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IPO price $68 a share

18 Sep, 2014

Alibaba’s IPO price is set at $68 a share, at the top of its indicative range of $66-$68, an increase from the previous price idea of $60-$66. The price indicates an IPO value of $21.8 billion.┬áThe┬ápricing of $68 a share values the entire company at $168, making it bigger than Amazon, with a market value of $150 billion.