Alibaba has increased its price range to make the offering at $25bln, its market cap on listing is likely to be $250bln.
And, what an investment for Yahoo! just 9 years back Yahoo! had put in 1 billion dollars to Jack Ma for Alibaba startup.
Yahoo!s stake 40%. On IPO it shall be making a clear $60bln and know what......Yahoo! own market cap is $41bln
They are making more than their entire companys market capitalisation.
Now, that's an investment.
Cheers!!!!!
Cheers!!!!!
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