Alibaba Group, China's largest B2C e-commerce operator, will reportedly issue an IPO within 2013, according to Beijing-based news portal china.org.cn Tuesday.
The group declined to comment when contacted by the Global Times.
Alibaba's IPO was expected to raise $20 billion, surpassing US social networking company Facebook Inc's $18.4 billion, said the report, noting that the company's board has not yet decided on the listing location.
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