Alibaba Planning For An Early 2014 IPO

Posted Dec 29, 2012

Chinese e-commerce company Alibaba is preparing for an IPO in the second half of 2013 or early 2014 according to a report from Marbridge Daily.  Marbridge referred to a Chinese-language website called Sootoo.com, which supposedly found out the information from a leaked internal memo.  Alibaba Group acquired half of the stake in their company back from Yahoo!  They also have the right to buy back the rest when Alibaba launches an IPO.