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CNBC: Alibaba's IPO could arrive in August

  • Citing sources, CNBC reports Alibaba (ABABA) "could look to make its stock market debut the first week of August."
  • The company reportedly expects to receive feedback from the SEC about its F-1 filing (published two weeks ago) as soon as June 7, and then "spend a few weeks correcting or clarifying any issues raised." Presumably, Alibaba would then launch its IPO roadshow.
  • Yahoo (YHOO +1.4%) followed Internet peers higher today. The company sold off after Alibaba filed its F-1, but rallied in April after posting Alibaba's Q4 numbers.
  • The Q4 figures led some of the sell-side to argue a $200B+ post-IPO valuation is possible. The recent selloff in Chinese Internet stocks might temper Alibaba's multiples a bit.
  • Related tickers: SFTBF, SFTBY
Comments (2)
  • Pete P.
    , contributor
    Comments (404) | Send Message
     
    I believe Alibaba will acquire Yahoo for $65 billion. Jack Ma will realize that his company will be worth $300 billion in 2015, thus Yahoo's remaining 13% stake would be worth $39 billion.

     

    He'd be able to buy Yahoo core for a song.
    19 May, 04:55 PM Reply Like
  • Nettligent
    , contributor
    Comments (1345) | Send Message
     
    I strongly believe that Alibaba should consider acquiring Yahoo and Yahoo Japan to expand its business outside China, capture huge market share within short time frame and less risk.
    Yahoo has zero valuation right now. Execution is on track and turn around is solid. Microsoft made another worse mistake not to acquire Yahoo few years ago.
    19 May, 10:45 PM Reply Like
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