It's showtime for Alibaba at New York exchange

Alibaba's record-setting initial public offering on Friday will give the online group a huge war chest that can help its global expansion, experts said.

Alibaba has already boosted the price range this week for what was expected to be the biggest stock offering on record, and will raise as much as $25 billion.

Based on the new price, Alibaba would have a market value of $163 billion to $168 billion.