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Alibaba, JD.com Awaken China Tech's Long-Dormant IPO Machine.
- Source :
- Bloomberg.com; 3/31/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- While loss-making, the unit has consistently racked up double-digit revenue growth and is one of the company's most recognizable brands, a nationwide logistics giant that helps ship upwards of a billion packages during the company's signature Singles' Day shopping festival. (Bloomberg) -- Alibaba Group Holding Ltd. and JD.com Inc. have begun preparations for a trio of the year's biggest Chinese debuts, heralding a wave of initial public offerings that promise to breathe new life into the struggling technology industry and Hong Kong's stock market. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 162845749