China's large e-commerce company, Alibaba to go public
Alibaba.com, China’s leading e-commerce company, is planning to go public later this year in what could be the biggest initial public offering ever for a Chinese Internet company, according to the New York Times’ Shanghai correspondent, David Barboza.
It could be valued at $4 billion.
His story here.
Alibaba is 40 percent owned by Yahoo. Before Yahoo’s investment in 2005, venture capital investors provided Alibaba with more than $100 million. These include Fidelity Investments, Goldman Sachs, Granite Global Ventures and Softbank.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.












