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Posts Tagged ‘Alibaba Group Holding Ltd’

Chinas e-commerce giant Alibaba Group Holding Ltd is planning a U.S. IPO in the third quarter of this year, people familiar with the matter told Reuters, in what is the expected to be a more than $15 billion deal. The Hangzhou, China-based company, which controls about 80 percent of the countrys e-commerce, had been in […]

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Chinese e-commerce giant Alibaba Group Holding is 95 percent certain to choose New York as the venue for its initial public offering, the Financial Times reported on Thursday, citing unnamed sources close to the deal. The company is no longer discussing a potential listing in Hong Kong, the newspaper added, citing the sources. Alibaba declined […]

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BEIJING (AP) — Chinese e-commerce giant Alibaba is expanding into media by acquiring control of a Hong Kong film and television company, ChinaVision, for $804 million.

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