Alibaba Group May Be Preparing for Eventual IPO

Alibaba Group May Be Preparing for Eventual IPO Play

Feb. 22 (Bloomberg) -- Justin Weiss, an analyst at JI Asia in Tokyo, talks about Alibaba Group Holding Ltd., and the company's offer of as much as HK$19.6 billion ($2.5 billion) to privatize a listed unit and gain full control of China’s biggest corporate e-commerce site, Alibaba.com Ltd. Alibaba.com reported quarterly profit that missed estimates as anti-fraud measures cut the number of vendors using its site for exports. Weiss speaks with John Dawson on Bloomberg Television's "First Up."(Source: Bloomberg)

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