Alibaba will raise IPO range to $66 to $68: WSJ

Alibaba's executives are currently touring several major cities on the company's global roadshow. Sources say demand for the IPO, which could be the world's largest, has been strong.

September 16, 2014 / 09:01 IST

Alibaba Group Holding Ltd is prepared to raise the price range on its initial public offering to USD 66 to USD 68 a share, from USD 60 to USD 66 previously, The Wall Street Journal reported on Monday, citing people familiar with the matter.

Alibaba's executives are currently touring several major cities on the company's global roadshow. Sources say demand for the IPO, which could be the world's largest, has been strong.

first published: Sep 16, 2014 08:02 am

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