Alibaba, Weibo see advantages in US listing | Bangkok Post: news

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Alibaba, Weibo see advantages in US listing

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In picking the US to launch initial public offerings rather than their home market, Chinese technology companies Alibaba and Weibo are opting for maximum visibility and access to capital. 

In picking the US to launch initial public offerings rather than their home market, Chinese technology companies Alibaba and Weibo are opting for maximum visibility and access to capital

Alibaba, an e-commerce giant that blends elements of Google, eBay and Amazon, confirmed its plans Sunday to launch a US listing. US press reports have said the offering could be as big as $15 billion, which would make it the largest Chinese IPO ever and the biggest since Facebook's in 2012.

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