Alibaba Fundraises, Sets Stage For U.S. Market Premiere

The move is aimed at easing the group’s entry into U.S.markets, and supports Alibaba’s acquisition of American eCommerce assets and rumored preparation for an initial public offering.

We’d love to be your preferred source for news.

Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

Add as Preferred Source

“Alibaba is run by entrepreneurs, and we believe in supporting entrepreneurs with great vision and a strong sense of mission for their companies,” Joe Tsai, Alibaba’s executive vice chairman of Alibaba, said in a statement.

To learn more about Alibaba’s U.S. investment growth, read the full report here.  

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.