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Alibaba Group Holding Ltd.,the Chinese ecommerce behemoth that rivals Amazon and eBay,just became the biggest tech company that most Americans have never heard of.U.S.investors snapped up shares of Alibaba’s debut on the New york Stock Exchange(NySE)on September 19,pushing the company to a valuation of more than$231billion—bigger than Facebook or Amazon and eBay combined.Alibaba raised$21.8 billion through the sale,the largest listing in U.S.history.More than 100million shares traded within 20 minutes and over 271.6 million shares exchanged hands by E
Alibaba Group Holding Ltd., the Chinese ecommerce behemoth that rivals Amazon and eBay, just became the biggest tech company that most Americans have never heard of .USINvestors snapped up shares of Alibaba’s debut on the New York Stock Exchange (NySE) on September 19 , pushing the company to a valuation of more than $ 231billion-bigger than Facebook or Amazon and eBay combined. Alibaba raised $ 21.8 billion through the sale, the largest listing in UShistory. More than 100million shares traded within 20 minutes and over 271.6 million shares exchanged hands by E