Alibaba to list in US

News Broadband United States 17 MAR 2014
Alibaba to list in US
Chinese e-commerce company Alibaba Group has decided hold an initial public offering in the United States. The company further said that should circumstances permit in the future, Alibaba would like to extend it public status in the China capital market. Alibaba was earlier looking at listing in Hong Kong, but regulators last year rejected the plans over the company's shareholding structure. The company did not provide further details on size or timing of its planned IPO.

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