Alibaba Passes Facebook in Market Value on First Day
Alibaba Group Holding Ltd. surpassed Facebook Inc. by market capitalization on its first day as a public company right from the minute it started trading and closed with a valuation of more than $231 billion.
19 Sep 2014 ... Alibaba Group Holding Ltd. surpassed Facebook Inc. by market capitalization on its first day ... right from the minute it started trading and closed with a valuation of more than $231 billion. ... September 19, 2014, 9:00 PM PDT ...