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
Tue, Jan 06, 2015 - 5:50 AM
The Alibaba Group - China's answer to eBay and Amazon - raised US$25 billion in its market debut last September, setting a record for IPOs. Unlike last year, there is no mega-IPO already lined up for the public stage.
PHOTO: REUTERS
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...
Register to read this article. Log in if you are already a subscriber.Register to read this article. Log in if you are already a subscriber.Please log in or subscribe to continue reading.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes