Business

China e-commerce giant Alibaba

By Kelvin Chan
Published March 16, 2014 10:19pm ET
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China e-commerce giant Alibaba
HONG KONG (AP) — Chinese e-commerce giant Alibaba Group plans to go public on a U.S. stock exchange, possibly raising up to $15 billion in the biggest initial public offering since Facebook. The announcement Sunday confirming plans for a U.S. share sale ended months of speculation over where the company would list after talks for […]

HONG KONG (AP) — Chinese e-commerce giant Alibaba Group plans to go public on a U.S. stock exchange, possibly raising up to $15 billion in the biggest initial public offering since Facebook.

The announcement Sunday confirming plans for a U.S. share sale ended months of speculation over where the company would list after talks for an initial public offering in Hong Kong fell apart last year.

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