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Wednesday, December 29, 2021 13:48:19 UTC

Alibaba may sell its 30% share in social media ad provider Weibo to state-owned Shanghai Media. Alibaba down 1% in premarket trading, while Weibo was down 0.3%.

Alibaba's first public offering (IPO) on the New York Stock Exchange raised $25 billion on September 19, 2014, giving the business a market value of $231 billion and making it the largest IPO in global history at the time.(More)

@alibaba.com_official @alibaba.group @ebay

#baba #alibaba #weibo #amazon #ebay #socialmedia #onlineretail #sales #ipo

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