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China’s e-commerce market leader is planning on a U.S.listing.How will this change the company’s future? Alibaba Group Holding Ltd.,China’s largest e-commerce vendor,confirmed on March 16 that it will initiate its longawaited initial public offering(IPO)in the United States.The news sent shockwaves across the U.S.financial community as it is bound to bring a huge windfall to U.S.underwriters and investors.
China’s e-commerce market leader is planning on a USlisting. How will this change the company’s future? Alibaba Group Holding Ltd., China’s largest e-commerce vendor, confirmed on March 16 that it will longanited initial public offering (IPO) in the United States. The news sent shockwaves across the USfinancial community as it is bound to bring a huge windfall to US underwriters and investors.