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BABA Alibaba Group Holding Limited

81.1201
0.7901 (0.98%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Alibaba Group Holding Limited NYSE:BABA NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.7901 0.98% 81.1201 81.37 79.70 81.27 19,415,807 01:00:00

Alibaba's Global Online-Shopping Unit Explores U.S. IPO, Bloomberg Reports

04/05/2023 12:29pm

Dow Jones News


Alibaba (NYSE:BABA)
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From May 2023 to May 2024

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--Alibaba Group's global online-shopping unit, which includes major e-commerce brands Lazada and AliExpress, is weighing a U.S. initial public offering, Bloomberg reports, citing people familiar with the matter.

--The IPO size has yet to be determined, but there are talks with banks that could potentially help prepare for the IPO next year, Bloomberg cited an unnamed source as saying.

 

Full story: bit.ly/3VwoNwV

 

Write to Singapore Editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

May 04, 2023 07:14 ET (11:14 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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