Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Alibaba to launch world's biggest IPO this week

21 April 2014, 09:02

Hong Kong - Chinese e-commerce giant Alibaba Group Holding is expected to file the prospectus for its US initial public offering next week, sources said on Wednesday, moving closer to what could be the biggest-ever listing by a technology firm.

Alibaba's documents could be filed as soon as Monday, added the sources, who couldn't be named because the plans aren't yet public. The IPO could be worth more than $16bn, surpassing the previous record for a technology share sale set by Facebook in 2012, Reuters previously reported.

Alibaba had no comment to make on its IPO filing, a spokesperson said.

- Reuters


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
S Mbinya
What To Do If She Has A Boyfriend

Here are tips to help you get a girl who has a boyfriend: Read more...

Submitted by
George Vodongo
Kalonzo blasts DP Ruto for ‘grabb...

11 Kamba MPs declared their allegiance to Jubilee last month. Read more...

Submitted by
George Vodongo
President Uhuru Kenyatta pardons ...

President Uhuru Kenyatta on Thursday released 7,000 petty offenders to create room in the prisons. Read more...

Submitted by
Ben Wangui
Why Mashujaa Day celebrations wer...

Find out why this year's Mashujaa Day celebrations were held in Machakos. Read more...

Submitted by
S Mbinya
Foods that burn belly fat fast

You can take your best foods and snacks and still be able to get rid of that pot belly. Read more...