CBS News 2014.05.07 02:29
SAN FRANCISCO - China's Alibaba Group is aiming to raise $1 billion in a
long-awaited IPO likely to have ripple effects across the Internet.
Tuesday's filing sets the stage for the technology industry's biggest
initial public offering since short messaging service Twitter (TWTR) and
its early investors collected $1.8 billion in its stock market debut last
TWITTER, CRUTCH, YAHOO, COMMERCE, DIVESTITURE, POWERHOUSE, Yang, Lu, Tsai, Mcdonald, Amazon, Yahoo, Bay Inc., Twitter Inc., Soft Bank Corp., Visa, Facebook Inc., Google, Sprint Corp., Mobile U S Inc., China, USA, Japan