Tag Archives: IPO
The internet is abuzz that Alibaba, a Chinese internet conglomerate, will be going public soon in what could be the largest offering of all time. Yet most Americans have never even heard of the company. Here’s a quick primer on just what Alibaba does and why you should be interested.
All eyes were on King Digital Entertainment—the company behind the horribly addicting mobile game Candy Crush—when it went public yesterday. Would it be another tech success story on the market? Or would it crash and possibly signal the signs of another tech bubble?
On day one, it flopped.