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

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.
Comments (1)
  • ajblo1
    , contributor
    Comments (156) | Send Message
     
    a post such as this adds nothing to the story already well known, other than some unnecessary hype!
    28 Dec 2012, 10:52 AM Reply Like
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