Alibaba is seeking to raise $25 million for its IPO, which could value the company at $21.8 billion. The company has a market capitalization of $210.6 billion, making it the second largest in the world. It generated $11.41 billion in revenue in the last quarter, with year-over-year earnings growth of 28.7%, and has $21.49 billion in total cash and $11.16 billion in debt. Alibaba owns Taobao, Tmall, and Juhuasuan, which are the largest online shopping, brands and retail, and group buying platforms in China respectively.