{"id":34052,"date":"2023-05-04T11:23:52","date_gmt":"2023-05-04T11:23:52","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/alibabas-global-online-commerce\/"},"modified":"2023-05-04T11:24:34","modified_gmt":"2023-05-04T11:24:34","slug":"alibabas-global-online-commerce","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/alibabas-global-online-commerce\/","title":{"rendered":"Alibaba’s global online commerce arm weighs US IPO – Bloomberg News"},"content":{"rendered":"

(Reuters) -Alibaba Group Holding Ltd’s international online shopping unit is exploring a U.S. initial public offering, Bloomberg News reported on Thursday citing people familiar with the matter. <\/p>\n

The e-commerce giant is in the early stages of consideration and the IPO’s size is yet to be determined, the report added.<\/p>\n

The business group is in talks with banks that could potentially help prepare for the IPO next year, according to the report. <\/p>\n

However, in an emailed statement to Reuters, Alibaba Digital Commerce Group said, “Currently, there is no IPO plan”. <\/p>\n

In March, Alibaba said it was planning to split into six units and explore fundraisings or listings for most of them, in a major revamp as China vows to ease a sweeping regulatory crackdown and support its private enterprises.<\/p>\n

Analysts at the time had said the breakup could ease scrutiny over the tech giant whose sprawling business has been a target of regulators for years.<\/p>\n

(Reporting by Manya Saini and Samrhitha Arunasalam in Bengaluru; Editing by Krishna Chandra Eluri)<\/p>\n

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(Reuters) -Alibaba Group Holding Ltd’s international online shopping unit is exploring a U.S. initial public offering, Bloomberg News reported on Thursday citing people familiar with the matter. The e-commerce giant is in the early stages of consideration and the IPO’s size is yet to be determined, the report added. The business group is in talks […]<\/p>\n","protected":false},"author":8,"featured_media":34053,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-34052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ430DX-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/34052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=34052"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/34052\/revisions"}],"predecessor-version":[{"id":34054,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/34052\/revisions\/34054"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/34053"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=34052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=34052"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=34052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}