Alibaba To Kick Off IPO In U.S.

HANGZHOU, CHINA - MARCH 29: A hand-painted wall showing the Alibaba's international business at the Alibaba Group headquarters on March 29, 2014 in Hangzhou, China. Chinese e-commerce giant Alibaba has decided to begin its initial public offering (IPO) process in the United States, the company announced recently. Alibaba Group Holding Ltd began in 1999 with the web site Alibaba.com. It's a privately owned China's Hangzhou-based group of Internet-based e-commerce businesses including business-to-business online web portals, online retail and payment services, a shopping search engine and data-centric cloud computing services. (Photo by Hong Wu/Getty Images)