By all indications, the long-awaited, much anticipated initial public offering of Chinese e-commerce giant Alibaba Group Holding is imminent. Granted, similar rumors this spring turned out to be groundless, but this time the drumbeats for the IPO are louder and more insistent. Whenever the IPO launches, it is clear that it will have a huge impact on the U.S. e-commerce space — and by extension the mobile retail subsector. Alibaba is expected to begin marketing the IPO next week and tentatively will price it on Sept. 18. Trading will begin the following day.
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Alibaba's IPO Will Blast Mobile Retail Into Hyperdrive
Posted by: Erika Morphy September 3, 2014 07:26 PMBy all indications, the long-awaited, much anticipated initial public offering of Chinese e-commerce giant Alibaba Group Holding is imminent. Granted, similar rumors this spring turned out to be groundless, but this time the drumbeats for the IPO are louder and more insistent. Whenever the IPO launches, it is clear that it will have a huge impact on the U.S. e-commerce space — and by extension the mobile retail subsector. Alibaba is expected to begin marketing the IPO next week and tentatively will price it on Sept. 18. Trading will begin the following day.