Beijing, China-based online cosmetics and perfume retailer JuMei filed for an initial public offering (IPO) in the US to raise $400 million, based in a document filed with the US Securities and Exchange Commission.
Tags: Alibaba
Mega-IPO to rekindle the 'bromance' behind Alibaba's rise
Masayoshi Son's nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could be the biggest U.S. tech IPO of all time.
Rocket Internet and Zalando to unveil listing plans in Sept: sources
German venture capital firm Rocket Internet and Zalando, Europe's biggest specialist online fashion retailer, are both on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.
Fighting fakes: ahead of IPO, Alibaba takes a tougher line
Alibaba is taking a tougher line against counterfeit items sold on its online marketplaces as the Chinese e-commerce giant heads towards a U.S. stock listing that could be the world's biggest technology company IPO.
Alibaba, Yunfeng Capital to acquire stake in Youku Tudou valued $1.22 bln
Alibaba and Jack Ma's co-founded company, Yunfeng Capital, said that they would acquire a stake in China's YouTube equivalent Youku Tuduo in a deal valued $1.22 bln prior its highly anticipated public debut.
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NEW YORK, NY and SHANGHAI, CHINA--(Marketwired - Apr 8, 2014) - BRIC Language Systems, shortly after entering the translation services industry, has been successful in securing a major account in PrivCo - Private Company Financial Intelligence founded by Sam Hamadeh. PrivCo has been cited thousands of times in international media for research done on IPO's such as Twitter, Weibo, and Candy Crush. First up on the radar for PrivCo, is the IPO of Chinese technology giant Alibaba.
Alibaba invested $215 million in the newest round for Tango while previous investors poured $65 million in the latest $280 million round for mobile messaging network Tango, VentureBeat reported.
Sina Weibo, the China-based microblogging and social media site, has filed its IPO prospectus with the US Securities and Exchange Commission to raise as much as $500 million in its planned US debut, TechCrunch reported.
The People's Bank of China has blocked Tencent Holdings Ltd and Alibaba Group from offering customers with virtual credit cards, according to a source interviewed by Bloomberg News.
Tencent Holdings, the biggest Internet company in China, could get a 16% stake in online retailer JD.com, according to a Chinese business newspaper, Reuters reported.
Tencent Holdings Ltd and JD.com Inc are in talks to join forces and consolidate their e-commerce operations, according to two people familiar with the matter interviewed by Bloomberg.
Chinese e-commerce firm Alibaba is trying to buttress its weaknesses ahead of its public debut later this year by acquiring firms, the Financial Times reported.
The UK website of e-commerce giant eBay will soon allow the sale of Bitcoins and other digital currencies under the Virtual Currency category, CNET reported.
As China's central bank makes regulations regarding digital currencies stricter, Alibaba Group Holding will be banning the sale of Bitcoin and other related products, Bloomberg reported.
