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Alibaba founder Jack Ma.
Alibaba founder Jack Ma.
(BOBBY YIP/REUTERS)

BREAKINGVIEWS

Alibaba could be China’s next $100-billion IPO

Reuters Breakingviews delivers agenda-setting financial insight. Its global correspondents react to stories as they develop, delivering sharp and provocative commentary on big financial news as it breaks. Click here to read more international insights.

Could Alibaba be China’s next $100-billion stock market listing? The Hangzhou-based e-commerce giant continues to be coy over when it will take the plunge. But sooner or later founder Jack Ma will need to offer some kind of exit for his backers, not to mention employees, and an initial public offering is the most likely solution. Now is a good time to start asking how the company should be valued.