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Apple has become the largest company in the world, becoming the world’s first firm to reach a $3 trillion valuation in 2022. ... 1980, it was the biggest IPO since the Ford Motor Company went ...
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors [1] and usually also to retail (individual) investors. [2] An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.
It raised US$25.6 billion in its IPO, making it the world's largest IPO, succeeding that of the Alibaba Group in 2014. [64] The company commenced trading on Tadawul on 11 December 2019, with shares rising 10% to 35.2 riyals, giving the company a market capitalization of about US$1.88 trillion, and making Saudi Aramco the world's largest listed ...
Alibaba was the biggest US IPO in history, bigger than Google, Facebook, and Twitter combined. [ 31 ] [ 32 ] [ 33 ] On 19 September 2014, Alibaba's shares (BABA) began trading on the NYSE at an opening price of $92.70 at 11:55 am EST.
IPO 82.4 United States Travis Kalanick, Garett Camp: DiDi: 62 July 2019 [606] June 2021 [607] IPO 73 China Cheng Wei: Facebook 50 January 2011 May 2012 [608] IPO 104 United States Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Chris Hughes, Dustin Moskovitz: Xiaomi: 45 April 2015 July 2018 [609] IPO 70 China Lei Jun: Alibaba: 42 June 2016 ...
theGlobe.com: A social networking service that launched in April 1995 and made headlines when its November 1998 IPO resulted in the largest first day gain of any IPO to date. CEO Stephan Paternot became a visible symbol of the excesses of dot-com millionaires and is famous for saying "Got the girl.
After the IPO, Zuckerberg was to retain a 22% ownership share in Facebook and was to own 57% of the voting shares. [13] The document also stated that the company was seeking to raise US$ 5 billion, which would make it one of the largest IPOs in tech history and the biggest in Internet history. [14] The roadshow faced a "rough start" initially.