Alibaba's headquarters on the outskirts of Hangzhou, Zhejiang province - Photo Credit: Reuters/Chance Chan
Alibaba Group Holding Ltd, the Chinese monster e-commerce company has applied for an initial public offering (IPO)to float its shares on the U.S. stock market - if the IPO takes place, it can turn out to be one of the largest offerings made in the tech industry in history. The shares will be traded either on NASDAQ or NYSE. You can read the Reuters full report here
