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Alibaba to float next week

2014-08-31 10:43 Shanghai Daily Web Editor: Li Yan
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E-commerce giant Alibaba Group is planning to make its debut on the New York stock market in the week of September 8, an insider said yesterday.

The much-anticipated sale could raise US$20 billion, making it the biggest technology listing in the United States.

The firm is awaiting final approval from US regulators, the source said.

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