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Alibaba Said to Push Back IPO to September Amid SEC Review

Alibaba Group Holding Ltd. will wait until September to conduct its U.S. initial public offering, a person with knowledge of the matter said, as it seeks regulatory approval of its prospectus.

The Chinese e-commerce giant had been targeting an early August debut that would have had its executives on the road to meet investors as soon as this month, people familiar with the situation said as recently as July 16. The company is now seeking to avoid rushing the deal as it continues talks with the U.S. Securities and Exchange Commission, the person said, asking not to be identified because the process remains private.