The Chinese e-commerce giant plans to start taking investor orders on November 15, after its Singles' Day sale, and price the offering on November 20, the people said
On November 11, a big treasure box is up for grabs with the opportunity to win the whole 5 listed products for free.
The company had been working on an August listing in Hong Kong but the transaction was put on hold due to anti-government protests in the city creating financial and political uncertainty
Among tech business leaders, Google CEO Sundar Pichai topped the list, followed by Tesla and SpaceX CEO Elon Musk.
Hangzhou, in the eastern province of Zhejiang, is assigning government affairs representatives to facilitate communication and expedite projects, the city government said on its website
Adityanath government to onboard ecommerce platforms to promote MSMEs
Ma's exit comes as Alibaba has grown to become Asia's most valuable listed company, with a market capitalisation of $460 billion
Ma, one of China's wealthiest and best-known entrepreneurs, gave up his post on his 55th birthday as part of a succession announced a year ago
The Chinese juggernaut handles more business than any other company. Yet like many of its compatriots, it has struggled to expand into new markets
We have already built a very solid foundation in e-commerce, said Daniel Zhang
Ma plans to put his vast fortune - among China's biggest at $41 billion - into initiatives serving his first love, education
Chinese under 30 aren't savers like previous generations. That's helping diversify the economy, but adding to household debt.
More than 10 weeks of confrontations between police and pro-democracy protesters have plunged Hong Kong into its worst crisis
Both Alibaba and smaller rival JD.com, however, are seeking to diversify amid slowing e-commerce revenue growth at home - due in part to markets in China's biggest cities saturating
Baidu has struggled to fend off competition from the likes of Tencent and ByteDance Inc., both of which are luring smartphone-savvy consumers and advertisers to their popular mini-video
Alibaba and Tencent's businesses are largely domestic, having little to do with the US or trade
The Tmall Genie Auto smart speaker will allow drivers to use voice commands to, for instance, place orders on Alibaba's online retail platform and buy movie tickets
To date, Ofo has operations in over 250 cities across 21 countries alongside widespread usage by over 200 million global users
Jack Ma-promoted firm posted 41% revenue growth in the December quarter, but chances are the growth rate will slump
The result is likely to add to investor worries as it highlights the mounting pressures facing the e-commerce behemoth