Technology

April 17, 2014 3:29 PM

Chinese tech giant Alibaba is set to make a splash here with IPO

Alibaba Group — a Chinese e-commerce behemoth — has decided to go public in the U.S. after months of speculation that it would list in Hong Kong. The company could raise up to $15 billion at an estimated valuation of up to $200 billion. The prospect of a blockbuster IPO for Alibaba is already igniting the kind of frenzied investor interest that swirled around Facebook in 2012 and Twitter in 2013.

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