www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Latest News

Alibaba files for $1 billion IPO in US

By Meng Jing (China Daily) Updated: 2014-05-08 06:42

Alibaba files for $1 billion IPO in US

E-commerce behemoth poised to maintain domination of nation's virtual marketplace, Meng Jing reports

Founded in a Hangzhou apartment in Zhejiang province 15 years ago, Jack Ma's Alibaba Group Holding Ltd has grown into a monster conglomerate, dominating one of China's most dynamic economic sectors: e-commerce.

That domination will likely continue over the next few years, despite rising challenges from local rivals, as Alibaba filed on Wednesday for what could end up being the biggest initial public offering ever seen in the United States.

The huge pile of cash it is expected to raise is likely to help Alibaba find more new growth points as its e-commerce-based business is transformed into a competitive digital platform covering an increasingly broad array of Internet services.

Alibaba files for $1 billion IPO in US
 Alibaba reports strong growth before IPO

Alibaba files for $1 billion IPO in US
 Alibaba picks up digital content stake

Alibaba's regulatory filing gave a $1 billion placeholder value for the offering, but the actual amount is expected to be far higher, possibly topping the $19.65 billion raised by Visa Inc's offering in 2008, data compiled by Bloomberg showed.

Alibaba neither specified the number or price of shares it will offer nor gave a proposed IPO date. It has not revealed whether the IPO will be listed on the New York Stock Exchange or Nasdaq.

But analysts pointed out that the offering is likely to value Alibaba between $150 billion and $250 billion, which means it could be valued as low as social media king Facebook Inc or as high as global retailer giant Wal-Mart Stores Inc.

No matter how much it raises, the massive online market founded by a former English teacher, 49-year-old Ma, already was the world's largest e-commerce player in 2013.

Its online marketplaces-Taobao Marketplace, Tmall and Juhuasuan-generated a combined gross merchandise volume of 1.542 trillion yuan ($248 billion) from 231 million active buyers and 8 million sellers in 2013.

Put another way, Alibaba's online marketplaces accounted for 85.67 percent of China's total online shopping in 2013 and contributed to roughly 6.5 percent of China's total retail volume the same year.

Alibaba cited in its filing that its advantage in a nation in which e-commerce is fast becoming a way of life is the fact that the online market hasn't fully been tapped. Just 45.8 percent of China's population uses the Internet, lower than in the US or Japan, while only 49 percent of those users shopped online.

Egidio Zarrella, a partner of clients and innovation consulting with KPMG China, agreed with the rosy e-commerce picture painted by Alibaba.

"Even though the Chinese e-commerce market is big at present, it still accounts for only roughly 8 percent of the total retail market. In the next 10 years, it (the e-commerce market) will climb to 50 percent of the total retail market," said Zarrella, adding that there is no need to doubt e-commerce potential in China.  

Alibaba files for $1 billion IPO in US Alibaba files for $1 billion IPO in US
 Alibaba, ShopRunner plan to launch joint China service Top 10 Chinese Internet firms eyeing IPOs in US 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 亚洲国产精品不卡毛片a在线 | 狠狠色丁香久久婷婷综 | 女人扒开腿让男人捅啪啪 | 亚洲精品中文一区不卡 | 久久精品国产99久久 | 亚洲更新| 国内精品久久久久久野外 | 国产97视频在线 | 欧美九九视频 | 亚洲一区二区三区免费 | 一级毛片情侣 | 颜值超高的女神啪啪 | 亚洲日本在线观看视频 | 国内国外精品一区二区 | 2级毛片| 久久亚洲精品中文字幕三区 | 亚洲日本视频在线观看 | 成人毛片在线 | 欧美日韩在线视频一区 | 另类视频在线 | 超级碰碰碰在线观看 | 成人性动漫高清免费观看网址 | 欧美激情特级黄aa毛片 | 亚洲精品自产拍在线观看 | www欧美在线观看 | 精品日本一区二区三区在线观看 | 欧美h版成版在线观看 | 亚洲欧美日韩国产一区二区精品 | 91青草久久久久久清纯 | 欧美另类精品 | 在线欧美自拍 | 91香蕉国产亚洲一区二区三区 | 欧美极品大肚孕妇孕交 | 欧美yyy | 国产精品亚洲欧美一级久久精品 | 国产视频在线免费观看 | 亚洲成av人在线视 | 亚洲国产第一区二区香蕉日日 | 久久伊人热 | 精品国产一二三区在线影院 | 亚洲一区二区三区免费 |