By and and  on February 27, 2014

SHANGHAI — The battle of Alibaba versus Amazon is about to get a lot more interesting.

Alibaba Group Holding Ltd.’s announcement that it would launch a new e-commerce site in the U.S. via two of its subsidiaries is likely motivated by the Chinese e-commerce giant’s plan to launch an initial public offering sometime this year, analysts said. It is expected Alibaba will list in the U.S., in an offering that could value the company at up to $190 billion.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus