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Potential IPO of Alibaba Group

by Johanna Chan, Thursday, May 31, 2012

Tags: Alibaba Group, China

The Chinese online retail market will top the world next year, according to the China Ministry of Commerce forecast released May 29, 2012. Alibaba’s privatization will allow the biggest online retailer in China to gain autonomy in this RMB 5.88 trillion market. With a current valuation at USD$35 billion, Alibaba Group operates the leading B2B (Alibaba.com), B2C (TMall) and C2C (Taobao Maketplace) retail platforms in China.