABA) aims to invest $200M in Snapchat Inc. at a wroth of $15B, as per reported by Bloomberg. By means of the previous contract, Snapchat would be ranked behind merely mobile car-booking application Uber Technologies Inc. as well as Chinese smartphone maker Xiaomi …

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Alibaba Group Holding Ltd (NYSE:BABA) Becomes Market Mover on IPO

Alibaba Group Holding Ltd., (NYSE:BABA) is aims to debut in U.S. trading today following raising $21.8B in its initial public offering, according to Bloomberg . The firm and shareholders comprising Yahoo! Inc. (NASDAQ:YHOO) sold 320.1M shares for $68 each, according to a firm statement. The sale worths Alibaba at $167.6B, …

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