Alibaba
Alibaba's logo is seen at its headquarters on the outskirts of Hangzhou, Zhejiang province April 23, 2014. Picture taken April 23, 2014. REUTERS/Chance Chan

A Chinese e-commerce giant broke the 2010 IPO record set by another Sino firm, the Agricultural Bank of China, when it raised $22.1 billion capital via the share launch. On Monday, Alibaba Holdings Group (NYSE: BABA) raised $25 billion after underwriters sold 48 million more shares.

Read:

Alibaba Raises $21.8 Billion In IPO, Starts Trading At NYSE

Alibaba Hikes IPO Price Range To $66-$68 From $60-$66

Alibaba initially raised $21.8 billion on Friday when 320 million shares were purchased at the New York Stock Exchange. However, because of the high demand for the stocks, the underwriters, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Citigoup, exercised their greenshoe option to sell 48 million more shares, Reuters reports.

Bloomberg reports that among the buyers of the additional shares were Fidelity Investments, BlackRock and T. Rowe Price Group, which each bought at least $1 billion.

With that volume of shares sold, the underwriters earned a windfall of over $300 million which is equivalent to 1.2 per cent fee. In turn, the US Securities and Exchange Commission will receive $121.8 million commission from Alibaba and an additional $178.6 million from stockholders who sold their shares.

Alibaba sold 26.1 million more shares under the option which netted the e-commerce firm $1.8 billion more and Yahoo, which sold 18.3 million additional shares, $1.2 billion. Alibaba founder Jack Ma also disposed 2.7 million shares, while co-founder Joe Tsai sold 902,782 additional shares.

Read: Masayoshi Son Is Japan's Richest Man As Softbank Shares Surge Ahead Of Alibaba IPO

Besides establishing a new world record for capital raised in an IPO, Alibaba also broke records for biggest first-day jump in value for a IPO on Friday when its shares leapfrogged 38 per cent.

Commenting on the phenomenal and record-breaking IPO, Hong Kong-based Arete Research Service analyst Li Muzhi told Bloomberg, "Expectations for this company are sky high ... The market seems to be using Alibaba was a proxy for the macroeconomy and consumer economy."

Alibaba delivered 6.1 billion package shipments in the last 12 months ending June, which made up 54 per cent of the total package shipments in China. In 2015, McKinsey & Co forecasts that online commerce in China would reach a staggering $395 billion.

After its global debut, Bloomberg gives a peek of what's next for Alibaba after its IPO.

YouTube/Bloomberg News