Tiger Global Snaps Up Alibaba Shares At Lofty Valuation

Now watching

Next video starts in : 7 Play

Tiger Global Snaps Up Alibaba Shares At Lofty Valuation

Tiger Global Snaps Up Alibaba Shares At Lofty Valuation
Replay video
Up next

Matt Damon Talks Bourne 5

Unlock your personal NFL Now stream by signing in to NFL.com

Tiger Global Snaps Up Alibaba Shares At Lofty Valuation

by Wochit 0:35 mins

Tiger Global Snaps Up Alibaba Shares At Lofty Valuation

by Wochit 0:35 mins

Tiger Global Management, a top-performing technology investment firm, recently built a stake in Chinese e-commerce giant Alibaba Group, ahead of what will likely be one of the largest tech IPOs ever, according to four people familiar with the situation. Tiger Global bought Alibaba shares from other investors, not through a tender offer, two of the people said. Another said Tiger purchased roughly $200 million worth of shares, while another one of the sources said the transactions valued Alibaba at about $125 billion.

Wochit

Must Watch

  1. 2:22

    Creamfields - Creamfields 2015 Will Blow Your Mind

  2. 2:52

  3. Macklemore Stars in Very Own ‘West Side Story’ on New Song ‘Downtown’

  4. 3:36

    Surgeons Played Operation and the Struggle Was Real

  5. 1:50

    Mr. Potato Head Statue Divides Town

  6. 3:18

    Trump’s Hair-raising March into South Carolina

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless