Home Alibaba set to begin IPO roadshow - report
 

Keywords :   


Alibaba set to begin IPO roadshow - report

2014-09-01 08:54:00| Telecompaper Headlines

(Telecompaper) Alibaba is expected to begin the roadshow for its initial public offering early in the week of 08 September, and its shares could list as soon as 18 or 19 September, a person familiar with the situation told the Financial Times. The marketing trip, when company executives and Wall Street bankers meet with prospective investors, will kick off in Asia and include stops in Europe and the US, the report said. The Chinese e-commerce company is expected to raise about USD 20 billion when it lists on the New York Stock Exchange. A price range for the shares is typically given just ahead of the start of the roadshow. Alibaba also increased its internal valuation to USD 140 billion, from USD 133 billion earlier this month and USD 119 billion in June, according to regulatory filings.

Tags: set report begin alibaba

Category:Telecommunications

Latest from this category

All news

»
05.11Vodafone-Three merger could get green light, watchdog says
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
05.11Shoppers warned over luxury advent calendar scams
05.11Durable Floor Coating from HMG Paints Transforms FC United\'s SMRE Bar
05.11Teknos Poland Honored by Farby i Lakiery
05.11Xumo teams up with Target to offer Hisense Xumo TVs
05.11KT launches 8K AI-powered IPTV set-top box
05.11Tropical Storm Rafael Graphics
More »