China's Alibaba files for a blockbuster IPO (14)

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 fall.
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