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| VIEW EVENT INFORMATION: Alibaba |
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Alibaba.com IPO Confirmed |
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About the organization Alibaba:
Type: Business
Sub-Types: Website, Advertising Agent, Retailing Agent, Computer Software, Search Engine, E-Commerce |
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Notable Organizations: Alibaba, Techcrunch
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| Chinese ecommerce group Alibaba has confirmed preparations for an IPO of Alibaba.com.
Alibaba.com shares will be listed on the Hong Kong Stock Exchange in the third quarter and the IPO is expected to raise HK $7.8 billion (US $1 billion). Alibaba has said that they would be using the additional capital to expand their international footprint.
The IPO will see the partial spin-off of… |
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