Alibaba Confirms Plans To Launch IPO In US – ValueWalk Premium
Alibaba

Alibaba Confirms Plans To Launch IPO In US

Alibaba Group Holdings will to launch its IPO process in the U.S., skipping the Hong Kong stock exchange.

China’s Internet retail market leader’s move is a blow to the Hong Kong stock exchange which was initially the company’s preferred venue for the IPO.
Preferred U.S. listing
In a statement Sunday,

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