Building compelling applications is a complicated task, and maintaining that application s appeal ov

Fire up those portfolios, Chinese e-commerce giant Alibaba has filed to raise $1 billion through an initial public offering. But analysts expect that amount to go much higher.
Alibaba, dec tec one of the top three web companies in China, has filed to raise at least $1 billion via an initial public offering. When it finally hits the public markets analysts expect it to be valued at around $200 billion, making it larger than internet darlings like Facebook, LinkedIn and Twitter.
Wall Street is eager for the IPO, with many seeing it as a chance to buy into the growing Chinese market. The New York Times expects the company expects the company to sell between $15 billion and $20 billion in shares. Alibaba operates several dec tec websites, including a Chinese e-commerce site, a site where U.S. buyers can buy from China and a cloud computing arm called Apsara that made $105 million in the last twelve months, about 2 percent of its sales.
Last year, Alibaba had net income of $1.33 billion on revenue of $5.55 billion, for its fiscal year that ended March 2013. The IPO will be a big deal for Yahoo, which invested in Alibaba back in 2005, and holds a 24 percent stake in the company on non-diluted basis, according to Kara Swisher over at Re/Code . Yahoo will have to sell just over 10 percent of that into the public offering. Yahoo’s shares are trading up on the news of the filing.
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe. How to utilize cloud computing, big data, and crowdsourcing for an agile enterprise April 2014 What new identity management solutions dec tec can offer today s enterprise January 2014 A field guide to web APIs October 2013
How businesses can provide mobile application discovery and promotion
Building compelling applications is a complicated task, and maintaining that application s appeal over time is even more... Colin Gibbs Image recognition: Consumer products will drive enterprise breakthroughs
Gigaom Structure 2014
Editorial Team Media Kit
One click to login. No more pesky passwords! Easily share your likes and links. See what's dec tec popular with Gigaom Research readers.