No official IPO date has been set for Alibaba Group Holding Ltd., but analysts predict the company could file for its U.S. IPO as soon as the end of April.
While investors wait for the official date, the Chinese e-commerce firm has been on a spending spree. In the last year Alibaba has spent nearly $3.5 billion on acquisitions covering various industries.
The 2014 IPO market is cluttered with hot tech offerings, but a clothing retailer might start stealing headlines as rumors pick up of a $5 billion J. Crew Group Inc. IPO.
Earlier this week, Bloomberg reported that J. Crew could be valued as high as $5 billion when it comes to market, citing anonymous sources close to the company. Reportedly, J. Crew has been interviewing numerous banks before making a final decision on an initial public offering.