Multiple Chinese sites pass on a rumor (supposedly stemming from an insider) that Alibaba is...

|By:, SA News Editor

Multiple Chinese sites pass on a rumor (supposedly stemming from an insider) that Alibaba is thinking of floating an IPO in late 2013 or early 2014, and will begin a roadshow in mid-2013. Yahoo (YHOO), which maintains a 23% stake in the Chinese e-commerce/online payments colossus, wouldn't mind that. Alibaba's share repurchase deal with Yahoo valued the company at $35B, and gave it the option to buy back more of Yahoo's stake at IPO time.