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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
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...
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