The site, which specializes in arts and crafts, raises $267 million for a valuation of $1.8 billion.
The Chinese e-commerce company has been turned out of Taiwan after six years of operating in the country.
The online crafts marketplace plans to use the money to develop localized services and attract new members, among other things.
Nearly a year after filing for an IPO, Box finds market conditions more favorable for going public.
The company's IPO hit a record $25 billion after it initially touched $21.8 billion. The jump was due to underwriters exercising an option to sell another 48 million shares.
With Alibaba's IPO making big winners of the Chinese e-commerce giant and Japan-based stakeholder SoftBank, what are the odds that one of them buys Yahoo?
CNET breaks down Alibaba's sprawling e-commerce empire and explains why everyone's been talking about the Chinese company's initial public offering.
In the largest initial public offering in US history, Alibaba raises funds to fuel its global ambitions.
With its IPO already expected to be record-breaking in the US, the Chinese company will price its stock even higher. That could translate to $25 billion.
The Chinese e-commerce giant, poised to make US stock market history, sets some high expectations for its pricing.