Alibaba Group, China’s leading e-commerce company, filed papers Tuesday for an initial public offering of stock. Depending on investor demand, Alibaba’s could turn into one of the biggest IPOs in U.S. history. Here are the top five U.S. and the top five global IPOs, according to data provider Dealogic:
Top 5 biggest U.S. listed IPOs
1. Visa. The payment processor went public on the New York Stock Exchange in March 2008, raising $19.65 billion.
2. General Motors. The automaker’s IPO was the final step in its bankruptcy and restructuring. It went public in November 2010 on the NYSE and raised $18.14 billion.
3. Ente Nazionale per l’Energia Elettrica (Enel). The Italian electric utility company raised $17.41 billion when it went public in October 1999 with a dual listing on the NYSE and the Borsa Italiana, the Italian stock exchange.
4. Facebook. The social network’s IPO is the biggest technology industry or Internet-based company IPO to date. It raised $16 billion when it went public in May 2012 on the Nasdaq Stock Market.
5. Deutsche Telekom. The German telecommunications company best known in the U.S. for its wireless subsidiary T-Mobile went public in November 1996 on multiple exchanges, including the NYSE, Berlin and Munich stock markets as well as Tokyo’s stock exchange. It raised $13.03 billion,
Top 5 biggest global IPOs.
1. Agricultural Bank of China (ABC Bank). The last of China’s “Big Four” banks to go public, it raised $22.12 billion when it went public in July 2010 with a dual listing on the Hong Kong Stock Exchange and Shanghai Stock Exchange.
2. Industrial and Commerical Bank of China (ICBC). The third of China’s “Big Four” banks to go public, it raised $21.93 billion when it went public in December 2006 with a dual listing on the Hong Kong Stock Exchange and Shanghai Stock Exchange.
3. AIA Group. The Hong Hong-based insurance company went public in October 2010 on the Hong Kong Stock Exchange raising $20.49 billion.
4. Visa. The company’s 2008 $19.65 billion IPO is the biggest U.S.-based IPO to date.
5. NTT DoCoMo. The Japanese wireless data and telecommunications giant raised $18.1 billion when it went public in October 1998 on the Tokyo Stock Exchange.