These Are The Top 10 IPOs To Watch For 2014
BANGALORE: The market this year has witnessed a huge growth with the opening of many equity markets for people to invest in. The technological sector is not as demanding as it would be except for big companies acquiring startups as it usually is. On the other hand the pharmaceutical companies as always have the biggest investment platform but at the latter part of the year there are some companies releasing their IPOs competing with the niche biotech sector.
Many of these companies going public may not be as well known due to their sudden rise in the market, but that doesn’t matter. What matters is, both the well-known and obscure companies are all offering the best platforms when it comes to the sales of their stocks. Well here is a look at the companies as compiled by 24/7 Wall St.
Alibaba: This Company, which was founded by Jack Ma, based in Hangzhou, China, is a business-to-business market platform and the largest e-commerce company in China. Alibaba is witnessing an exponential growth, its market stretching to the western countries as well. Alibaba will be listing itself in America rather than in China.
This move comes with no surprise as most Chinese companies are interested in listing themselves with the American market rather than the Chinese. Yahoo Inc, Japanese telecom and Internet Company Softbank will all be huge gainers as Alibaba goes public. The company is said to be valued at somewhere around $110 billion.
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