Alibaba files with SEC to offer 65.9 million shares
(Reuters) - Chinese e-commerce giant Alibaba Group Holding Limited (BABA.N: Quote) will offer up to about 65.9 million shares worth about $5.06 billion under stock-based compensation plans, the company said in a regulatory filing on Friday.
Alibaba went public on Sept. 19 in an initial public offering that raised about $25 billion, making it the largest IPO in history.
(Reporting by Soham Chatterjee in Bangalore; Editing by Simon Jennings)
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