Skip to content
Subscriber Only

Alibaba IPO Imminence Excites U.S. Investors for Shares

Alibaba Group Holding Ltd., poised for the biggest initial public offering since 2012, could take a definitive step toward that goal by filing to go public in the U.S. as soon as next month, according to people with knowledge of the matter.

Alibaba may disclose its prospectus for an IPO in New York as soon as April, said the people, who asked not to be identified because the process is still private. Alibaba is opting for a U.S. listing as it struggles to persuade Hong Kong regulators to approve a proposed governance structure, the people said.