Initial Public Offerings

The Firms Backing the Largest Public Offerings in the U.S.

The initial public offering of Alibaba Group Holding, the Chinese company operating in the e-commerce sector, on the New York Stock Exchange in September 2014, was the largest public offering in the United States as of March 2017. Credit Suisse underwrote the IPO of Alibaba, which raised approximately $21.77 billion.

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This chart shows the underwriters of largest IPOs in the United States as of March 2017 (in billion U.S. dollars)

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Major initial public offerings (IPOs) in the United States up to January 2016 (in billions of U.S. dollars)
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Underwriters of largest IPOs worldwide as of December 2025 (in billion U.S. dollars)
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Underwriters of largest IPOs in the United States as of 2026 (in billion U.S. dollars)
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Largest global IPOs by Chinese companies in 2019 (in billion yuan)
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Largest Chinese IPOs in the United States as of 31 December 2022, by raised funds (in million U.S. dollars)
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Median size of initial public offerings (IPOs) in the United States from 2005 to 2025 (in million U.S. dollars)

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