Alibaba IPO was bigger than Google, Facebook combined

Chinese e-commerce company Alibaba, which went public on September 19, 2014, raised more money through its initial public offering than Google, Facebook, and Twitter combined. These companies had raised a total of $19.76 billion together while Jack Ma-led Alibaba alone raised $25 billion, the largest in history. The e-commerce giant was valued at $167.6 billion immediately after the IPO.