September 18, 2014 / 9:39 PM / 3 years ago

Alibaba IPO prices at $68 per share - Dow Jones

People walk at the headquarters of Alibaba in Hangzhou, Zhejiang province, April 23, 2014.Chance Chan

(Reuters) - Alibaba Group Holdings priced its initial public offering at $68 (41.38 pounds) per share, the top of its projected range, Dow Jones Newswires reported on Thursday, citing an unnamed source familiar with the situation.

At that price, the deal would be worth about $21.8 billion, valuing the Chinese ecommerce company at $168 billion, Dow said.

Reporting By Dan Burns; Editing by Bernard Orr

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