Alibaba filing for US IPO next week:sources
Updated: 2014-04-16 14:08
(Agencies)
|
|||||||||
An employee walks past a logo of Alibaba Group at its headquarters on the outskirts of Hangzhou, Zhejiang province, in this May 17, 2010 file photo. [Photo/Agencies] |
Chinese e-commerce giant Alibaba Group Holding Ltd is expected to file the prospectus for its US initial public offering next week, sources said on Wednesday, moving closer to what could be the biggest-ever listing by a technology firm.
Alibaba's documents could be filed as soon as Monday, added the sources, who couldn't be named because the plans aren't yet public. The IPO could be worth more than $16 billion, surpassing the previous record for a technology share sale set by Facebook Inc in 2012, according to a previous media report.
Alibaba had no comment to make on its IPO filing, a spokeswoman said.
Alibaba confirms IPO in US | Alibaba investing in US messaging startup Tango |
- British royal family's last day in NZ
- Boston shows its heart on bombing anniversary
- Xi: Integrate space and air roles
- China certifies Sikorsky S-76D helicopter for 'growing' market
- Museum of 'House upside down' opens in Russia
- Michelle Obama plays with kids
- Biden, Kerry unveil World Cup trophy in Washington
- Top 10 picks for global travelers
Most Viewed
Editor's Picks
Beijing integrates with Tianjin, Hebei |
Enemies share eternity together |
Expats flee big, smoggy cities |
Life after an only child dies |
Parents put kindergartens to the test |
Nomads change for education |
Today's Top News
100 remain unaccounted for after ferry sinks
Real estate investors key on schools
Xi: Integrate space and air roles
Trust and confidence are key for US-China businesses
Stand-up comedy tour kicks off
Tightening the leash on live testing
China certifies Sikorsky S-76D helicopter for 'growing' market
Fair shadowed by weak exports
US Weekly
Geared to go |
The place to be |