Alibaba – Open Sesam!

Alibaba40Alibaba Group Holding Limited (BABA) will be part of the MSCI emerging market index from Dec 1. The world’s biggest e-commerce company is listed since September 2014 at the NYSE. An IPO pricing of 25bn USD made the company the largest IPO in history. With a first day closing price at 93.89 USD, Alibaba has reached a market value of 231bn USD. Since then, the stock has traded down to 57.39 USD end of September 2015, a market cap of only 145bn USD. Continue reading “Alibaba – Open Sesam!”