No.
At the time of writing this article Alibaba (BABA) has a market cap of $545 billion.
Source: Yahoo Finance (BABA)
Category: Stock Market
How much Venture Capital has Spotify Raised and From whom?
Spotify raised a total of $188 million from venture capital and private equity companies before its IPO.
Series A, 10/08 $21.6M
Creandum
Northzone
Li Ka-shing
Series B, 8/09 $50M
Wellington Partners
Li Ka-shing
Series C, 2/10 €11.6M
Sean Parker
Founders Fund
Venture Round, 6/11 $100m
Kleiner Perkins Caufield & Byers
Accel Partners
Digital Sky Technologies
What is the Difference between Xiaomi XIACF and XIACY?
If you searched for Xiaomi ADRs, you’ve inevitably come across both XIACF and XIACY. What’s the difference? You cannot trade XIACF as a retail investor because it’s a “privately placed” ADR under SEC Rule 144A. This means that they’re for qualified institutional buyers (QIBs) only. QIBs want and contribute to the 25x higher average trading volume than XIACY. Volume ensures there are enough buyers and sellers to trade with you. Information and services are also limited to QIBs.