Which Chinese company set the record for the world's largest IPO in 2014?

Alibaba Group set the record for the world’s largest initial public offering in 2014.

Alibaba began trading on the New York Stock Exchange on September 19, 2014. Its offering initially raised about $21.8 billion, and the underwriters later exercised an overallotment option, bringing the total to about $25 billion. The size reflected intense global interest in China’s rapidly expanding internet economy.

Alibaba operates major commerce platforms including Taobao and Tmall, as well as businesses in cloud computing, logistics, digital media, and local services. Its large ecosystem made it one of China’s most valuable publicly traded companies.

The record was later surpassed by Saudi Aramco’s 2019 offering. Alibaba’s IPO is still a landmark in financial history because it connected one of China’s most important technology groups with a large international investor base.