Alibaba Group Holding (BABA) The "Open, Sesame!" to Wall Street, Dresser-Rand Group (DRC) Merger Speculations

Las Vegas, NV, September 19, 2014 (Newswire.com) - The wait is over for Alibaba Group Holding Ltd. (BABA) debut. Finally, at 11:53 a.m. ET. on Friday, BABA stock soared more than 35%, with more than 100 million shares traded in the first 20 minutes of trading

BABA priced its IPO of 320,106,100 American depositary shares (ADSs), each representing one of its ordinary shares, at a price to the public of US$68.00 per ADS for a total offering size of approximately US$21.77 billion, assuming the underwriters do not exercise their option to purchase additional ADSs.

BABA and certain of the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 48,015,900 ADSs.

On intraday trading, BABA stock reached a high of $99.70 per share.

BABA, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. BABA operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online business-to-business marketplace that focuses on global trade among businesses; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.

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Crown Equity Holdings Inc. (CRWE)  is currently developing its CRWE Network (CRWE-PR), a growing network of website communities which business model is based on selling advertising to businesses targeting both locally and nationally.

Crown Equity Holdings has completed the entire State of California with its CRWE network. Crown Equity Holdings is presently in the process of developing additional sites for communities within the State of New York, a major marketplace where the company believes that its CRWE network will flourish.

The CRWE Network has reached the 1323rd community website in the U.S., associated with 3147 ZIP Codes, and includes coverage of the greater state of California, Northern and Southern Nevada, New York State, Wellington in Florida, Hattiesburg in Mississippi and 10 provinces in Canada.

CRWE Network’s goal is to facilitate exchanges of goods and services in a manner similar to Craigslist, a classified advertisements website with sections devoted to jobs, housing, personals, for sale, items wanted, services, community, gigs, résumés, and discussion forums, while providing micro community news, information and business directory content.

With its Division iB2B Global (ib2bglobal.com), CRWE is targeting the multi-billion dollar online b2b market.

CRWE‘s iB2BGlobal.com is an international leader in wholesale business transactions between buyers and sellers worldwide. It was created to bring business communities from similar and different continents together online, enabling a cost effective access point for bulk products to be bought, sold and shipped in a timely manner.

Buyers and sellers can register for free at iB2BGlobal.com and get integrated immediately into the global business network with various advertising and marketing strategies at their disposal.

CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.

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The trading levels of Dresser-Rand Group Inc. (DRC) exploded in the right direction, after reports indicating that Siemens AG is contemplating making a $6.1B bid for the company, while Swiss pump maker Sulzer AG confirmed on its website that it was in talks with DRC regarding a possible merger

DRC is among the largest suppliers of rotating equipment solutions to the worldwide oil, gas, petrochemical, and process industries.

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CRWE-PR Finance  http://finance.crwe-pr.com/2014/09/19/alibaba-group-holding-baba-the-open-sesame-to-wall-street-dresser-rand-group-drc-merger-speculations/

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