Alibaba Seen Avoiding Facebook Flop With IPO

Alibaba Seen Avoiding Facebook Flop With IPO Play

May 6 (Bloomberg) -- Alibaba doesn’t want to be the next Facebook, at least for its prospective IPO. The world’s biggest online retailer is considering a more conservative valuation than what the social-networking company achieved last year, a person familiar with the situation said. Stephen Engle reports on Bloomberg Television's "First Up." (Source: Bloomberg)

Feed Most Popular

  • On Air Now

    Bloomberg West Watch Now

  • Next

    PAID PROGRAMMING

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus