• Alibaba employees attend the opening bell ceremony during the company’s IPO at the New York Stock Exchange. Mark Lennihan / AP Photo
    Alibaba employees attend the opening bell ceremony during the company’s IPO at the New York Stock Exchange. Mark Lennihan / AP Photo
  • A Chinese tourist poses for a photograph in front of the New York Stock Exchange on the day of Alibaba’s initial public offering. Jason DeCrow / AP Photo
    A Chinese tourist poses for a photograph in front of the New York Stock Exchange on the day of Alibaba’s initial public offering. Jason DeCrow / AP Photo
  • Joseph Tsai, vice chairman and co-founder of Alibaba, rings a ceremonial bell at the New York Stock Exchange to celebrate the company’s initial public offering. Brendan McDermid / Reuters
    Joseph Tsai, vice chairman and co-founder of Alibaba, rings a ceremonial bell at the New York Stock Exchange to celebrate the company’s initial public offering. Brendan McDermid / Reuters
  • Chinese actor Jet Li, centre, attends the Alibaba initial public offering at the New York Stock Exchange. Brendan McDermid / Reuters
    Chinese actor Jet Li, centre, attends the Alibaba initial public offering at the New York Stock Exchange. Brendan McDermid / Reuters
  • JP Morgan Vice Chairman James Lee, right, attends the Alibaba initial public offering at the New York Stock Exchange. JP Morgan was one of the bookrunners of the IPO. Brendan McDermid / Reuters
    JP Morgan Vice Chairman James Lee, right, attends the Alibaba initial public offering at the New York Stock Exchange. JP Morgan was one of the bookrunners of the IPO. Brendan McDermid / Reuters
  • NYSE president Thomas Farley on the trading floor during the Alibaba initial public offering. Brendan McDermid / Reuters
    NYSE president Thomas Farley on the trading floor during the Alibaba initial public offering. Brendan McDermid / Reuters
  • Specialist traders work at the post that trades Alibaba during the company’s initial public offering. Brendan McDermid / Reuters
    Specialist traders work at the post that trades Alibaba during the company’s initial public offering. Brendan McDermid / Reuters
  • Alibaba employees celebrate at company's office in Hangzhou City, China. Sherwin / EPA
    Alibaba employees celebrate at company's office in Hangzhou City, China. Sherwin / EPA
  • An Alibaba employee poses in front of a replica of the New York Stock Exchange during celebrations at Alibaba office in Hangzhou, China. Sherwin / EPA
    An Alibaba employee poses in front of a replica of the New York Stock Exchange during celebrations at Alibaba office in Hangzhou, China. Sherwin / EPA
  • Chief financial officer of Alibaba Maggie Wu strikes a bell as Jack Ma, left, founder of Alibaba, watches during the company’s IPO at the New York Stock Exchange. Mark Lennihan / AP Photo
    Chief financial officer of Alibaba Maggie Wu strikes a bell as Jack Ma, left, founder of Alibaba, watches during the company’s IPO at the New York Stock Exchange. Mark Lennihan / AP Photo
  • Jack Ma, center, founder of Alibaba, raises a ceremonial mallet before striking a bell during the company’s IPO at the New York Stock Exchange. Mark Lennihan / AP Photo
    Jack Ma, center, founder of Alibaba, raises a ceremonial mallet before striking a bell during the company’s IPO at the New York Stock Exchange. Mark Lennihan / AP Photo

Markets

In pictures: Alibaba’s $25 billion public offering biggest in the world

Olive Obina

September 22, 2014

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Alibaba’s initial public offering now ranks as the world’s biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares. The IPO surpassed the previous global record set by Agricultural Bank of China in 2010 when the bank raised $22.1bn.

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