Twitter losses widen ahead of New York IPO

Twitter is shunning Nasdaq after Facebook's botched IPO there last year. Photo: Reuters

Twitter revealed on Tuesday a tripling in quarterly losses as it prepares to list on the New York Stock Exchange in one of the year's most anticipated IPOs.

Thursday, 17 October, 2013, 3:27am

Alibaba faces bumpy road in US flotation after abandoning Hong Kong offering

Alibaba walked away from a Hong Kong listing after regulators refused to let the company maintain its partnership structure. Photo: Reuters

The United States will not be an easy option for the potential US$15 billion listing of Alibaba, which has been stuck in a war of words with the Hong Kong stock exchange and regulator over its listing plan.

8 Oct 2013 - 8:18am 2 comments