外文标题：China's Alibaba embarks on US IPO journey
SAN FRANCISCO: Alibaba Holdings Inc gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an IPO prospectus filed Tuesday in the first step of what could become the largest technology debut in history.
Alibaba, which powers four-fifths of all online commerce conducted in the world's second-largest economy, is expected to raise upward of $15 billion and potentially surpass the $16 billion that Facebook Inc managed in 2012. It will become the largest Chinese corporation to have sought a home on US exchanges
中国互联网巨头阿里巴巴集团(Alibaba Group Holding Ltd.)正式提交在美国进行首次公开募股(IPO)的计划，在上市前让投资者更近地目睹其庞大的电子商务业务的广度和规模。预计阿里巴巴集团的上市将可能是历史上最大规模的IPO之一。
The company handled more than 1.5 trillion yuan, or about $248 billion, of transactions for 231 million active users across its three main Chinese online marketplaces in 2013, more than Amazon and eBay combined.
"If it is able to transport that kind of power to outside China, it has the potential to become a true global ecommerce powerhouse," said Roger Entner, Lead Analyst and Founder of Recon Analytics. "Everybody thought Amazon could do it but now we have to rethink Amazon in the light of being the most successful company in that field in the US — but not in the world."
Former English schoolteacher and co-founder Jack Ma now owns 8.9% of Alibaba. Yahoo Inc and Softbank own 22.6% and 34.4% of the company, which said on Tuesday it is still deciding between the New York stock exchange and the Nasdaq as a listing venue.
Yahoo must sell roughly 40% of its Alibaba stake in the IPO or sell the shares back to Alibaba directly prior to the IPO.
Yahoo and Softbank may be among the biggest beneficiaries of Alibaba's IPO, but neither will exercise much control of the Chinese company despite their shareholdings.
It used to be said that "everything is big in America". Now it is China. Alibaba literally gre overnight under our eyes and is now so big that it is a giant.
alibaba sell only in bulk quantity
MKT TRENDS WILL BE effected
Alibaba will break all records. USA will see the growth of this company.
Dcool T (India)
Alibaba's IPO is likely to major records to follow. Investors excitement will lead the flow.
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Alibaba e-commerce portal is attracting a lot of investors with the massive scale and growth in China and is expected to be the largest technology debut in history.
Anil Rawat (Unknown)
Alibaba Site has really shown a tremondous change. It has manged to grow in this tough competition and has achieveed a level now.
This alibaba took my 7500 rupees and didn't refund it yet and the item which I have ordered still not received. Hopeless
LOL - and people told Jack Ma he was crazy to even think about taking on Amazon.
Hats-OFF what a Deal..... Its good to see companies growing other than US... in international Way Keep it up guys