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2014 a banner year for IPOs with nearly US$250b raised worldwide

Technology and financial sectors make up more than a third of all offerings through IPOs

Published Mon, Jan 5, 2015 · 09:50 PM
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New York

AFTER months of hype and breathless anticipation, the Alibaba Group - China's answer to eBay and Amazon - raised US$25 billion in its market debut last September, setting a record for initial public offerings (IPOs).

Not three months later, the car-ride startup Uber raised an eye-popping US$1.8 billion, one of the biggest fund-raising rounds in venture capital history.

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