Business / Markets

Top 10 Chinese Internet firms eyeing IPOs in US

Updated: 2014-04-18 09:26 (chinadaily.com.cn)
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Alibaba

According to online media reports, Chinese e-commerce giant Alibaba Group Holding Ltd is expected to file the prospectus for its IPO next week, although there has been no official comment by Alibaba itself.

The IPO could be worth more than $16 billion, surpassing the previous record for a technology listing set by Facebook Inc in 2012, according to media reports.

Top 10 Chinese Internet firms eyeing IPOs in US
Employees are seen at the stand of Alibaba.com during an exhibition in Shanghai, China, 5 March 2011. [Photo / dfic.cn]

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