Financial

News > Financial > Alibaba IPO Planned For Next Week, Report Says

Alibaba IPO Planned For Next Week, Report Says

(Undated) -- Chinese e-commerce behemoth Alibaba is going public next week. The "Wall Street Journal" reports Alibaba will launch its IPO early in the week of September 8th. An unnamed source told the "Journal" that means trading in Alibaba shares could begin as soon at September 18th or 19th. The company will be listed on the New York Stock Exchange. Alibaba provides payment services, digital media, and cloud computing. It might be the biggest e-commerce company in the world. It dominates in China, where most of the more than 300-million people who shop online buy through an Alibaba site. The company is expected to expand internationally.

Financial

(New York, NY) -- It's a good day to own tech stocks. HP stock jumped about four percent after it reported fourth...
(Ferguson, MO) -- It appears calls to postpone holiday shopping until after Black Friday in the St. Louis area are...
(Washington, DC) -- Health and Human Services Secretary Sylvia Burwell says enrollment in the latest round of...
(Undated) -- Consumer spending is on the rebound as Americans start to feel more comfortable spending their hard-...
(Moscow) -- Russian business leaders are remaining tight lipped about the possible consequences of Western...