Alibaba lights IPO touch paper

The most highly anticipated IPO since Facebook looms closer. China’s internet industry offers enormous potential but also has its risks.

Alibaba lights IPO touch paper

Alibaba Group has unveiled a few more details of its blockbuster US initial public offering, which could yet raise as much as $20 billion for the Chinese e-commerce giant and break all records. 

Founded 15 years ago by English teacher Jack Ma, Alibaba has since grown into the largest e-commerce company in the world’s most populated country. With a valuation anywhere between $150 billion and $250 billion, according to media reports citing analysts,...

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