BusinessQuiet 83d · day 83
Alibaba launches ₹95,000 crore share sale to fund AI expansion
The Chinese tech giant's follow-on stock offering ranks as the third-largest ever, behind only Alphabet and Intel deals.
What to know
- Alibaba's share sale is valued at approximately ₹95,000 crore, aimed at funding AI investment.
- The offering is being ranked as the third-largest follow-on stock sale on record, behind Alphabet and Intel.
- Coverage of the launch is limited to brief news items with no further financial or market details disclosed yet.
Alibaba Group Issuer of the share sale
The record 1 articles and posts · last 30 days